Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Year in Review: Integrity

Anyone else find that Company News article to be poorly timed? Integrity isn't the description I'd give to our performance review process.

by
| 22251 views | | 1 reply (January 6, 2021)
Post ID: @OP+18L7OYeT

Be Prepared

Be prepared: print or download copies of performance reviews take pictures of other documents as needed. access to your PC will be taken away after you hang up with HR Have logins written down for other HR related sites like... — read more 

by
| 25430 views | | 9 replies (last January 6, 2021)
Post ID: @OP+18KksCPm

BNY Mellon has ZERO respect for its employees

It’s not about getting laid off. It’s about how BNY Mellon has chosen to go about shrinking it’s workforce. They have no respect for our intelligence. They are just a bunch of McKinsey disciples who feel that only, and I mean only profits matter. ... — read more 

by
| 25450 views | | 8 replies (last January 13, 2021)
Post ID: @OP+18Gi09uz

Retirement Package 20+ years

I heard management considering packages for employees with 20+ years with company to mitigate potential fallout related to laying many ‘senior’ people off. Has anyone heard anything similar? More details?

No motivation

Has anyone been seeing any lack of motivation in their BUs? For the last few months my coworkers - and I'll be honest, me as well - seem disinterested. Some of us feel like no matter how much effort we put in there, are no opportunities for upward... — read more 

by
| 20880 views | | 11 replies (last December 29, 2020)
Post ID: @OP+18yQ6USa

Year End Review

Has anyone not received a year end review yet? For those who have received a year end review, how did it go?

by
| 19090 views | | 7 replies (last January 3, 2021)
Post ID: @OP+18walDPd

2021 Layoffs

Anyone have any insight on first wave of 2021? January or April? Hearing different things. Know someone you was fine all year and only now on year end received BE rating (not deserved) on the list to be axed?

ATTENTION BNYM MANAGERS

Stop sending out e-mails to warn employees not to click on TEST phishing scams. It creates an environment of employees who are incapable of thinking for themselves. I am sure the department manager responsible for sending them out would be pretty... — read more 

by
| 16710 views | | 7 replies (last December 21, 2020)
Post ID: @OP+18rtBwbg

Wells Fargo employee here...Question on stack ranking?

Under Charlie, did you have to stack rank your employees at the end of the year only and then those below expectations would be laid off in January? Or, did you also have to stack rank them as part of the mid- year process and if employee ranked... — read more 

by
| 16770 views | | 4 replies (last December 23, 2020)
Post ID: @OP+18mxuJQo

Get vaccinated for COVID-19 or you will be BE

Let this be your fair warning in case you're not paying attention. Some time in the future BNYM is going to mandate that you get vaccinated for COVID-19 or else you will find yourself BE and targeted for layoff. If you are full time work from home... — read more 

Should I Stay or Should I Go Now?

Considering the current climate and the imminent possibilities of "reducing headcounts" yet again, what does a BNYMellon typical redundancy package currently consist of for the UK employee (15+ years, EE performance reviews, standard benefits:... — read more 

by
| 17260 views | | 9 replies (last December 3, 2020)
Post ID: @OP+187cePlN

MS 365?

Isn’t BNY quickly rolling out MS 365? https://www.inputmag.com/culture/microsoft-365-is-going-full-cop-on-employees-with-constant-monitoring

by
| 15771 views | | 2 replies (last November 26, 2020)
Post ID: @OP+186kuWGD

Its like you work at the DMV

There's no motive to work harder or do well. If mediocrity is your life-long ambition, this is the place for you. Its a great place to be if you are one of the few at the top, kinda like feudalism. So if you want to be a serf, because there is zero... — read more 

by
| 14922 views | | no replies yet
Post ID: @OP+1864ipFz

2021

Ready?, set?, layoff! no one will be safe! The tsunami is coming! Fintech is coming for your job!

by
| 15110 views | | 6 replies (last November 23, 2020)
Post ID: @OP+17SMrGk4

Weak People takes revenge !

This is so true by Albert Einstein Quote: Weak people revenge. Strong people forgive. Intelligent People Ignore. I am going to add weak, cruel and greedy soul revenge...

by
| 13500 views | | 2 replies (last November 10, 2020)
Post ID: @OP+17GDHfab

How is Program Greenfield doing?

It was a disaster when I was there. The greenfield team never could work effectively with application owners and developers. Some app owners left the company out of frustration. Has anything gotten any better? Does BE still want 12,000 of her... — read more 

by
| 13740 views | | 1 reply (December 14, 2020)
Post ID: @OP+17FIA52m

I noticed a culture shift when I left Operations

I wanted to mention here that I began with BNY in an operations role on a processing team, and saw all of the issues that are frequently mentioned on this forum. Low pay, low morale, employees constantly worried about their job security, managers who... — read more 

by
| 14470 views | | 6 replies (last October 30, 2020)
Post ID: @OP+17EsDgz3

Relax and take a deep breath

I see some of my coworkers literally being overworked and nearing their breaking point. A see a lot of them slip further into depression because they feel like they’re stuck. Basically, they’re destroying themselves for a company that doesn’t care... — read more 

by
| 13050 views | | 5 replies (last October 29, 2020)
Post ID: @OP+17CI2IIH

Major Layoffs Coming Q2 2021

Ex-TSG(IT) leader here. I keep in touch with multiple people still at BNY and am being told that major layoffs are planned for Q2 2021 along with a potential real estate fire sale/lease termination. Let's face it, BNY has been in layoff mode... — read more 

Referred to as “old dogs” by senior management

A bunch of us were in a meeting with two members of senior management. At one point, one of them said, “Old dogs CAN learn new tricks.” This person was referring to us learning new IT skills, but what all of us heard was naked age discrimination... — read more 

Start a new thread - post a news comment, question or message:

: