Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Missing RTO by 1 day?

I missed RTO by one day last period for the first time due to an oversight on my part. Will I be terminated?

New Dublin office

https://m.independent.ie/business/bny-agrees-deal-to-move-into-marlets-shipping-office-building-in-dublin/a1564899595.html With the cost of staff in the Dublin office, this makes no sense. Are the C-Suite folks in Dublin shutting down the other... — read more 

by
| 7160 views | | 6 replies (last June 22, 2024)
Post ID: @OP+1t3iB7fG

Mid Year Reviews

Does anyone know how important these reviews are? If for example you get off-track a criteria, are you likely to be cut in the autumn? Or is it only the end of year reviews which really matter?

Emily

She reminds me of someone who is used to talking to kids all day long. Her tone, voice and general demeanor is like a burnt out kinder school teacher. Condescending as the day is long. The attitude of inside joking is boring at best. There is no... — read more 

REBRANDING

pathetic all of these lackeys rushing to LinkedIn post how great this rearranging of the deck chairs waste of money is. And these managers sending out emails talking about how exciting this change is laughable

Letting quality people go is the major problem

The problem is less the number of people let go, as the quality of the people let go. BNY training and resources leave a lot to be desired and to take people with years of knowledge that isn't in any trainings offered here and lay them off with no... — read more 

More blood today in US

Had more displacements today in the building back better economy. People on my team, some of the more knowledgeable and productive were let go because they chose to stay loyal to their company even after the company shut their building down. They... — read more 

How about running a sound, profitable business

instead of constant cuts and reorgs? I know, I know - it’s hard! It requires competence, knowledge, effort, people skills, management skills, and the capacity for vision. Why not instead run a get-rich-quick scheme, employees and company be damned... — read more 

Its EC vs Emp & we know who wins.

It’s disgraceful that commitment, hard work, and ethics have no value in the eyes of the current executive mgmt. They have landed here with personal agendas, having not been able to push them through in their previous orgs. The systemic destruction... — read more 

Six Let Go from team

Six longtime remote workers were let go the company with nearly zero warning an hour ago.

Did BNY lose all employee trust?

For me personally, the trust is completely gone. I might have once believed that the management was doing the best they could for the bank and employees but I am no longer that naive. Now I know they are only doing what's best for themselves. They... — read more 

When is enough enough?

Today and in coming days as you yourself or a coworker gets let go ask yourself when is enough enough? This didnt have to be in our bank or our country. Leadership of both have sold us, the workers and people out for their own power and their own... — read more 

Any scoop on Digital Assets?

I was looking at a role in the Digital Assets group in the Bank. Based on some feelers I have been told to stay away as far as I can. Any thoughts and insights? How’s the group viewed by top management? Have they truly delivered anything or anything... — read more 

by
| 5650 views | | 11 replies (last June 14, 2024)
Post ID: @OP+1sYIdafM

Region-beta paradox

For all you still at BNY, consider this... https://en.wikipedia.org/wiki/Region-beta_paradox

So much for Mellon

Why are the dropping Mellon name? Maybe its because of DEI? Pittsburgh and Mellons were lied to.

Why I am here ?

Why I am here ? I am looking for information about layoffs and potential layoff scenarios and how to tackle the before and after scenarios. Looking to leverage experience of others so that I can navigate the scenarios if I am axed. Why am I at... — read more 

Asset servicing split up

So the word is Emily is loosing relationship and sales for AS. We will be re-org as part of Cathinka’s org and Emily will be left with product. As a RM it will be a welcomed changed versus the current which is often hysteria under EP.

by
| 5590 views | | 10 replies (last June 13, 2024)
Post ID: @OP+1sXwfrJS

“The key to success is collaboration”

OMG! How insightful! I can’t believe I never heard this one before. Just how can some lowly peon like me impart just have of this wisdom to pass onto others? Seriously though, this mantra is really going to separate the men from the boys here. Wow — read more 

Layoffs will never end

Learn to behave accordingly. Live below your means, make sure your resume is updated, and always keep looking at what's available even if you are not planning to leave just yet. That's the only way to survive with your mental health intact in the... — read more 

Quarter end

This town hall feels painfully out of touch.

AML/Prevention/KYC

Hi everyone, I just saw on the Internet that BNY Mellon’s Lake Mary Office is currently hiring for this role. Associate, Anti Money Laundering/Prevention/KYC Representative II If you can, could someone please tell me if this job combines both... — read more 

by
| 5670 views | | 21 replies (last June 24, 2024)
Post ID: @OP+1sSF0RS3

Pershing Confirmed layoff

I was told that the layoffs will start on the 10th in India. US will start on the 12th through 14th. From what I see so far, most people on the list asked for a package or are getting it for cause. There are still many that will lose their... — read more 

SUB Agreement Question

I was recently given severance and in the terms it says that I have no right to apply for or work at BNY or any other of its releasee, unless otherwise waived. Does anyone know what defines “releasee”? The definition isn’t given in the document. — read more 

WFH: No Excuses!!!

isn't that the truth about working from home and getting in trouble if we show up to the office because we have to. it's supposed to be mandatory 3 days a week in the office but some people aren't even doing 3 days a month. even on short weeks (weeks... — read more 

Start a new thread - post a news comment, question or message:

: