Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Key Dates

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 

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

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 

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 

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| 4080 views | | 1 reply (January 8, 2024)
Post ID: @OP+1qlX1CTb

Raise dates

When are the raises communicated and when is the date effective?

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| 5340 views | | 4 replies (last January 2, 2024)
Post ID: @OP+1qjM9KQP

growth locations

Is it true that eventually BNY will move most tech jobs to Florida/India? Will there be many more layoffs coming?

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 ?

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| 7930 views | | 7 replies (last January 7, 2024)
Post ID: @OP+1qaQ0ZRc

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.

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 

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| 7440 views | | 8 replies (last December 21, 2023)
Post ID: @OP+1q9hjmbB

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 

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| 8160 views | | 6 replies (last December 20, 2023)
Post ID: @OP+1q8CuRtH

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 

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?

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?

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| 9510 views | | 9 replies (last December 15, 2023)
Post ID: @OP+1q3sIG4b

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 

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| 10630 views | | 19 replies (last December 18, 2023)
Post ID: @OP+1q2hn3Wq

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 

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| 8690 views | | 4 replies (last December 12, 2023)
Post ID: @OP+1q2dPAbh

Met Expectation

I worked my a** off this year and received a met expectation. Anyone else have a similar situation?

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| 11560 views | | 26 replies (last December 20, 2023)
Post ID: @OP+1q1JwfKU

State Street 1500 layoffs

Are we next for another round? Seems like they are ramping up their Indian operations.

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| 10110 views | | 6 replies (last December 13, 2023)
Post ID: @OP+1q0HOCzz

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 

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| 10020 views | | 9 replies (last December 11, 2023)
Post ID: @OP+1pZdZlHJ

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