Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Agile Flex Office Requirements

Following the change for managers from 3 days in office to 4, was there, or will there be any changes to managers who were classified as Agile Flex?

Bummy looking leader

How are we supposed to even seriously have any pride in this place when the leader looks like he’s been sleeping outdoors on a park bench all night? Rumpled, unshaven, poorly dressed, bad hair. He looks like he should be on a corner with a spare... — read more 

Town Hall

Who is ready for some propaganda! Who held a “ viewing party”. 😂. Good grief the ego of these people

New based at home contracts.

Are there any restrictions on new based at home contracts? E.g. you can’t be promoted, could be called in office at anytime etc?

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| 27650 views | | 6 replies (last February 27, 2025)
Post ID: @OP+1jmz9e6hq

Bad time to join

Received an offer yesterday for an engineering position. Is this a bad time to join. Its a significant pay increase from my previous job. I feel secure at my current job, these threads have me worried. They want me to let them know by the end of the... — read more 

Layoff prep checklist

For those that were recently let go, what did you do (or wish you had done) before being let go?

Waldron - RIGHT

The transition to P-M under Waldron is going to be interesting- RIGHT?? Every other word is “right” - I can’t concentrate right lol

looks for Job sites

does anybody know where you could look for a job online besides indeed I’m getting frustrated because I don’t know where I’m supposed to be looking on job sites. Can you please share?

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| 21360 views | | 3 replies (last February 25, 2025)
Post ID: @OP+1jmwhm4f9

This place toughened me up

I joined a new firm last year and although I’m happy, it definitely has flaws in how certain teams work together or don’t work together. Having said that, though, after dealing with BNY’s broken processes and toxic leadership, this is really a non... — read more 

Recent Redundancy packages

It seems that BNY have many different redundancy packages depending on where you are based. Would be interesting to hear what they are. Heard the UK is being offered 2 weeks per year When Ireland are being offered 4 weeks per year. How can they make... — read more 

Layoffs

How are layoffs determined? I’ve heard people are picked at random or do managers get told who?

4 Days a week in office

Any update on this? People Managers have just completed their first 4 week cycle with it. When/will this be rolled out/announced to everyone else?

Why are VPs paid so little here?

I was looking on LinkedIn for BNY jobs and saw several VP roles based in NYC starting at 66k. The range goes past 100k but you know anyone who takes that job is going to be around 66k. Compared to other places, there are plenty of VP roles that... — read more 

Worried about severance tax withholding

So I’m reading that the severance payment will be taxed around 40%. That’s insane! They are considering it supplemental income so right away there’s 22% withheld for federal, 7.65% SS/Medicare, and then depending on your state up to another 10%. NY... — read more 

Laid off in Lake Mary

Laid off today and just at a loss. I'm hopeful that I will find something better soon. I was shocked and disappointed.

Remote Work Gap Widens

What we already know. https://www.kornferry.com/insights/this-week-in-leadership/the-remote-work-gap-widens

updated severance policy

How does the severance policy handle heath insurance benefits? It used to be that health insurance was provided for the entire sub-pay period. How about now with the lump-sum payment?

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| 16970 views | | 7 replies (last February 20, 2025)
Post ID: @OP+1jmh4kp2f

Escaped this round and some thoughts ..

I understand the pain and uncertainty that comes with job loss. Having experienced it myself earlier in my career , I know it’s not a pleasant journey. The initial reaction often is, "Why me?" Many feel that they have been exceptional employees... — read more 

WHY

so here’s my question to all my layoff BNY friends. can someone please tell me why you have managers that do not know how to run to the department and do not know what the apartment does or how to do. The job gets to keep their jobs and us little... — read more 

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| 13230 views | | 7 replies (last February 20, 2025)
Post ID: @OP+1jmf2m8s8

layoff.

after 12 years of dedication you’ve been told your position has been eliminated and you are leaving on good standards with BNY. OK BNY, can you tell me what’s supposed to happen now?

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| 11510 views | | 5 replies (last February 21, 2025)
Post ID: @OP+1jmf22v4n

BNY you su-k

I knew my time was coming that I was gonna get laid off just wasn’t expecting it to be yesterday after 12 years of service. I know this is a good thing, but my anxiety is through the roof not knowing what’s gonna happen to me or if I’m going to find... — read more 

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| 10870 views | | 2 replies (last February 21, 2025)
Post ID: @OP+1jmf0j2xs

Laid Off Package

What does the package look like if you were laid off in the US but specifically Pittsburgh?

March 3

Is there a Company Wide Sick Out I heard already scheduled for March 3 ? Can anyone confirm participating

And Just Like That!

15 years of sacrifice and dedication, going above n beyond, building relationships and trust with colleagues and clients. BNY is showing they are not a company that cares about the Client and the service they deserve. They are getting rid of the... — read more 

Laid off

Got laid off today. I was based at home. Been here for 10+ years. Received exceeds expectation most of my career here. Looks like they are cutting a check for severance and also a stipend for health insurance. Are we sure none of this is... — read more 

I really want out

I am applying for anything that looks halfway decent and hoping things improve by the end of the month. BNY is a mess, and everyone knows it. Throughout my career, I have worked at several banks, and while none were perfect, I can confidently say I... — read more 

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| 10460 views | | 4 replies (last February 18, 2025)
Post ID: @OP+1jmbpmvbm

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