List dates for promotion/bonus/pay raise/layoffs Stick to the topic and truth only
Wilmington DE location
Does anyone have any info on the Wilmington DE location? We've seen it go down from 3 buildings to 2 buildings and as of 3/31/24, we will all be in just 1 building. I know they had the buildings up for sale but I don't know the status of that or... — read more
January 8th
Layoffs are coming
Eagle investments layoffs
I’m a software dev . Are layoffs going to affect eagle investments ? It was communicated to us not to expect the bonus and raise for this year. Any info on this
The following things doesn’t make any sense
GS let go RV and now he’s our CEO why would we need to hire an ESG individual expansion on WM
More layoffs in January
More layoffs coming January - rumors of between 5 and 30% in US Growth Ventures . Is this true?
Senior mgmt
They seriously must be blind to the mess they are making with this company and the turn over in between them letting good people go. It was never like this a few years ago and it’s terrible. Everything you could do to discourage employees from... — read more
This company's behavior regarding its 401K has been disgraceful
Employees missed the benefit of a very strong market throughout the year on the matched portion of their contributions. Remember that BK reduced and then eliminated the pension, and offered the 401K as way to save money while still providing some for... — read more
Salary Bands Manchester
Does anyone have the salary band for grade J in Manchester, UK. I am on 40K and I'm presuming that must be low for the band. If so, does having a low salary in the band compared to your team members reduce the risk you will be let go or not make... — read more
Bank of New York Mellon Layoffs 2024
Do you predict that there will be Bank of New York Mellon layoffs? Any chatter, news or rumors?
Raise dates
When are the raises communicated and when is the date effective?
growth locations
Is it true that eventually BNY will move most tech jobs to Florida/India? Will there be many more layoffs coming?
RTO mandates did nothing for productivity
Employees were right all along. https://fortune.com/2023/12/26/return-to-office-mandates-no-productivity-impact-experts-predict/?itm_source=parsely-api
When do we get our 401k match?
Sorry if this has been asked before. But when will we see the company match in our 401k account?
Unemployment is near record lows. Best time Otto job search since 2016
https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm
January 8th is the big layoff
Everyone should prepare. If you’re not in the inner circle of GS and JPM you’re out.
2023 was just the beginning
I'm betting you that next year we'll see even more layoffs. The management has now figured out they can improve numbers without trying too hard by cutting employees. Considering they are incapable of getting better results the usual way, they'll keep... — read more
Year End Review
How do you know if you have met, exceeded, or fallen below expectations. I'm finding the format of the review confusing.
Pershing layoffs
Heard of some Pershing director level layoffs or “year end retirements” today. Can anyone confirm ?
VIP recognition email
Did everyone get VIP recognition emails today?
Why work for a company you hate?
Wouldn't many of you be much happier to find a job somewhere else? This is an honest question. If I hated this place as much as some of you do, I wouldn't be here anymore.
Bonus Announcement
Anybody know the day/week managers will communicate bonus?
Salary Band
Can someone please share this information if you have it?
Why Year End Review not yet released
Oct 25 was the last date to communicate the Year End review/rating to team members and Dec 15 was the last date to submit and close it by team managers but neither it is communicated not submitted. Is this normal here? After doing soo much of work on... — read more
Layoffs in KYC??
Hello, I was wondering if there are any rumors about layoffs in KYC? I sort of wonder if my manager might have hinted at that recently. I am based in the U.S. Although, since KYC is the first line of defense, it seems to me that it would be more... — read more
What is with Wealth Management
What is with Wealth Management? Hearing rumors there was a big quit in their Tampa office now.
Don't expect to see a slowdown in layoffs any time soon
So much for a soft landing: Nearly 40% of companies are still expecting layoffs in 2024 2023 saw the job market slow as well as the rise of the “quiet job cut” (counterpart to quiet quitting). And now, as 2024 rolls in, business leaders are... — read more
Beware of Voya if you're terminated.
So my job was "eliminated" a few years ago just as I turned 55. I had a couple million in my 401(k) so I decided to not quit the hustle and bustle and was living off savings the last few years while I converted some of my 401(k) to the ROTH 401(k)... — read more
TS is bringing the bank down
What a clown of a department
Layoffs and Bonuses
Hi, if I get let go in dec-January do we still get our bonus for 2023 since you worked the whole year?
Layoffs on dec 18th
Has anyone heard anything about layoffs on December 18th?
End of Year Promotions:
How Hard is it to get promoted at the end of the year? Is it typically performance based or decided by Senior managers?
Bonus timing
Is it February still?
There is a HR ja----s trying to downvote and sc--w up real comments .. just like glassdoor .. they are trying supress real views
Whenever there is a negative comment - immediately someone pops up with an positive comment without any real content. Just like glassdoor this forum is becoming time waste.
BNY Mellon to Expand Presence in Lake Mary
https://finance.yahoo.com/news/bny-mellon-expand-presence-lake-135900252.html Our "leaders" are going to spend tens of thousands of dollars to lay off an employee in Syracuse or Pittsburgh and tens of thousands more to find a replacement in FL just... — read more
A question regarding layoffs
Are newer hires eligible to receive severance during layoffs? People who have been here for under six months? I left a good job to come to BNY Mellon but with the constant threat of layoffs, I'm thinking I made a mistake. I hope that I'm entitled to... — read more
Met Expectation
I worked my a** off this year and received a met expectation. Anyone else have a similar situation?
State Street 1500 layoffs
Are we next for another round? Seems like they are ramping up their Indian operations.
RV, Failure is NOT an option
It’s business. You all know that. We’re a bank and attempting to be a technology company. Kinda weird right. The dude came from GS. He’s here to make an impression, clear the fat, make it lean, pump the stock, and then after all that move on to... — read more