Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Questions

Anyone released in Jan 25. Did you receive 2 weeks per year? When released, are you allowed to leave 401K with BNY and manage through Voya?

Bonus

What is the typical bonus range for a Sr. Vice President (L grade) from technology based out of NYC?

Post getting deleted

Several posts on here that aren’t offensive and highlighting some key gaps are getting deleted? How’s it happening? Is someone from BNY HR stalking this board?

Annual Review/Bonus/Merit

Question regarding the annual bonus. I was hired at the end of 2023 as a Letter G (hourly, non-salaried role, eligible for overtime), and my offer letter mentioned that I qualify for an annual bonus, typically around 10% of my pay. During the 2023... — read more 

Post Layoff support

Does HR give enough details about state employment claim process or we have to do all the research? Same question on the SUB. How was that process? Too complex to follow or pretty straightforward? Can we continue to contribute to 401K and HSA during... — read more 

Richard Gordon leaving?

Rumors of head of ops leaving BNY as stock price not going up as aspired even with the 800 plan reduction of staff this year and 1.2k next year.....

D.E.I. Going Forward.

When will BNY wake up and realise that promoting D.E.I., is not the correct path for success?

401k match

Does anyone know the date for the 401k match? March 31? I guess we can expect the 10% Wave 3 layoffs to happen before that so they don’t have to pay.

Almost no opportunities to progress the career

Even if you play office politics and su-k up to the managers. We are not seen anymore as human capital and nobody cares to develop employees’ potential. We're expected to stay for a couple of years, get squeezed for all we're worth, and then be sent... — read more 

Bonus Pay Month

Does anyone know what month we will get our bonus in 2025?

Quick Survey

What do you predict that BNY will take away from us employees this year (other than our dignity, of course)?

Blocked promotions

Anyone else in mgmt seeing senior leaders blocking you from promoting staff? Im seriously about to walk away from this sh-t hole. Been holding out solely cause of my pay but this is beyond disgusting . Then we’re also dealing with them not letting us... — read more 

Employees 4 days a week incoming in March or April

Just putting this in here since no announcement ahead of time is planned. To my knowledge, this will be Treasury Services wide. Not sure about other sides of the bank. Highly disappointing since it’ll feel like a rat race to get a seat in the office... — read more 

The strangest job I’ve ever had

I’m a VP level, individual contributor, working for a global team but the only one in my time zone. I’ve been coffee badging for a long time and working the 3 hours a day when the rest of the team is online but outside those hours I simply relax at... — read more 

LinkedIn

If you're not in management, is having a LinkedIn profile even useful? I don’t have any social media, but now I’m starting to wonder if my refusal to create a LinkedIn account is hindering my future prospects in some way. I often see it mentioned in... — read more 

Raise / Bonus

Anyone know if raise/bonus pools are up, down or flat? There’s been no office talk which is weird.

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| 6100 views | | 7 replies (last January 9, 2025)
Post ID: @OP+1jh1nat64

RTO Information

There HAS to be people that come to this platform and HAVE information in regards the RTO “mandatory hours requirements”. Can someone just spill the beans for the sake of all the employees and do us a favor and tell us straight up if we should be... — read more 

Exceeds/Met Expectations/Partial Meets

Can someone clear up the rumors if directors/managers truly do have a meeting and talk about all the employees in the department and decide as a “group” which employee is getting exceeds expectations/met expectations/partially met expectations... — read more 

Annual Review - No meeting and no review by mgr

It is to my understanding that managers are supposed to submit their feedback on our annual review on/by 12/20/2024 and also scheduled a 1x1 meeting to go over it. As of today 1/7/2025, my manager has not submitted her review feedback nor scheduled... — read more 

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| 5610 views | | 14 replies (last January 15, 2025)
Post ID: @OP+1jh1j3ffk

Not having health insurance is illegal in some states

While in between jobs, if you are healthy, would make sense to bypass paying the health insurance premiums until you land a new job. However, not having health insurance is illegal in NY, NJ and probably other liberal states. Can the state catch you... — read more 

RTO - daily in office hours required

What is true and what is a lie - is there a mandatory requirement for in office hours in FL? Management claims they don't understand the policy. Some say no requirement, login and work, others say 4 hours, the some say 8. Hard to follow the rules... — read more 

Did the layoffs happen today or not?

I’m thoroughly confused right now. There’s so much information flying around that I can’t tell what’s true, what’s just wishful thinking, and what’s straight-up trolling.

I envy people who left

I wish them luck, and I hope they have already found a better job. I’m stuck here for now, can’t afford to spend any energy on job search and I definitely can’t quit. Just having bad times, and my priority right now is to keep this job for as long as... — read more 

I got out

2024 was a horrible year. I figured out that I was on the rif list and my potential layoff was continuously delayed. Major drama in my team and department. In January, I decided to accelerate my job search. I applied to 135 jobs and did 40 interviews... — read more 

Seeking inputs: how to tackle “ Dreadful Monday”

Any thoughts on how you tackle the absolute gut wrenching feeling of facing Mondays in this horridly toxic place? Pretending to be all okay when I want to run away from people as if they had the plague? Pretending to “get it” “understand” the... — read more 

Why is HR so incompetent here?

I’ve been at the bank for a bit and every question I’ve ever asked HR was too complicated for them. At most companies HR gets a lot of blame that really isn’t their fault, I ask older employees and they respond with “hr is useless, don’t even... — read more 

Ultimate fear - unemployable by other firms.

I’ve heard of so many colleagues here get laid off only to have no options but to come back here at a lower pay. And they get laid off again! I’ve had a good career here, really built my network up, and have rose through the ranks to SVP from entry... — read more 

The Bottom line….

You are a loser if you stay here. Only exceptions are: people in their late 50’s - early 60’s looking to cash out, people fresh out of college and … India low cost/ low self worth. All the rest? You lose. Robin thinks you are nothing. This place is a... — read more 

Layoffs/ Turnover

How does this company think they look with all these bs layoffs they keep doing and the turnover? Its not a flex. They look so bad and nobody should work here or do business with this place. Its awful

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