The firm is quietly letting lots go. Rumors is over 5000 people. They are doing it very quietly and as such the press hasn’t gotten wind of it.
So who is Bridget taking with her?
WF person here. I hear BE comes with her people - any thoughts on who she’ll bring?
Does Ben Slavin take any accountability or have metrics
The more I interact with Ben Slavin from different capacities in AS I realize he claims no responsibility for anything, cares only about himself and elevating his personal market brand. He has no real metrics and responsibility but gets paid almost a... — read more
HealthEquity data breach (HSA)
HealthEquity data breach affects 4.3M people... Happened in March - right after BNY made the change from BenefitsWallet... https://techcrunch.com/2024/07/30/healthequity-data-breach-affects-4-3-million-people/ https://www.healthequity.com/breach — read more
So we forfeit the 10 shares?
I left the bank a couple of months ago. I still see my RSUs from BNYM in my Fidelity account. Are those forfeited, or will I be able to cash them out after the 3 year term?
Anyone else’s background changing to the “Principles”?
does anyone else’s laptop background forcibly change to the principles? i have mine as my pet, and it keeps forcibly changing to “client obsessed” or “spark progress” and it’s starting to pi-s me off. those principles annoy me enough, and i think... — read more
Town halls
These town halls are so ridiculous. They like to tell us how great the culture is and how much it’s changing for the better over & over & over. Listen & believe what we tell you versus what you’re experiencing…. & trying to pressure everybody to... — read more
New Feedback Process
Oh what fresh hel* is this? Just more worthless administrative cr-p for us to endure rather than doing our real job. I predict that nothing (good) will happen as a result of this, everyone will complain about it and it will just mysteriously... — read more
Bridget Engle - Competent?
Or just another Scharf lackey? WF just demoted the Head of Technology, Tracy Kerrins and hired Bridget Engle as Head of Technology. Tracy Kerrins has been a disaster since she was given the role in spring 2023. Can we expect more of the same from... — read more
Clients and EP
They can’t stand her!!!!
Agile Delivery Practice Mess
Such a mess we have created with this practice with the head having no clue how to run this.
Redundancies in Ireland - Check out recent Pluralsight case
"Tech firm ordered to pay sales director €112,000 over handling of... — read more
Wilmington, DE to close by the end of the year?
Anyone have any details, or is this just another "end of the world" rumour? I know there are no new hires in the site, and ofice space has been consolidated.
Townhalls
Low hanging fruit is now a thing?
Treasurer of BNY left yesterday
CFO is slimming his management team
401k
Lost everything because I was let go before the 3 years. This is complete sh-t. Hope they all lose everything
US Notice Policy Breach
Has anyone left earlier than the required notice period - VP/SVP 30 days, D/SD 60 days, MD 90 days? What is the consequence of submitting an earlier notice or providing last day of work? As soon as your notice is submitted, policy states you are... — read more
PGH Badge Swipes
I noticed that we're required to badge out when leaving the building. Is this the case in both Ross and Grant? Do other offices have this? Guess this is how they get around the IP address tracking to keep track of time spent in office.
How many people did we lose in the last 12 months?
Not just to cuts, but attrition as well.
Who created the promotion of manager getting more work but the wage increases kicks in 9 months later?
Who created the promotion to manager getting more work/ duties but the wage increases kicks in 9 months later? Why we are letting the management ripping us off for the 9 months.
Bank of New York Mellon touched an all-time intraday high of $64.93 on Friday
Bank of New York Mellon touched an all-time intraday high of $64.93 on Friday after second-quarter earnings topped Wall Street estimates, above the prior record set in February 2022 This is why RV is here to stay. Again, he is neither your friend... — read more
What worse will happen if I complain to my skip level manager or HR
I have been stressed lately due to unrealistic pressure from my direct line manager. The short sighted demands from my manager are just a knee jerk reaction to what my manager hears from his superiors. I am still early in my career, but wondering if... — read more
Site rebrand to BNY and UK/IRE location strategy
If a site is still showing 'BNY Mellon' on the wall does that mean curtains? Current trajectory? UK: London & Manchester Ireland: Dublin (with massive new office in 2025). Looks like staff in Poole, Edinburgh, Wexford and Cork etc should dig... — read more
Ops cleanup
Are we cleaning. We focus only on tech always :(
Head of EQE last day was today
SA has left the bank
Where’s Sabet?
Who is actually running TSG now?
Someone posted about 7/18 last week. I diidnt notice anything
Someone on this forum posted about layoffs for today (7/18) but I didnt notice anything. Honestly, I was stressed whole week for nothing it seems. Do people just post without any real proof and make others anxious? What do they get out of such... — read more
Another EC departure
Natalie Sunderland leaving BNY!! We seem to be on a roll at the moment, I'm having trouble keeping up.
Pay check question
If I resign in the middle of a pay period, will my next check be a full check and the next check will be for the partial period that I worked? For example: if I resign on Friday July 19, will my check on July 31 be a full check and the check on... — read more
Poland - still a growth location?
So I've heard that Poland is no longer considered a "growth location" due to increasing costs, site leaders incompetence and risk due to war in Ukraine. Anyone heard anything from Risk & Compliance?
Got offered the PIP & GO
Should I take it? Has anyone had any experiences one way or the other? Got offered 12 weeks full pay and benefits
A positive post
Before joining BNY, I had an unstable work history with consulting and temp jobs. So far, for the last five years, BNY has given me a stable workplace where I have enjoyed coming to the same office, talking to colleagues, feeling like I belong. I... — read more
Not bad compared to BNY Mellon SUB.
''Vince won’t have to worry that he made a bad decision in moving from Goldman to BNY Mellon should there be a change in control. The proxy filed with the SEC also shares that if Vince is terminated by the bank as a result of a change in control... — read more
What about other banks
Aren't all banks the same from work culture POV? Dog eats dog... Thus layoffs too are a norm.
Full time in India
Not sure if y’all noticed that if in India they stopped hiring full time anymore. I would say 95% percent of them are contractors….
PTSD
Anyone else have ptsd from layoff ever other month? Class action suit thoughts?
What worse will happen if I complain to my skip level manager or HR
I have been stressed lately due to unrealistic pressure from my direct line manager. The short sighted demands from my manager are just a knee jerk reaction to what my manager hears from his superiors. I am still early in my career, but wondering if... — read more
7/18 is the date !!!
Anyone heard anything regarding layoffs next week?
Whats the story with Dublin
Why does Dublin get so many middle to high level managers and not many people doing actual ground work?
What would you do to try and avoid a layoff?
How about offering to work for free? Overlords would jump with joy. And best of all, you get to keep your job! “For half to two-thirds of respondents, that included “working weekends, they would avoid taking time off,” said career strategist Julia... — read more