Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Feeling energized by your job?

Recently, my colleague who was passionate about her job resigned because she completely lost motivation for both her job and for BNY Mellon. On the other hand, there are a lot of things that have also started to bother me a lot here, however, I love... — read more 

I don’t even know if I’m still employed

I am currently a BNY employee and was told that there is a good chance I won’t have a job here going forward. But They told me I might depending on how the year transpires. So essentially if I play my cards right I still might have a job (keep in... — read more 

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| 48830 views | | 4 replies (last April 22, 2021)
Post ID: @OP+1at6LmSe

Playing with people's lives

What's the point of hiring somebody just to lay them off less than six months later? Our team desperately needed help after many layoffs decimated us and we (shockingly) got it in October. The guy was young and had little experience but he was... — read more 

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| 50230 views | | 7 replies (last September 22, 2021)
Post ID: @OP+1atuJK9V

Do you manage to get enough rest?

When I describe to friends my work day here I can hardly believe how bad it is. However, it is no longer a problem that I spend my working day under so much stress and being overwhelmed with work, but that when I have a day off I simply can't get... — read more 

Why would you want to get a layoff?

I would very much like to go to another company, but not by getting laid off here so that then I have to accept the first option that is offered to me. However, there are a lot of people who have been telling me lately that they would like to get... — read more 

Severance package

For the people who were laid off earlier this month: what kind of severance did you receive? Is it the usual package or have there been any significant changes to it? I know that many companies have used this opportunity to cut down severance and it... — read more 

Don’t consider yourself safe

People who think their position at BNYM is safe are delusional. I know a few who think their years here will keep them from ending up on the layoffs list DESPITE it being proven over and over again that it’s exactly people like them (older employees... — read more 

I work hard and hope to stay as long as possible

Is there any way to try to keep the job without some unscrupulous backstabbing or brown nosing? When I read some of these threads, I get the impression that it is impossible to keep a job here just based on your hard work and even upgrading your... — read more 

Quick deadlines

The manager has been giving me work with ever shorter deadlines lately. I still finish everything on time, but now I'm starting to feel like he wants me to fail at finishing the work on time. If I keep working at this pace, I definitely think I... — read more 

Total Joke

Was let go last year because of the bs false BE rating that all managers “fight” not to give. True leaders won’t even think about playing these game, but the managers here use it as retribution to those that don’t “kiss their ring”. Best part of... — read more 

Stop blaming mgmt cause you’re a sh---y employee

I’m so sick of see constant complaints about mgmt. do you know how much c––p they have to deal with from people who are late constantly and can’t do a job they’ve done for several years. In top of it when something is messed up who do you the s––t... — read more 

Need a change

For those who have worked at major financial institutions, which one is the worst and which one is the best in your opinion? This is the first company I’ve worked for and I’m actually thinking of finding work elsewhere. Not because I think it’s a... — read more 

You are just a number

You’re a number. That’s it. If you are an all star, they will keep you. If you are not “innovative”, you are on a chopping block. Those are just the simple facts. I was axed 2 years ago, and will say that the grass is greener. The days of working and... — read more 

Why is everybody so terrified?

I joined BNYM about six months ago and I seem to be the only one on my team who is not terrified of losing my job. I swear, everybody is always scared and nobody dares complain or even talk to the manager. For the life of me I can't understand how... — read more 

Expenses increase in earnings note

What is this bs that "due to higher staff expense, due in part to the appreciation of our stock price associated with equity awards" As a company we are struggling and then again it reflects society - where the richer get's richer and poorer get... — read more 

Feeling guilty instead of BNY Mellon?

I can’t describe how I felt when the person that taught me how to do the job was laid off. Absolutely unfair. She deserved to stay at work more than anyone in my group. BNY Mellon definitely makes completely irrational decisions. I was put in an... — read more 

Those who have been laid off

Have any of you refused to sign their bs after being laid off and sought advice from an attorney? Yes we know any company can lay you off for whatever reason blah blah but the false ratings given to do it without warning of a performance issue isn’t... — read more 

One, Two, Todd is coming for you...

three, four, HR won't even show you the door (bc you are WfH) five, six, too many problems to fix seven, eight, don't try to contemplate nine, ten, shipping your job to India again...

Sh$t Show

I have been employed here for 17 years.. I can say without hesitation that this is the worst I have ever seen it. Senior management could care less that departments are drowning with work, due to layoffs and not replacing staff. It’s just a matter... — read more 

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| 41120 views | | 7 replies (last April 23, 2021)
Post ID: @OP+1alj8pey

Continuation of layoffs

What's the situation with layoffs? Will there be a continuation today or have they notified everybody who is affected yesterday? There's so little info on these cuts and no official word that i have to ask here. I really wish there was more... — read more 

Layoffs have started 4/12

How many more knowledgeable people are they going to keep getting rid of? Oriskany is losing people today . Anyone else ? All while they say they sent too much to india. 70% of work was shipped when they cannot have more than 50% there and have to... — read more 

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| 41260 views | | 15 replies (last April 15, 2021)
Post ID: @OP+1akJaTr9

Ha ha they want me back

Who wants work for BNY ? Me, me me; if they have capacity to pay 250k a year or else don’t even try me. Remember you laid me off!

Earnings predictions?

What do you think? I'm guessing earnings will be around $1 but after another few hundred million write-off for re-orgs and legal fees we'll miss estimates and the stock will drop 5% for a few months like it always does.

We don’t have time for quality because...

we are bombarded with corporate junk mail we have to attend a litany of useless ‘town halls’ with no action required (other than working faster to compensate for The lost time we have to take ineffective Pluralsight training on technologies... — read more 

Learn from the mistakes of others

My team was so understaffed and I thought that there was no more room for layoffs after they laid off some of the best people I have ever worked with. And then I relaxed instead of looking for a new job because I thought the likelihood of me getting... — read more 

Signs indicating that layoff is coming to you?

Lately I'm seeing more and more of my colleagues losing their jobs. I talked to a few of them and they all told me that there were absolutely no signs that they would be laid off soon, for example empty table syndrome, subtle changes in superior's... — read more 

I'm middle age and I was laid off

It's been months and I still haven't found a replacement job. I'm at an age where I'm still too young to retire but at the same time nobody will give me a chance to start over (and realistically, I don't even know if I could.) All my plans for the... — read more 

Doing more less well

I DO make more mistakes now than I used to, which are due to the fact that the requirements for doing my job have increased: a) in complexity, and b) in sheer volume due to loss of staff members in my group that were not replaced. Let me also state... — read more 

Layoffs

Does anyone know of the next round of layoffs started today? There are rumors that this is the week

To Those Who Have Been Laid Off

No sarcasm, please. I am curious as to what is to be expected for those of you that have been laid off. What was the procedure? What did you sign? What did you not sign? What do you suggest signing and what do you suggest not signing? What does the... — read more 

Layoffs happen all the time

There's no point in wondering if there'll be layoffs in April, May, June or next year. The answer is always going to be yes. What you could be asking is where and how many if somebody in the know is willing to share but just askings if there'll be... — read more 

Remote Work

How long until we hear word about how important it is for us to return to the office in person? Google made an announcement today and the WSJ has a feature article on the same topic. (I know this is not related to layoffs)

Company of many lies?

If it’s true then only certain business units will be affected. From what I heard, finance upper management told their remaining staffs after the January separations that they were safe for the rest of the year. Now I wonder if they were lying to... — read more 

Do you make more mistakes now than ever?

I’ve never made more mistakes than I have lately. Fortunately, they are small errors that I notice immediately and that can quickly be corrected, but all the same, it never happened that much before. Decline in motivation, stress, work overload... — read more 

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