White space, commercial, white space, underpenetrated (eww), white space,…
I’d Rather
I’d rather x than work at BNY another year. I’ll start… I’d rather insert my arm into a bear trap and gnaw it off with my own teeth than work at BNY another year.
Unemployment
Has anyone who got laid off been able to collect PA unemployment?
job change: impact to bonus & 401K match
I am considering another opportunity with a required start date in early November. The other company is not willing to change the start date. Leaving before year-end may affect my annual bonus and 401(k) match. Does anyone know the last date we must... — read more
Working Together/Required in Office Warning?
I missed last month's required in office days by one. I can still go in and book a day off if I need to make myself compliant. Do I need to do that though or will I get a free warning/one free strike? Or is it too risky? I was only off by a day and... — read more
Office Closures
It's another head scratching exercise that only exacerbates employee angst. Forget layoffs for a few minutes, consolidating offices is an effective strategy to reduce staffing without filing. Uniondale NY was leased for 30 years, at its prime it held... — read more
Time off policy vesting schedule
Just wanted to check, will there be any more changes to the pto policy going forward? Is there a max limit on how many days can be used for a bereavement leave? Is there a vesting schedule for our bereavement days? Is it based on length of service?... — read more
More Bleeding Out to Offshore and How to Apply Pressure to Save U.S. Jobs
The Bleeding Starts With the Math BNY associates aren’t imagining the hemorrhage — the offshoring cuts to Pune, Chennai, and Wroclaw are real and accelerating. And the wound is wide open because the math is brutal. A mid-level engineer in Pune... — read more
How BNY Keeps Headcount Stable While Gutting the U.S. Workforce
Wanted to voice a concern that’s outraging to many US posters and visitors on this site. BNY’s headcount story under Robin Vince has been one long magic trick: shrink the U.S. workforce while making the numbers look stable. The trick works because... — read more
Headquarters in United States?
Everyone knows that RV is all about replacing American workers. Here’s the factual numbers that prove it. Number of employees - 47,097 US employees - 19,187 Non US employees - 27,910 Of those non US employees , India specifically equals 15,925
I'm tired of layoff rumors
Either do it or don't, but keeping us guessing is getting really annoying. I'd like to be able to fully focus on my work, not have to balance between my productivity and worrying about the proverbial axe above my head all the time.
Pick a direction already
We spend so much time starting things that never actually get completed. By the time we're getting somewhere, management has usually decided we're doing something else.
Dublin office....
So, here in Dublin employee from outside Ireland are celebrated excessively and there is even advice on immigration/visa! Talk about rubbing it in after just closing offlices in Cork and Wexford. Perhaps those offices were not diverse enough?
More cuts 09/30
Hearing rumors of more 30 day notices being done 09/30. Anyone else heard anything?
AI extremely dangerous- forget worthless!
All the major networks ran a scary story about Anthropic AI and its danger to humanity. Forget how worthless it is: it is dangerous.
BNY to match Amazon?
With Amazon's recent announcement of investing 230 million in pay and benefit increases I bet Robin and the EC team will feel some pressure to also increase benefits.
Why I hate BNY every day during work.
Why I hate BNY every day during work.
Totally lame EC e-mail about AI
Spare us the con game!
Jumping ship
After some of legal was forcibly merged with compliance, people originally from legal are jumping ship and it has been one of the most satisfying things to watch. Especially knowing the egotistical “head of the table” has to be scratching his head as... — read more
Are the Boston adjacent offices closing?
I heard from a colleague that the lease from our location is up at the end of the year (outside of Boston) and the assumption is that everyone will be moved to the Boston location. Any confirmation on that?
cant wait until the house collapses
Cant wait to hear about the collapse of bny once they are done sh-----g on wfh staff and everyone else who actually shows up for works and not only does their job but actually knows it . Never heard of a company willing to shed people who can keep... — read more
I can’t believe the CSC in Pittsburgh is sporting Red, White, and Blue lights
When all this company worries about if offshoring jobs to save a buck and push their AI (All India) initiative. What a joke!
Stay away
This place has constant layoffs and poor management. Coworkers are friendly but that's about the only positive thing. Leadership has no accountability, pay is low, raises are ridiculous no matter how long you stay, and work-life balance is... — read more
AI tracking IP connectivity?
I’ve heard rumors that they are starting or have started to track how long you are connected to the internal corporate network. Has anyone heard about this? I know they can see badge swipes and internal network connection but is it true they are now... — read more
#lifeatBNY
Hello friends and colleagues. I would like to apologise. Yesterday for the first time in 7 years I forgot to post a meaningless #lifeatbny LinkedIn post. After our recent inspiring and uplifting “Ask me Anything” with RV (as long as it’s pre approved... — read more
I made it
I’m out. My cerebrum is healing. I wish you all nothing but the same. God speed.
Employee Perks
As if our benefits in the US aren’t insulting enough, I just learned about the perks given to India. Samsung discounts Relocation assistance Day care Apartments and hotels Salary accounts Percentage of home loans waived Restaurant... — read more
If you were laid off from BNY, can you ever come back?
I've heard rumors that if you were part of a layoff at BNY, you're on some kind of blacklist and can't come back. Is that true?
What's going on today?
Any more cuts expected?
Layoffs today 8/31
Just found out a few people that I work with from Pittsburgh were let go( cash team) This is crazy!!!!!
Trump accounts
Irony that MAGA accounts are serviced by team's from India and H1Bs. Why not local talent that can support the same. Again no wonder the data of account holder and kids are open season for offshore.
Monday 8/31Layoffs
Good luck to everyone impacted on Monday!
h1b and greencard sponsorship
How come bony can periodically layoff tenured folks and still hire and sponsor 100s of h1bs
30 days notice?
Has anyone VP or above refused to give the ridiculous 30 days notice and leave in 2 or “effective immediately.” I’m strongly considering giving 2 middle fingers to these id--ts and just turning my equipment in. Curious as to what the firm can... — read more
Markets
If you’re considering a role on the Markets side, know what you’re walking into. The culture there isn’t just competitive, it’s dog-eat-dog, and it’s shaped by leadership that’s more interested in protecting itself than developing people. Too many of... — read more
Has anyone successfully used the new homebuyer benefit?
Is there anyone who has been able to successfully use the new home buyer benefit? It seems like you upload a deed or a final closing document and then you’re reimbursed for an amount of $6500? Does anyone have any personal experience with this yet?... — read more
Time to say good bye
In TRM and part of risk - my game with BNY ended today. Was. Good stint for 14 years. But have no regrets.