It took a few months but a local newspaper covered the closure of Oriskany; https://www.romesentinel.com/news/bny-mellon-closes-oriskany-location-transitions-employees-to-remote-work/article_bb0ae06e-1ebd-11ef-8636-8b502bf9833c.html I worked in... — read more
Chainsaw’s Legacy
Remember when Charlie left overnight and most of his cronies/tag alongs from his last place left with him? There is one hanger on who is retiring all of a sudden. Seems as though rats jump ship before the ship crashes into an ice burg
Widespread Breach of Employee Medical and Financial Data
Look at RadioactiveWorc on Twitter. Every single employee's medical info and salary information is widely available on every major social media platform. Thank Christine Gill and her husband.
Glassdoor
Upper management must be paying people to post the recent 5 stars review with no cons
For people who care so much about in office time
I have a question for those who support increasing in-office hours, and even criticizing the others: Do you own the company or hold a significant amount of stock? Why are you so concerned with what is good for the company? And why are you criticizing... — read more
US coworkers axed
So why are they separating our US employees from one office to rehire in another? Brilliant. Will they be doing that in the UK also?
HOURLY IN OFFICE TRACKING
Heard rumors that BNY is going to start tracking how many hours employees are in office. In order for an in office day to count the employee must be in office for at least 6 hours. How true is this?
Getting ready to be severed
Any advice in how benefits work is much appreciated.
Back to the old ways
All you have to do is google “BNY lawsuit” to find the endless number of articles about the shady, incompetent, or down right illegal and corrupt practices that this place engaged in for many years. What’s really sad is that we were turning the tide... — read more
How does 401k 3 year vesting work?
i am so confused by this, is all 401k vested after 3 years of working at bny and then each year is vested end of year or after 3 years only my first year is vested? this sh-t is so confusing.
In office dashboard
What a dump. in office dashboard is not working this morning. It’s not counting your time off - so it shows you below model. What a joke, considering all the emphasis being in office and the tracking.
Asset Servicing Tech
worst run division full of slacking old timers doin nothing..no meaningful work hiding within maintainence work with 0 productivitu
When Mckinsey comes to town
“There is a distinct possibility that McKinsey may be the single greatest legitimizer of mass layoffs than anyone, anywhere, at any time in modern history.” P-o-M was sold to us by Mckinsey to give management excuse to cut costs and drive mass... — read more
No severance to fund corporate jet and other amenities
In my opinion, who would want to work at this firm? Firing people with severance so that they can fund a second corporate jet and build a restaurant in the new york office. Offering people almost no severance for 20+ years of service. Shame on... — read more
Jobs to Poland, which European Office is for the chop?
Whatever it will be, it will defy logic🤔
Last paycheck
If my last day was May 10th, would my last check be for May 1-10th and paid out on May 15th?
Informal PIP?
Does anyone have any experience with an “Informal PIP”, either as an employee or as a manager? How did it play out?
Treasury services
What’s happening with the treasury services department..
Massive lies
I suggest you stop reading this site because it’s detrimental to your mental health. I found myself reading posts thinking honest people would post valuable information and getting depressed. I was always worried there would be the next round of... — read more
June Purge
Any news on the scope of massive June Layoffs? Build Back Better!
Asset Servicing
What in the world is going on in asset servicing? These silos were the stupidest idea and now there’s talk about getting rid of them?
We have MDs in India???
I've been seeing lots of high up positions in India. Will Robin and the EC give up their jobs for their India counterparts? Ridiculous!! Why is no one talking about this?
I lost my job today and I don't get paid back on my PTO.
PTO, you only get back PTO you bought, not the hours you accure, if you see the writing on the wall, go use it all, otherwise you will lose it. Doesn't matter how much you have, you only get the "flex vacation" you had the option to buy.
Accrued PTO not paid out?
Is accrued PTO not paid out upon departure anymore? But PTO that had been used but not accrued is subject to repayment? Seems like the worst of both worlds on the employee end. Would be better off switching to unlimited PTO at this rate.
HRA Accounts
How much money was BNYMellon able to absorb back from displace personnel with the HRA accounts. The amount has to be pretty substantial.
I feel so cheated
I work in a global team of about 7. I've always done pretty well during annual performance reviews, but as of the past year or so, I've really gotten out of my comfort zone, taking various stretch projects and I feel I've really built my reputation... — read more
RTO not met, layoff or firing?
Can anyone tell me what happens if you don’t meet the 3 day in office requirement? Do you get fired or laid off?
I feel I'm being laid off soon...
I may may be paranoid or my instincts are kicking in, but I feel like my manager is setting me up for a rif... Suddenly my directs are in meetings with my manager and I am excluded. I feel like I'm getting 'help' in the guise of a Teflon teammate... — read more
Scheduled vacation when layoff hits
I heard that there will be significant layoffs coming soon in my department with the jobs going to India. I’m scheduled for vacation soon. Does anyone know what happens if you are on vacation when the layoff hits?
Cheeky statement RV — “Our “ India” people drive BNY Mellon forward”
Our people drive BNY Mellon forward, and we want them to feel a sense of purpose and belonging in work and in life. One important focus is creating an environment that’s both high-performing and human – so we all thrive together. With a stark rise... — read more
Job market
Anyone else struggling with finding employment?
Thrive together or depress together?
With layoff happening every quarter, what do we even by this principle of "Thrive Together"? We know every company goes through this but doing this every quarter? Is that really what will power our culture?
So would I be under performance for not working OT?
So I recently joined the bank, I’m non exempt employee, which means I need to be paid for over time. But I never report OT, since I feel like my manager wouldn’t like that. And my manager works nonstop. I mean I’ve seen him replying emails on Sunday... — read more
Signing bonus clawback
I am in the process of leaving BNY and I have been employed less than 12 months. My contract states I must pay back the signing bonus after receiving written warning from the bank. Has anyone had experience with this. Does BNY send written warnings... — read more
Stay Away From This Company if it's the Only Correct Decision You Make in Life
There is nothing good about this company. Even if you are currently a high performer, or you think leadership likes you, this is organization is a case study in how to not operate a business. Decisions are made not based on what's good for the... — read more
In office full time?
I heard people on my floor talking last week about how June that the Bank will require people to be in office 5 days per week. Is that true? Or is that only for certain departments and lines of Business?
Another RIF tomorrow?
I heard Director and above this week. Any truth to that?
Robin Vince CNBC interview
Pretty evasive when responding to the question about the use of AI and the future of staffing levels. He was specifically asked if that translated into a larger or smaller workforce. Straightforward question/evasive reply.