How long will it take for our illustrious organization to sc--w this up? Anyone have any predictions given BNY Mellon's record for short-sightedness and managerial incompetence?
I got laid off a few months ago from BNY, and I want to apply back in
Yes I got laid off, I got severance and it has run out. However, a line in the separation agreement stated, "agree that you will not apply for or seek future employment with the Company or any other Company Releasee." I saw others in the past at BNY... — read more
it’s been said but I’ll say it again
This feedback at BNY is absolute trash. I have twenty requests to do. I mean what is the freaking point???
The real issue is losing top talent, not just the attrition rate
Everybody and their mother knows that attrition is as bad as it has ever been. But the attrition rate isn't the real story here. From where I’m standing, what’s been happening for more than a year now is that we're losing a high number of our top... — read more
Wilmington DE location
Is there any news about the future of this location? We are down to just 1 building and saying it is even half full would be entirely too generous. I know the building has been up for sale for a while now but that hasn’t gone anywhere as far as I... — read more
Massive grade L layoffs / forced retirements coming?
Hearing something is in the wind... not sure why or who started it.
Entrenched managment
Lot's of entrenched leaders with no clue what they are doing. Robin trying clean this up but it takes time. Meanwhile stock is going up and office is buzzing!
Take note Mr Vince!!
https://fortune.com/2024/09/20/working-in-office-5-days-week-build-company-culture-myth-pwc-report/
Job Applications Getting Auto-Rejected
Hello All. I am aware that this forum and message board is for people to vent about the current layoffs at BNY Mellon, but I was hoping to get some pointers or advice. In 2019 and in 2024, I have applied a total of 3 times to the same AML, KYC, &... — read more
Division Heads Impersonal
Does anyone feel that their division head is impersonal?
Quality worker versus “favorites”
I was laid off the other week. I’m ok with it but laugh to myself, it’s not all on performance. I managed my clients, hit targets but wasn’t liked by x-x. Meanwhile you have people who don’t directly take on work versus use BNY Mellon to promote... — read more
Layoffs this week?
Were there any layoffs this week? Previous posts indicated action was planned for week of 9/16.
Stock Price!
Robin and team gonna get paid big time for the share price.
BNY Whistleblower
If BNY is enforcing RTO policies to their employees, they should also 100% enforce the rest of their policies when it comes to compliance related matters of the business. I have seen soo many report policies be broken to the point where if the SEC or... — read more
What's going on with promotions?
Is it just me, or has the whole company hit pause on promotions without letting us know? I was promised one over a year ago, and still nothing. Every time I ask about it, I get the same "don't worry, it's happening" line, but then... radio silence... — read more
I Have a Huge Following
Hi everyone I was recently fired due to incorrect information in my RTO. One thing BNY didnt know is that I have a huge social media presence and will be posting about this horrible new RTO system soon— stay tuned. Anonymous
Feedback system randomly selecting raters
This new feedback system is automatically selecting people to give me feedback. Some of whom I rarely interact with in my role. Wouldn’t it make sense to choose people that we regularly collaborate with to make feedback more effective? Is there any... — read more
Bonus Talk This Year
Not only did we provide you free coffee you also got free ice cream! See you next year!
Think twice before quitting
Many who leave end up regretting it. The grass may seem greener, but it often isn't. I'm not saying not to quit, just don't rush into it. Go ahead and downvote this, but you know I'm right.
So many layoffs at bny
How is BNY staying out of the news? All of the major banks have announced layoffs yet there’s no news for BNY even with the endless layoffs this year. Is it because the US jobs are being transferred to India so it appears the total head count remains... — read more
Questionable promotions
There's been a strange surge in promotions lately, with employees who don’t seem to know how to do their core jobs. And when someone lacks the knowledge, intelligence, or experience for their role, they get defensive, especially when they feel... — read more
What's out there for us older folks?
With so many folks in our later years facing layoffs these days, it seems like companies aren’t too keen on hiring any of us. I'm curious - what are some of you who are in the age group of 55+ doing to land new jobs? Are there any opportunities out... — read more
This place
Is literally su-king the life out of me. I dont know whats worse. Having to deal with my team, business partners or manager who all know nothing. And none of them listen to anything either which makes logging on dreadful cause its same sh-t everyday — read more
Archer
All the layoffs have been to fund the new acquisition
Reflection
Was reflecting lately. 3 years ago I had a talk with my manager. Manager: “we want to promote you” Me: “no thanks” Manager: “….what…” Me: “I rather use the time to focus on other things” Manager: “you are insane, you are lazy and lack engagement” *... — read more
Everybody is making cuts and offshoring
I want to leave this horrid bank, but I don’t have that many great ideas where to. I guess it would be smart to leave banking altogether.
Is there anything that can be done to protect myself from layoffs?
I'm sc--wed if I lose my job, but I don't know if there's anything I should be doing to try and minimize the chance of being cut. Let me say from the start that I know full well that the chance will never be zero, but whatever I can do will help my... — read more
Outsourced Robot Layoffs
It’s bad enough to be replaced by inexperienced offshore labor but to add insult to injury, the layoff process is being conducted by an outsourced, 3rd party firm? ( I presume offshore). This is beyond the pale. No call with my manager or his... — read more
Who decides?
Who decides who gets laid off when a team needs to make cuts?
Thank goodness for the email updates
I don’t know about any of you, but I feel so much more determined and ambitious after Emily’s last email telling us about her Gorilla encounter. Must be nice. The silverbacks take better care of their colleagues than we do.
Analysts
Anyone know why we’re being forced to take them on teams when they are set up for a 6 month rotation then move to another team. How is that beneficial or helpful to teams who need staff?
Slip rto and get fired with or without severance?
I'm Nervous. I average above model every month, and I went on vacation last month and thought I would be on model, but I ended up below model. The manager does not like it, and I'm assuming I'll be on the chopping block next. Did anyone who got... — read more
I hope there is another layoff round
I am currently at the point where I'm anxious to get laid off.
Growth center Pittsburgh SEEMS safe from layoffs
Also-if you are in a department that deals with documents that originate from the IRS, there is zero chance that Pune or Poland would take over, as those documents would not be sent there, then on to clients. My daughter who works for a competing... — read more
Labor Day
How many people laid off last week in the US will be celebrating? The irony. Here I thought RV was a dollard.. Apparently he does have a sense of humor.
Nasty business
Taking advantage of the new analysts is nasty business. Treat them well.