Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Corporate Communications: Lake Mary

Released on June 7, 2023 BNY Mellon announced the lease of 600 CCP in Lake Mary. As a result all employees at the Orlando Office will be forced to relocate by February 2024

Here is a hint towards success

Your career isn’t based upon your current employer, your career is based upon your attitude, your work ethic and your drive to better yourself. The best thing to do is to adopt a risk taking mindset. A woman who worked for me once at a different... — read more 

Employee Tracking by management

How are employees being tracked except the swiping of badges at door? Lately we are hearing lot of software's being installed in the system without employees being told that they are being tracked in a particular way. Anyone who can shed some light... — read more 

Air quality

Can we say cr-p communications when is in central Ny have been in the hazard zone for the last couple days with yesterday being highest. Headaches, coughing and eyes burning yet hey business as usual . Who cares if you get sick getting there

Peakon - BNYM cares about our health

Had this question on the survey this week... NYC has the worst air quality due to Canadian wildfires and authorities are saying to stay in doors. We still need to come to office for RTO though.. BNYM cares about our health so much. We all need to... — read more 

Team members

how many people on your current team do you feel pose no value ?

Market conditions

I'm happy for those who find a better opportunity and leave this, but honestly, it makes me very depressed that I can't get anything better myself. I believe less and less that I will succeed at get a better opportunity, at least not before the... — read more 

RTO isn't just a 'return to what it was'

For hundreds of people in the King of Prussia, PA office, it's a return to an office in a DIFFERENT CITY (Wilmington, DE). For many of us the commute went from 15 minutes to nearly over an hour when typical traffic is factored in. Many people... — read more 

Lighthouse

Anyone else sitting on these calls about your process being more automated only to hear random teams talk as if they know your process, know the business related to it and talk as if they’re taking your process completely? I don’t even get asked... — read more 

This is all they know

When you can’t figure out how to actually grow the business, the only way make their numbers is by cuts. Too bad the regular employees will suffer instead of who they should get rid of: the overpaid and useless middle managers. This is 100 percent... — read more 

Warning Email

Emails going out starting today from corporate to employees not in compliance with 3 days a week in office just in time for mid year reviews.

Downtown Pgh

https://pittsburghquarterly.com/articles/wake-up/ For those of us collaborating around the PIttsburgh water cooler, this is what we get to enjoy

Changes for the better

Does anyone expect them anymore? What was once a great workplace is now a shadow of the former.

Fraud Contractor Hiring - Husband and Wife

A manager has hired 2 of his distant relatives (Husband and Wife) as contractors to work on same project. They are from same vendor, they never show up at office and being paid the highest top dollar. No one seems to know what they are working on... — read more 

60 day notice period

How enforceable is it when you give notice? It’s in the contract, but are you tied to staying the entire 60 days once you say you’d like to resign or case by case in how decent your manager is?

Our opinion is irrelevant here

I totally understand people's complaints because they think that coming to the office is a waste of time in most cases. Venting is sometimes necessary, however, do our complaints change anything here? No. I don't recall leadership ever taking... — read more 

Keen to move on- Advice please!

I'm considering new career options in the financial industry. I'm on the hunt for a company with a good reputation as a great employer. You know, the kind that genuinely cares about their staff and creates a positive work environment unlike my... — read more 

RTO Policy

Is there an official policy? I hear so many different things. For example we were just told that holidays do not count as in office. This is in direct contrast with what we were originally told. The real problem is that as an employee you have no... — read more 

Morale is severely lacking

The staff has been cut too many times in the past 12 months and morale is severely lacking. We are always waiting to hear if we will get laid off next. If we only had a long-term plan that showed us the bank was committed to us, things would change... — read more 

Could it be?

Is RR finally on his way out? And what about the rest of his “innovative” team?

Drive to replace older workers

They are being careful not to commit anything to writing (for obvious reasons), but the writing is clearly on the wall. RV sees this as a key part of his legacy. It's their prerogative, but they have to tread extremely carefully to avoid age... — read more 

Elon Musk - what a clown

He goes on a tirade about how it’s immoral for people to use services that require workers to be in the “office” while at the same time expecting to WFH. If he’s suggesting that workers are treated equitably in working environments then does he... — read more 

Left because of RTO

I wonder how many people left because of RTO. I don't think there were many though?? I also wanted to leave but I couldn't find a full remote option that suits me better.

Let go for non compliance to RTO

Does anyone have any info on people being let go for non RTO. From what I'm told they recieved a flat 12 weeks not 2 weeks per year. As I understood non compliance was to effect your performance review negatively 1st. From what I'm told they were... — read more 

NYS sick time

Anyone seeing a major issue with this? It’s constantly the same people calling out and even if you know they’re laying on a beach somewhere as long as they say “ I’m sick “ mgmt cannot do anything until they’ve used all 13 allotted days. Meanwhile... — read more 

Filling reqs

Anyone else see a major lag with this nonsense? Now they’re trying to save money so are purposely not filling them quickly to save money each money. Makes great for being short staffed with vacations approaching . More genious ideas from up top — read more 

Following RTO rules

Just out of curiosity - does it seem to you too that there are lots of people here who do not follow RTO rules?

Robin

RV is wall street guy and his hires. They will never understand BNYM and have no intentions either. They are nit Gerald Hassel,Todd McGuinn,Frank Cahouet. These came up the ranks. Kelley,scharf, now RV will sc--w up big time, getting the golden... — read more 

The noise

How does anyone up top think in office is beneficial ? I get way more done at home when I don’t have to read an email 5 times because of all the office noise and constant chatter. Some teams don’t stop yapping from the time they get in until the time... — read more 

Think like an owner???

If I was an ‘owner’, I’d want a new board of directors and top level. Considering this company is stagnating for decades. Clorox bleach had the same share price as BNYM in August 1999. Both are earth-shakers, but in that time clorox has quadrupled... — read more 

Mass layoffs coming

Too many new young people hired. Also leadership from BB. Deposits and stock tanking. Update your resume. FEB will be baaaaad.

Warren Buffet buys Capital One, Dumps BNY Mellon

Source : Investopedia https://www.investopedia.com/warren-buffett-buys-capital-one-dumps-bny-mellon-7498577 It was due to buffet Shares was distributed among all the Employees in February. I took it as a Red Flag and knew this was coming . It makes... — read more 

There goes Buffett

Berkshire Hathaway sold it's remaining BK shares. Must be they're sick of watching us try to grow by firing our biggest asset and hiring offshore replacement. Or maybe he's just sick of sitting around waiting for profits to increase like we've been... — read more 

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