Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

They ignore low morale

Our leadership acts as if they are unaware of how low our morale is. How else to explain the fact that in many ways they try to lower morale even further? They obviously don't realize that almost no one is satisfied working here anymore and... — read more 

Stop working overtime

As long as the masses continue to run around like a chicken with their head cut off working extra time for nothing- . This treatment will continue.

Perfumes and masks

I really think something needs to be done about people who come to the office doused in copious amounts of perfume/cologne. It gives me headaches and makes me want to pu-e. I'm thinking these people should not be allowed to as--ult their office... — read more 

separation with severance

Has anybody successfully orchestrated their exit… Meaning, wanted to get let go, was performing, well, decided to purposefully, not care & therefore work less, resulting in less productivity, and They got let go and got severance I’ve been here... — read more 

Opt out of Peakon emails

Has anyone done it? There is a link at the bottom of the emails for “if you no longer wish to receive these emails”

The new low

Confirmed - directive from Robyn is to bring on new hires at one job grade lower than current employees in the Pittsburgh region. Current employees will train these new hires then will be let go as part of a cost savings initiative with a mass layoff... — read more 

Based at home designation under review

We received an email from our Head that they are currently reviewing folks who are "Based at Home". What does this even mean? Are other department heads sending same emails?

Future beyond control

Perhaps I am exaggerating, but very often I get the feeling that our so-called leadership does not know what it is doing, that is, that they have lost control over the situation here and the future of the bank. That's just my personal impression... — read more 

How?

I’m at my wits end with dealing with staff who cannot answer a single question about the job they’ve been doing for years. And yet HR didn’t allow these people to be let go . Zero asset to the team in every level

Is it really so easily possible?

I would like to hear your opinion: if a person gives their best, is dedicated to their work and adds value to the company, is it still possible to end up unfairly marked as "below" expectations? If so, is it possible to prevent it somehow?

EXCITEMENT

We can add pronouns to teams & now a $20 Uber gift card! What excitement. I feel like an owner!

PIP or go "just make sure they offer the go"

Buckle up it is PIP or go season at BNY Mellon. Coming to an office near you starting now through June. Apparently we don't RIF people anymore, we mark them below to meet a bell curve and then deprive them of a decent severance. Too bad our... — read more 

First Republic news

Who didn't see this coming? JPM buying First Republic. Another bad decision by BNYM executives to flood First Republic with money and now all of that is lost. I'm sure JPM appreciates the free money BNYM 'donated' as one of 11 banks that funded them... — read more 

Please stop the fake posts and comments.

If you are not an employee, please do not post and comment. If you are, be honest and respectful. From time to time I come to the site to hear from others but fir the last few years it is mostly fake stuff, or talking about people that were here... — read more 

WM CEO blames staff for weak growth

CK visits PGH, literally tells wealth managers that they are the cause of low fee and revenue number because they aren’t using enough BNY products and too focused on protecting client assets. Can someone remind her what being a fiduciary is?! Can... — read more 

Layoffs???

I guess the layoff front is quiet. Makes this ‘layoff’ site seem useless except for all the whining🚜

Pennington - Spill the beans

Have not been there, how bad is Pennington office? Please share. I got an email that they are reserving spaces now and ... "Pershing Compliance was made aware of employees snapping photos in Pennington of the hotel seating area to share with their... — read more 

Corrective action !

BNY Mellon warns staff could face ‘corrective action’ if they don’t return to office. Know the big game , Morgan Stanley analysts think commercial real estate is heading for something ‘worse than in the Great Financial Crisis’. Following the... — read more 

Markets are ignoring early signs of recession!

It is interesting to see how things are being sugar coated. The investors are careful where they want to invest their money, while at BNY everything's great. The quarterly earnings and how prosperous the Employees are. King Robin is in charge and no... — read more 

The Times Article - Return to Office

See the article in The Times (UK) today about return to office 3 days and corrective action. I can't see the full article as behind a paywall if anyone can share please let me know.

Mysource site

What is up with the hideous orange and yellow theme? Those are not our company colors. Is another merger or acquisition in the works?

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| 39940 views | | 14 replies (last April 30, 2023)
Post ID: @OP+1mfFSBaR

How is your work-life balance?

I loved my job even though I didn't have a particularly good work-life balance before. Lately though my balance has been increasingly getting worse and I've finally decided to leave. Expectations from employees are becoming too unrealistic.

No seats

Our dept doesn’t have enough seats now so they’re asking for volunteers to have their desk be a Hotelling desk, otherwise everybody’s will become Hotelling seats. Haha brilliant! Not enough seats. This company is run by id--ts — read more 

So why are you still there???

Like many other former long term employees, I check out this site to see what the current gripes are. Most of the topics are no different than the day I left the company, but of course there are always some new ways the company is trying to stick it... — read more 

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