Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

The problem with Pluralsight training

You are expected to do 2 hours of video training a week. If you want to follow along with the training and actually try to learn, it’s going to take more than 2 hours. Also, maybe it’s just me, but I wasn’t given any guidance on specific training... — read more 

by
| 8930 views | | 5 replies (last January 13, 2021)
Post ID: @OP+17wTxydM

Don't work for this company, its simply awful

Especially if you are a young person just finishing up college. Don't waste your time being an intern or getting a job at BNY Mellon. You will regret that decision in less than 6 months I promise you that. You would not believe the dysfunction and... — read more 

Inspiration problem?

https://insights.dice.com/2020/10/02/do-technologists-have-an-inspiration-problem-at-work/?amp&utm_campaign=Advisory_DiceAdvisor_H1B&utm_source=Responsys&utm_medium=Email

by
| 1900 views | | 3 replies (last October 13, 2020)
Post ID: @OP+17kPm3VR

Return to office

Has anyone heard about when the majority of different locations will be returning to the office? January? March?

I want to get laid off, but they won't do it!

I want the package. 2 months' severance pay for no work sounds good to me. I'm at a place in my life where I'm planning to leave soon anyway and take a few years away from the workforce to pursue other goals, so why not get a package on my way out?... — read more 

Muzzling of women

Are there any other women in particular or any individuals out there who feel muzzled by their male colleagues due to ego issues? I’m so tired of it. Several instances of speaking up about something and told it’s not a concern and later found to be... — read more 

by
| 2530 views | | 8 replies (last October 22, 2020)
Post ID: @OP+17esmSiP

ATTENTION BNYM MANAGERS

When a phishing email test is distributed to employees, it is not appropriate to warn the employees to NOT click on it. It defeats the purpose of the test. Instead of employees learning how to think for themselves, you are creating a bunch of... — read more 

by
| 2770 views | | 8 replies (last October 1, 2020)
Post ID: @OP+17bdH0gD

New layoff pool

Ask around — now anyone marked for layoff or laid off will be able to be recalled for an even sh–tier job. And if you decline you lose your severance.

by
| 3320 views | | 9 replies (last October 18, 2020)
Post ID: @OP+178aL2Od

Don't trust anyone!

People don't trust anyone @BNYM, even if someone acts like very close friend of yours, these are hungry ghosts spying on you to protect themselves. I know not many do this but some poorly skilled and badly raised people with cheap and greedy soul... — read more 

by
| 2360 views | | 3 replies (last September 28, 2020)
Post ID: @OP+177R51NB

CEO employee webcast.

What a bunch of propaganda. I heard the same things 15 years ago, and 4 CEOs ago. Bla bla bla diversity. BlaH bla blah engagement. Blah blah blah.. Blah blah blah expense reduction. & what a bunch of hand picked softball questionS.

by
| 2340 views | | 3 replies (last October 9, 2020)
Post ID: @OP+177lGBaC

Going back and lsyoffs

With the potential to not go back this year, chances BNYM continue to not lay-off into 2021?

wells fargo

https://www.nbcnews.com/news/amp/ncna1240739

by
| 2800 views | | 8 replies (last September 25, 2020)
Post ID: @OP+1756WvjE

Age discrimination class action lawsuit (have at it)

These are the law firms that represented IBM employees in a class action age discrimination lawsuit that IBM lost in court. I got the information for a journalist who wrote about the case. Have fun! Attached is the EEOC determination letter... — read more 

by
| 2350 views | | 9 replies (last October 24, 2020)
Post ID: @OP+170PTH0x

Outsourcing to India

I hate to write this.... But it’s a truth facts Working with them is a real pain as they takings their own sweet time to process!!!!

by
| 2251 views | | 3 replies (last September 18, 2020)
Post ID: @OP+16WhBaVP

New job

I was a BK employee for almost 20 years. I finally left (on my own) and have been at another firm for about 8 months. Best decision I ever made. I struggled with the decision. Should I stay despite the pathetic leadership who have no integrity?... — read more 

by
| 1880 views | | 1 reply (September 15, 2020)
Post ID: @OP+16VLAyhg

Asset Servicing Ops

Major layoffs coming. assessment currently underway, drastic overhaul of the service delivery model coming. I’ve been asked to put names in boxes and put forth names for termination.

by
| 3490 views | | 10 replies (last September 18, 2020)
Post ID: @OP+16VboYkT

Dublin Office

With a 9 months of it, I cannot believe how poorly it is run. Zero leadership and back bone by some of the senior management. Very odd back slapping culture. Lots of talk about female leaders (which I support) but the females picked to represent us... — read more 

by
| 2150 views | | 9 replies (last October 7, 2020)
Post ID: @OP+16UTAmyR

Layoffs are coming in 2021

Make no mistake, as a result of the pandemic, the global economy has been hit hard. The reality is that over 45 million Americans were forced to file for unemployment, and numerous high profile companies were forced to file for bankruptcy... — read more 

Tech and Ops merger

How come there isn’t any comment here about BE taking over ops? Posts removed by moderators? We all know what’s going to happen next.

by
| 3000 views | | 8 replies (last September 16, 2020)
Post ID: @OP+16NSQztN

Forced back into the office

I heard a team was being forced back into the office on 9/14. This is soo ridiculous considering they said they have been working fine and effectively since March. Supposedly, HR requests are being denied for those whose children have remote learning... — read more 

BNY Mellon Job Recruiters are Prejudice

There’s actually an article on LinkedIn that says so. The solution isn’t to do anything about the prejudice job recruiters, the solution is to take the names off of all the resumes so that all the job candidates are anonymous. Doing so will lead to... — read more 

40 hour standard work week

It’s disgusting what this company gets away with. For those of us who work 37.5 hours a week and are now required to work 40 you just got screwed yet again. They get 2.5 hours more work out of us us per week but have adjusted our pay. According to HR... — read more 

by
| 4230 views | | 23 replies (last September 17, 2020)
Post ID: @OP+16zZIlS8

Hiring Freeze as well as quarterly market adjustments

If the position is strong why there is a need to hire . They are looking at the hiring budget when they say We have a strong balance sheet and are well positioned in the market place. We will both continue to prioritise our strategic investments and... — read more 

Its old news now, but lift and shift

https://www.financialexpress.com/industry/banking-finance/bny-mellon-looks-to-add-up-to-10-to-13000-strong-employee-base-in-india/1867285/ How is india staff doing there? Is quality ok or absolute c-ap?

Hiring

Apparently new & pending hiring has to be approved by Todd and the EC. Since they are supposedly not doing more layoffs in 2020, my guess is this is a way of implementing a hiring freeze without saying it outright.

Behlmer

Since Frank behlmer left sounds like everything's gone downhill. Should have used his model, it worked exceptionally well. He was thankful to have a retain good talent. Good luck, glad I was let go! Life is so much better!

Possible Layoffs by end of 2020?

Heard that there's mandate coming from above for another 10% round before the end of 2020. Can someone confirm? Is it the truth or a rumor?

WF employee here

New to WF hired this year feb & received a fabricated 2 rating made to look incompetent. How long before I'm let go?

Horrible workplace

Why does BNY Mellon alway treat its oldest and most loyal employees the worst? People who have been with the company the longest? Do you know of one other company that cares this little about those who are directly responsible for the majority of its... — read more 

Pandemic.

If this joke of an organization somehow survives this whole pandemic, it would be a miracle. It's been a dinosaur of a company for so long with fat cats stuffing their wallets with whatever revenue was generated. The actual heart and soul of the... — read more 

Business Analyst & Consulting companies should go first

If BNY thinks itself a TECH company, then BA and consulting piece should be rooted out. In modern application development, they are more a blocker then enabler. Everyone gets confused when BA takes the stage, and people have a hard time collaborating... — read more 

by
| 1142 views | | no replies yet
Post ID: @OP+16aX73pG

All hands meeting - truth or dare

For those who are ready to get laid or want to or are on that list and don’t care, let’s stand together at this meeting. It starts with one person. Once that person starts, we all need to jump in.

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

: