Good Afternoon, My name is Rachel Dalloo and I am a Reporter with Financial Advisor IQ at the Financial Times. I am reaching out to see if there is anyone who was recently laid off from BNY's Pershing and its practice management consulting team... — read more
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?
RTO DASHBOARD
dashboard is down / not accurate again.
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
Back in the layoff era of 2000 to 2008
Back in the layoff era…of 2000 to We displaced 10% per year, every year, no exceptions
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
To those that have stuck their neck out and risked it all on here with transparency…
For every site closure that was unannounced, lay-off of your team members, to rebranding,, you’re the real leaders here. A leader makes a decision, even if it means sending your troops into battle to die, and charges forward in the front line with... — 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
What’s the scope on treasury services?
There’s a lot of job postings
HeadCount Reductions this week!
"Mellon" was laid off this week. Happy 240!
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
What's going on with layoffs?
Was anybody laid off yesterday or not? What about today? Will there or won't there be cuts?
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
Region-beta paradox
For all you still at BNY, consider this... https://en.wikipedia.org/wiki/Region-beta_paradox
Have the Wellesley employees really not been informed of their pending office closure?
Had what I thought was a kickoff meeting for a transition meeting with a lead in Wellesley. I am based in PA and have the req's to ultimately replace this team of 4 and was told that my team needs to ready by year end. Manager had no idea what the... — read more
So much for Mellon
Why are the dropping Mellon name? Maybe its because of DEI? Pittsburgh and Mellons were lied to.
I got my pink slip today
So I tried it on and it didn’t fit
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.
“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.
Site closures in EMEA??
What site is next? Should staff jump now or be pushed later?
Been feeling like this with any kind of a labor market
“The cooling labor market may be good for quelling inflation but it's frustrating for job hunters — those who are employed feel stuck in roles they no longer want, while the unemployed struggle to get... — read more
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
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
When is the next Tribal Council?
Anxious to see gets “voted out” this month. I heard either tomorrow or next Monday.
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
Oriskany WIBX 950 Coverage
https://wibx950.com/bny-mellon-oriskany-closing/