Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

RAISE!

after waiting 6 months to finally get my raise which I was told about six months ago, I check my paycheck and it’s $29. Won’t even offset the amount of gas I will be spending commuting unnecessarily back to the office beginning in Sept. thanks... — read more 

RTO !

The Covid-19 curve in the US is rising again after months of decline, with the number of new cases per day doubling over the past three weeks, driven by the fast-spreading delta variant, lagging vaccination rates and Fourth of July gatherings... — read more 

Akash, the bully

Did someone ki-l the original thread? Everyone knows it’s true. And he’s told people how much smarter he is than Todd.

September 7 - typical day

Get in the building at 8 am. Badge doesn’t work. Have to deal with low IQ security guards who can’t say your name correctly who yell at you because you went the wrong way or to the wrong elevator. You find your new seat and it smells bad because... — read more 

Propaganda.

Surprised…. It’s 10:14 am and only now received the first diversity email of the day.

Core Team

So Asset Servicing has a new team which includes teams moving to India. Anyone know more about this? Sounds like the beginning of the end

Rush to RTO

This was taken from another thread - sharing here because it's on point about why CEOs are pushing everyone to return to office. * To increase their personal earnings, they need to make their corporation look better. So you're spot on... — read more 

Always catching up

I guess BNY Lemon is still in the rat race fighting to reach that 1st place in the world of Banking industry. They are just running and trying to jump on the bandwagon where the other banks have already won a medal .In the race where Big Banks like... — read more 

I walked away

I've had enough. I never thought I'd quit a job before but this is where I'm now. I gave my two-week notice and I feel like a huge weight has been lifted off my chest. It feels good and liberating. Now I'm just wondering why I didn't do this sooner... — read more 

Investment Management CMO

Blimey, how stupid do executives have to be to not get rid of this woman? There is one person who protects her, and you have to ask yourself why. She has laid off anyone who has had the courage to speak up about her incompetence or complain. No one... — read more 

WFH feedback

MySource is open for feedback. Please check out the existing comments and add your thoughts to have voices heard. If you disagree with the "flex" approach then give the article a 1 star rating!!

Change, change, change

Everyone is talking about the change and transformation that BNY Mellon needs because it is “stuck in the past”. I agree somewhat. What I resent about the proponents of the great aspiration for transformation is that they never say how they envision... — read more 

Pittsburgh Elective Work-in-Office Pilot Program

Does anyone actually believe that the company has been "seeing increased requests from staff members who would like to work in the office" I don't know a single Pittsburgh employee that wants to return to the office in September so I find it hard to... — read more 

Poll - Returning to the Office

Up vote if you plan to return to the office as instructed. Down vote if you won't be going back. Feel free to comment with your reasons why for either.

WHIL Session - Set Healthy Boundaries

Has anyone in upper management actually listened to any of these WHIL sessions? The narrator of the session just informed me that the following is a healthy response to my manager. I'm not comfortable taking on the additional responsibilities... — read more 

Incompetent? Or is there just no leader?

What I resent the most about those at the top is their lack of direction. I would not dare to say that they are incompetent. They certainly are. However, they are not leaders. And leaders are exactly what BNY Mellon needs. Working under people who... — read more 

Todd's Pancake Act

Our CEO started out proposing five variations of WFH arrangements. Made sense. Showed initiative. Made us one of the first financial firms to put something progressive on the table. He really sounded like he could be an actual leader. But... — read more 

It’s our fault

The reality is, until employees quit working extra hours, taking “promotions “without extra pay, continue to make themselves available morning, evening, night and weekends, management is going to continue taking advantage & treating us this way… With... — read more 

EC is out of touch

Meanwhile, EC is out of touch. Using an entire conference room as a personal office is not nearly the same experience as employees. Try being at an open desk all day on client meetings and dealing with clients telling you they can't hear you on the... — read more 

TEAMS SHOULD HAVE A SAY

Managers should get to decide or have a higher say in what works for their team as the EC has ZERO clue the day to day life of most of the company. If a manager thought an employee wasn’t producing the expected level of work - that’s a performance... — read more 

Todd laying blame on Managers

Todd's email lays out that managers are incompetent.l and employees are not trustworthy. He says "complicated for our managers to oversee which employees were where, and when". Hey Toddy, with unassigned seating, are managers to roam the floor... — read more 

Pay Increases

I just recently got a promotion but was told my raise won't start until April?! What is this all about? I'm assuming it's not retroactive, but seriously how can they give more responsibilities and a title change with no change in pay for a year...

Ireland to lose 35%?

Will there really by a 35% headcount cut? Sit tight folks and wait for the redundancy. Use the head despite your heart telling you to leave. Almost there.

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| 24280 views | | 2 replies (last July 9, 2021)
Post ID: @OP+1bH1xOTm

Why did you decide to go to the competition?

If the general consensus is that all the big banks share very similar problems, then why are more and more of my former colleagues from BNY Mellon moving to the competing bank I am in now? With all due respect to my previous workplace, but I think... — read more 

BNY MELLON (BTS OPERATIONS)

It does not pay to do a good job at BNY, because then all management will do is give you 7 other jobs in addition to the one you were hired for without any substantial raise and without any kind of promotion. This is a horrible incentive and ki--s... — read more 

Next Layoffs?

Does anyone know when then next round of layoffs will start? Prior to the no-layoff pledge in 2020, BNYM had quarterly layoffs. Also, how do they determine who to layoff? There are so many poor managers that contains to reign and so many good people... — read more 

Return of the Garlic Manager

Despite excellent performance (by their own admission) while staff worked 100% from home, now that the pandemic is winding down, they are back to power games to make sure the help understands they are ‘just barely tolerated by management’. “The... — read more 

Gratuitous hostility & rudeness - why??

I realised that most people around me are gratuitously rude, hostile and unreasonable. The thought of having to deal with them working from home gives me anxiety….I don’t even want to think about returning to the office and having to deal with the... — read more 

Afraid to go back to NYC

Shortly before everyone had to start working from home, NYC eased up big time on criminals via bail reform. Now crime has skyrocketed. Kind of nervous about going to the city and getting attacked on my way to work.

They’re all the same

In my opinion every financial institution has the same problems just in different amounts. For example, there is very little transparency, a lack of vision/clear direction and most importantly - top heavy. You can trade one company for another, but... — read more 

How hard was the decision to leave?

I'm not feeling good here anymore. I used to be proud to work here but now there are many things I don't like at BNY Mellon anymore and I don't enjoy my job very much anymore either. I've been thinking about leaving for a long time, but I hesitate a... — read more 

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