Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Too many people at the top don’t know the business.

I find half my day is spent customizing reports to a multitude of different managers that head departments they have less knowledge. They don’t know the clients, they don’t know the people in operations, and they don’t know the products yet these... — read more 

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| 11190 views | | 8 replies (last October 19, 2021)
Post ID: @OP+1dlsHarj

Consider everything... outside of BNYMellon

It's amazing how so many good people have been let go and poor managers continue to survive. As someone else pointed out, these managers are weak. They are afraid. They are "yes" people. Until BNYM hires real LEADERS, it will never be a top... — read more 

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| 12010 views | | 3 replies (last October 15, 2021)
Post ID: @OP+1djzTbpC

No sub pay for unvaxxed

You all do realize that when they terminate the unvaxxed people there is no sub pay or unemployment right? Make sure you have enough money set aside to hold you over until you find a new job. Stay strong and don’t cave in to the tyranny! For the... — read more 

Regretting taking time off

In one of the threads here someone hit the nail on the head by saying that most people refuse to take time off. This is what it looked like the last time I did that: I could hardly wait to take time off - - I finally took time off - - I kept... — read more 

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| 14370 views | | 6 replies (last October 14, 2021)
Post ID: @OP+1dgmJvfc

Basic technology at this company is insanely bad!!

It's simply unbelievable how bad the computing technology is at this company. The seemingly most simple things at BNYM are so hard, and they keep making it harder every day. Take remote VPN for example. The company uses pulse secure. This is... — read more 

Ireland Office Consolidation

I was on Dublin transport network this week. 2 seats in front I could hear a phone conversation...open discussion about consolidation of locations in Ireland. Senior person speaking openly about company strategy in a public place. This is the level... — read more 

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| 17710 views | | 6 replies (last October 22, 2021)
Post ID: @OP+1dbjSXYa

One year later

I joined BNY Mellon a year ago and it's nothing like I expected it to be. Minimal training, too high expectations, and lack of direction in my team are just a few things that stand out in my first 12 months here. I'd be looking forward to being laid... — read more 

I gave myself a deadline

After having to face crazy deadlines several times, this time I decided to give myself a deadline. I have less than three months to find a new job because I do not intend to work at BNY Mellon in 2022. If I can leave even earlier, that will be... — read more 

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| 18600 views | | 4 replies (last November 3, 2021)
Post ID: @OP+1d92wI29

COBRA

So I just got a letter today that my health insurance ended 9/30 and my COBRA coverage begin date was 10/1, but that I have until 12/5 to enroll. So did it actually begin 10/1? What insurance do I have while it processes?

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| 18220 views | | 7 replies (last October 10, 2021)
Post ID: @OP+1d9TI0Zr

When will the unvaxxed be axed?

Nothing further has been said about the date the unvaxxed will be fired. Everyday is a waiting game waiting for the call. I wonder what percent of BNY is vaccinated vs unvaccinated. How many people will be fired? It will work out good for the bank... — read more 

Work from Home Extended Through End of Year

I'm glad it was extended but concerned about going back. We seem to be following whatever Wells Fargo is doing. I feel like they're doing this because people are leaving left and right but I am concerned that once everything "settles down" we will... — read more 

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| 22310 views | | 8 replies (last October 3, 2021)
Post ID: @OP+1d6ELqyx

Federal TAA for jobs moved to India

Does anyone have any details on why some of these applications are approved and some aren't? Is anyone getting any federal benefits for having your job moved to India? https://www.doleta.gov/tradeact/petitioners/taa_search.cfm

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| 21460 views | | 3 replies (last October 1, 2021)
Post ID: @OP+1d69W3MC

COVID shots

Thoughts from those of you fully vaccinated and still got COVId. Interested with how it will play out for RTO seeing they think the vaccinated have a super shield around them

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| 23290 views | | 23 replies (last October 5, 2021)
Post ID: @OP+1d47B8e6

Place your bets..

Are we headed back in on 11/1? Or does Todd do the right thing and we head back in next year?

prediction todd won't be ceo this time next year

he's a good steady hand for covid but to survive the sl------r you need a nimble ceo that can flow flow between finance and tech the way you put your pants on in the morning seamlessly. i like todd but he's gotta play some offense too. defense is... — read more 

Inorganic Growth

After the announcement of the State Street’s BBH acquisition, I wonder if our leadership should've thought more about inorganic growth? Opinions of some close colleagues are divided on whether Mellon should currently add scale to bank through... — read more 

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| 24510 views | | 5 replies (last October 6, 2021)
Post ID: @OP+1d239UXS

There's no point

No point in trying and certainly no point in giving it your all. We are all seen as replaceable by the management, especially if our pay is on the higher end. There are plenty of people who'd work for significantly less looking for a job right now... — read more 

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| 24570 views | | 2 replies (last September 27, 2021)
Post ID: @OP+1d2S3PjI

Congratulations State Street!

I hope BNYM is your next target and all the obnoxious, self -servant aholes who work for BNYM see how it feels to get their walking papers

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| 27780 views | | 5 replies (last September 29, 2021)
Post ID: @OP+1d0x5nOD

Unprofessional workplace

Is it just me or is this really one of the most unprofessional workplaces you’ve worked at? I had high expectations before I came here and therefore my disappointment is even greater as it turns out that the small bank I previously worked at was... — read more 

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| 28930 views | | 6 replies (last September 28, 2021)
Post ID: @OP+1cZOx2WK

Employee attrition / layoffs at pershing?

Pershing departments has been going through an internal organization reshuffle and it will be interesting to see where people land who gets to stay or gets let go. One thing is Pershing has made a mistake to promote people managers without having... — read more 

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| 33280 views | | 7 replies (last October 9, 2021)
Post ID: @OP+1cY2EpYd

People don't want to work hard for free

When a company shows respect for their employees that helps boost employee morale. I don't think people mind working hard but they do mind working hard for free. Who doesn't want to feel like their hard work is being recognised or appreciated??!... — read more 

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| 30820 views | | 16 replies (last October 12, 2021)
Post ID: @OP+1cYhx9aG

I was disappointed

The last time we had layoffs I was disappointed that I wasn't picked. It sounds awful and I know there are people who were laid off who'd give anything to still have their jobs, but that's how I felt at the time. It makes me sad that this bank has... — read more 

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| 29731 views | | 4 replies (last September 28, 2021)
Post ID: @OP+1cY2Kysz

A Looking Glass of the Bank

https://www.inc.com/marcel-schwantes/5-traits-that-will-instantly-point-to-someone-with-bad-leadership-skills.html Reading this, I instantly thought of Bank of New York Mellon and my old division. So glad I no longer work here. Employees here... — read more 

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| 27660 views | | no replies yet
Post ID: @OP+1cY1mwZJ

Too much hate

I'll grant you, this is not the best place to work but does it really deserve all the hate it gets here? People seem to get too involved with their places of work and expect too much. You do the work, you get paid for it, that's it. I don't expect... — read more 

Too Much Management leads to Inertia

The ‘bank’ has too many managers who are not actually managers. They are a waste of money whose sole purpose is to take credit and place blame and to make sure their names are brought up in a negative light. It’s a sick culture. — read more 

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| 34410 views | | 7 replies (last September 28, 2021)
Post ID: @OP+1cTanqWa

Giving way more of our money

I see we just "invested" $3,000,000 in Optus Bank as part of the treasury financial agent Mentor-Protégé Program. This is after giving away $20,000,000 for the educational and workforce development programming in underserved populations of New York... — read more 

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| 36880 views | | 10 replies (last September 22, 2021)
Post ID: @OP+1cRUIrYE

QA Analysts targeted

if you're a manual tester be warned. either update your skills to be an automation tester or you're probably going to get canned in the very near future. senior management is trying to make everyone an engineer across the bank.

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| 36080 views | | 3 replies (last September 19, 2021)
Post ID: @OP+1cRWoRX0

Sh1tcanned

BNY is a cost cutter. Outdated and no growth so cut higher paid (older) employees. It is essentially Amtrak. The government needs it to run but unwilling to pay. Similar to hitting a pothole, the road still works but not going to pay to fix it... — read more 

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| 41420 views | | 3 replies (last September 15, 2021)
Post ID: @OP+1cON0BSW

Layoff got re-strategized

Folks Bank is not looking how employees are being rated., it's randomly picked! What a blow to those who gang up to protect their favorite child. If you are making below 100k a year and worked more than 5 years, you might be safe. Because bank can’t... — read more 

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| 42680 views | | 5 replies (last September 26, 2021)
Post ID: @OP+1cNo0Mbh

Please Help...SUB Pay

I have searched for this topic and I can find nothing as I can only go back so far. I am so confused. Whoever has had to deal with this can you please let me know what I should or shouldn't be doing solely based on your experience and if I really... — read more 

Everything is wrong

So many things are wrong at BNY Mellon these days, from no opportunities for growth to extremely long hours to lack of proper raises and bonuses. Layoffs are always on everybody’s mind, which is affecting morale drastically. Everybody who can leave... — read more 

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| 45830 views | | 6 replies (last September 12, 2021)
Post ID: @OP+1cK3L5pE

To those who were told that their job was eliminated

I see that some have been told that their job has been eliminated. It must be really stressful but I'm convinced that most of you who are let go will find a much better job. Short term stress for long term good. What interests me is did you have any... — read more 

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| 46410 views | | 9 replies (last September 16, 2021)
Post ID: @OP+1cKLCqIy

Financial services employees need to organize!

The FS industry has been enabled with greed, unscrupulous practices, shady products, etc. because employees are afraid to speak out and lose employment. In return, they are treated poorly, particularly in the US with it's employment-at-will practice... — read more 

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| 49540 views | | 18 replies (last September 13, 2021)
Post ID: @OP+1cHiQOt8

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