Will he survive RTO pushback, layoffs and downsizing plan!

Does anyone disagree? I can only speak from my experience in Asset Servicing, but BNYM's business model reflects more of a commodity than a service. What can they really add to the table that separates them from competitors? Custody - most of it... — read more 

The firm used to be solid. But it has taken a major turn for the worst. Senior management has no direction or real goals. Robin Vince is purposely destroying the very fabric and culture of what use to be a great place to work. Expect layoffs to be... — read more 

When can we expect some peace and quiet? My team can barely manage the workload since recent layoffs. Too many people are gone. As if that is not stressful enough, I have to think everyday if I am the next on the chopping block. Worse, I am convinced... — read more 

The perfect merger candidate for Goldman has long been Bank of New York Mellon. https://www.theinstitutionalriskanalyst.com/amp/goldman-sachs-bank-of-new-york-mellon

https://www.pymnts.com/legal/2024/ssc-disputes-data-misuse-damages-and-asks-889-million-from-bny-mellon/

Can someone let me know if I’m missing anything? A new forced 30 day (+) leave notice period in the U.S. for anyone VP or above they no longer match 401k with each paycheck and make us wait a year (losing out on any dollar cost averaging and if... — read more 

Has anyone resigned recently and had the new company somehow (via signing bonus) compensate you for the unvested 401k and BK shares

How long did it take for everyone? I’m still waiting

How many is this now? Paid $714MM in March 2015 Paid $180MM in May 2015 Paid $12.5MM in December 2018 Plus millions of dollars more in other cases, now the below. Heads should roll at the top, whose watches these occurred under. Then maybe people... — read more 

To the individuals previously let go, how long did it take to find another job?

Are you directed on who to lay off? Performance based, I get. But my friends who were laid off today were the opposite of slackers. Our department is already overworked. I don’t get making the move, just to make a move. How is who goes decided? — read more 

For agile flex, is it November 27th to February 24th?

Doubly sc--wed - I received nothing. This is suppose to reflect 2023 accomplishments but left up to wicked POS managers to decide what you receive.

https://www.bnymellon.com/us/en/about-us/newsroom/press-release/bny-mellon-and-microsoft-forge-strategic-alliance-to-expand-leading-capital-markets-data-&-analytics-platform-130373.html Seems like a strange alliance since we axed most of our MS... — read more 

Did the bank let you work out your notice period or were you asked to leave immediately? I know some groups used to ask you to leave immediately if going to another bank.

Rumors are circulating about some minor cuts next week. Does anybody have more info on this?

Are you allowed to retroactively submit in office exceptions? What is the official policy on retroactive time submissions

Has anyone ever chosen not to be put on a PIP but rather decided to leave? Only to be told you can no longer apply for any BNY Mellon or their affiliates positions in the future?

If any senior managers or EC or People Team or Robin are trolling this board - please note that your employees SHOULD NOT have to be getting their policy interpretation from a ‘gossip’ site like this. You need to write your RTO (etc) policies and... — read more 

I noticed on my first sub pay, as expected no 401k deductions, no HSA deductions, no social security deduction, etc. BUT there is no money taken out for benefits. Shouldn’t there be. I emailed the separation email and have not yet got a straight... — read more 

Filed for Mass unemployment on Jan 22. Did everything I was asked to do. How long before you receive the first unemployment check?

Why is the dashboard not accounting for all in office exemptions? Anyone have that problem?

Did I hear it wrong? No. Emily P really called layoffs “culling the herd”. She said it many times during her Pittsburg town hall. That’s all they think of us. Cattle. This co has lost the plot. Time to revolt

Bonus and 401k match posted, time to leave? Give an up vote if you agree.

Why would anyone think that constantly changing jobs, and living in fear of losing your home/savings/health insurance is somehow good for you? Makes you stronger, or what? Nope, it just makes you stressed, a state which takes away from everything... — read more 

Anyone know why, how and where is this platform operating model idea comes from? I am hearing from our team it will be implemnted in February, and it will be huge changes on the way we work and operate. Comments?

https://www.pershing.com/content/dam/pershing/documents/pdfs/perspectives/driving-forward-an-interview-with-sareena-dalla-brookshire.pdf What does this joker did so far? Anything useful on the Product Vision?

Filed for unemployment. Now they want to interview me and the sample questions seem odd to me. Why were you let go? Did you know you were going to be let go? Can I work? That last one ki-ls me. (Why yes i can but my company let me go and is now... — read more 

I know the vesting period is 3 years, but is it 3 yrs from from your first day? So if you started July 1, 2021, after July 1 2024 your 401k contributions from BNY will be 100%? Or is it full year? Ie Jan 1 2025?

The most recent file I have is effective from June 2015. Does anyone know if the numbers have been increased since then? Knowing BNYM, I’m guessing they were decreased.

Brace yourself, 5% across the board

Is anyone else having discussions with managers about RTO? Today we were informed you have to be in 60% of “days available”. Whereas we were originally told, “holidays, vacation, sick time, work from anywhere” etc counts towards your required 12 days... — read more 

any specific date? they sure are taking their sweet time, not surprisingly

How true is the whole IP address tracking while in office? Are we being tracked by a specific amount of hours logged in the network or is it all a bunch of BS.

Saw a comment about new RTO being announced in Feb, 3x/week, all current remote employees being forced back in? Anyone have more details? For Woodland Park office closure and now reporting to Jersey City by July, will those >50 miles be allowed... — read more 

Don't get me wrong, the anti-remote work fiasco and the high layoffs during his time here made things stressful, BUT, he played the villain pretty well. Everything bad could be traced back to him and it was something to bring us all together. He... — read more 

Why do HR take so long to answer simple questions regarding the separation document