Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

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 


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 


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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.

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 


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