......badge swipes As a senior manager I am being told to consider potentially laying off the people with the least badge swipes regardless of their productivity. BNY is now a Laverne and Shirley company

I have a lot of complaints too because this could be a much better workplace, but I think some people are very much exaggerating…. Do you really think the grass is so much greener elsewhere? If we're going to be honest about it - not really…

They shove their disgusting woke political messaging down our throats while implementing Elon Musk business practices

Fed working weekends to bail out those 186 failing banks .What's happening behind those closed doors ? Obviously, they are not discussing Sports or entertainment. I hope things are getting sorted in the backend , else Big Banks BNY have to come out... — read more 

@OP No, it’s really not a business plan. But it is what bad management does when they can't increase revenues. Thats why we all have multiple CEOs and MDs and COOs. It’s a plan to drain all of the wealth from the many to the few. Do you think... — read more 

I know I'm preaching to the choir, but it's easier said than done. I've seen people work around the clock, dedicate too much of their life on a project, etc to fulfill some request that some higher up wanted or some picky client wanted only to end... — read more 

Sincerely, WF employees

That sustainable spin is for shareholders and wallstreet. This going into the office for no reason is more about egos. Management just making sure you know who is the boss and who is the replaceable peon. Copied from @rys+1lK9mwBQ. Their... — read more 

Has the new Head of Operations from JPMorgan Chase come to BNYM yet? You would think clients would wonder why the Head of Ops role has become such a revolving door. I've lost count ... am I missing someone? That's a lot of names in a very... — read more 

The irony of being lectured during a Town Hall about reducing carbon emissions while also it being insinuated that we’ll need to be in the office more often…

Check those Fidelity accounts, lol!

If you’ve been here for one year and got laid off. How much severance did you get? I know it’s one paycheck per year worked but i heard there may be a minimum amount (3 months i think?) that you get paid.

Uninsured Deposits by Bank: BNY Mellon, $BK: 97% SVB, $SIVB: 94% State Street, $STT: 91% Signature, $SBNY: 90% Northern Trust, $NTRS: 83% Citigroup, $C: 77% HSBC Holdings, $HSBA: 73% First Republic Bank, $FRC: 68% East... — read more 

Who the he-l does BNY Mellon think is gonna do the work in the future?! With all these damn layoffs, massive attrition rates, and barely anyone being hired anymore to fill the damn vacancies - who the he-l does BNY Mellon expect to do the work if... — read more 

Close Oriskany office, and reopen a small Syracuse location. Can’t have an office in the middle of nowhere. Stupid & biased decision was made in Jan. 2021 to close E Syracuse and keep Oriskany

A new academic study on 2023 bank fragility concludes that 186 U.S. banks remain vulnerable to a run on deposits that doomed Silicon Valley Bank, Signature Bank and Silvergate bank in the past week. The paper by four professors concludes that the... — read more 

Volumes have been posted here about the lousy leadership. There must be a few bright spots on the EC… leaders who are better than others. Who would those be?

Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, BNY Mellon, PNC Bank, State Street, Truist and U.S. Bank to Make Uninsured Deposits Totaling $30 Billion Into First Republic... — read more 

The bottom line: Companies looking for a reason to bring workers back to the office may find it in this piece. https://www.axios.com/2023/03/17/svb-employees-blame-remote-work-for-bank-failure

I hope none of you have been exposed to this side of the BNY sh&t show. The Jim, Emily and Ben show is comical. No clue.

Lot of whispering going around that BNY is looking to leave Oriskany. Several units are right now in the process of transitioning major functions to India.

Heard that Corporate will be mandating 3 days a week in office now and that they will be monitoring badge swipes.

Dribs and drabs. Actions in Finance, Ops so far. Maybe other areas too. Not a lot, nothing dramatic but some of these folks (and their team mates) did not see it coming.

Silvergate, Silicon, Signature & now Credit Suisse. Moody’s downgrades banking sector outlook, puts 6 on watch list ,warned it could similarly downgrade First Republic Bank, Zions, Western Alliance, Comerica, UMB Financial and Intrust Financial. The... — read more 

I agree with the title statement. BNY Mellon is taking strides 'to do the right thing'. They are never wrong.

I remember when I was laid off as a young man working in a completely different industry, and it was a major blow. But one thing I learned is that the job market is constantly changing and evolving, and you have to make sure you are adaptable to keep... — read more 

No problem here. Rock solid stick price same as 20 years ago

WM has always been a good spot to be out of all the hot garbage departments. But the current CEO has continued to run it into the ground. Our competitors are thriving, we are losing. Someone must have faith in her!? WM is littered with leadership by... — read more 

Silicon Valley Bank Collapses, Biggest Banking Failure Since 2008.Get ready for news on Monday Silicon Valley Bank, known for lending money to some of the biggest technology startups, collapsed on Friday sending investors and depositors into a... — read more 

Crypto… SVB …. Who’s next?? Welcome to the Tsunami

Its starting 4/13. Will be less than Jan. No word on impacted groups, HR finalizes list 4/12

Horrible leadership...internal promotions of 20+ year vets...accepting mediocrity...convincing us there is a culture...no communication...RSUs and CAKE!!!!! Connected.

BNYM is a low cost provider so their best chance is to win as much business as they can and build scale that way. The problem is that they’ve gotten too top heavy and are now in a situation in which they have to increase fees a lot and possibly... — read more 

Stop doing the bank any favors. Do your job, make sure YOUR tasks are all completed and everything else can wait. I feel sorry for those of you who are breaking their backs and for what? BNYM doesn't care about you and will get rid of you the first... — read more 

That’s the only product that has any scale. Accounting services, Transfer Agency, Outsourcing, and D&A are underwater for most clients. BNYM I don’t think will be acquired, but I would anticipate relinquishing a few products would affect thousands of... — read more 

I'm tired of people telling me to be happy and grateful I still have a job when so many people were laid off in the past several months. I don't feel particularly happy working for BNY Mellon at this point. Due to cuts, I have to do twice as much... — read more 

Hey all you “owners” looks like your $590 is now worth $500. We’ll done

All 3 CEO, CFO and CAO in EC committee are now from Goldman Sachs to form a Trinity in the Bank. Now is the time to strike a deal with GS as all the Stars and planetary position are in place. Now is the time to auction and sell the Bank. Let the... — read more 

Frosting a bit too sweet though