Everyone needs to ban together and do this. Ethics, your states eeoc, state senators, news media, ethics etc.. Anywhere you can to expose what they are doing. Lets see the foreigner talk his way out of having to explain why hes taking jobs from... — read more
Can BNY have some common decency in a layoff?
Canva’s restructuring affects more than 1,200 people. But its severance package is earning praise. https://www.newsweek.com/canva-exit-package-praised-tech-company-announces-layoffs-12662250
In honor of merit and incentive season. Enjoy!
https://www.instagram.com/reel/DfXi-y9RPGP/?cplk=MWRiNTF3ZnhpY2xyYQ==
BNY
BNY su-ks. It’s full of JPM career coat holders now. I hope it fails miserably
Layoffs alert
Big one in December
AI over- Goldman Sachs banning it for most of their staff!!!
In the news today: Goldman Sachs is BANNING AI usage for the majority of the staff! This is according to Bloomberg 11/3/26 and includes direct quotes from their official spokesman. Wow. Is this why it really truly feels like BNY has slowed the AI... — read more
I hate this company
Actually hate working here, not dislike, not just unhappy. It’s a cesspool and a huge part of many problems facing teams across the LOB stems from GP&T Product.
No Wove fireworks yet?
No Wove fireworks yet?
Why is it so hard to make a decision?
Why does every little thing have to turn into a bureaucratic nightmare? Even the managers are being micromanaged from above, so nobody can actually get anything done.
The Transformation Playbook: Shrink Headcount, Expand Offshore, Repeat
Headcount doesn’t usually “bleed out” overnight. The warning signs show up long before the announcement. At BNY, the biggest red flags are already visible: headcount declining without major layoff announcements, growing hiring in lower‑cost hubs... — read more
Year-end trainings!
We've all gotten a ton of training to complete by the end of the year. Now I know how to spend the recharge period. At least there's time to do it. But one thing I noticed when doing the Data Privacy training (or whatever it's called; has to do... — read more
Year end and bonus
For all the people managers, how is the number?
2027 benefits
Are we seriously only being given Aetna as an option? This place gets more disgusting . I remember when we would have a cafeteria full of companies that came to give you detail and now this d-mb and dwindled even that down to sh-t. But hey the price... — read more
Jobs Offshore, Tax Credits Onshore, Profits Everywhere
The real issue isn't India, Poland, or visa holders. The real issue is transparency from elected politicians, government agencies (EEOC, Dept of Labor) and corporate accountability. Companies like BNY can move work to lower-cost locations and call... — read more
Am I making a mistake by joining BNY?
Fellas - I'm joining BNY as a Sr. Director based in NY, and after seeing all the negative posts here, I am seriously reconsidering (I've got another offer from a smaller regional bank). What's your take/suggestion on joining BNY as a Sr. Director... — read more
Big layoffs year end
Be prepared for the storm
Celebrity status
Did anyone catch Dermie’s Hollywood debut in Camp Crystal Lake episode 8?
45k by 2027?
Trend is clear, year over year we drop 1000-1500 people
Working with lemmings
The EOCs distain for anyone over 40 is simply due to the fact that the majority of us are not good sheep. Today in the cafe at my location they were running a 30% off sale on BNY merch and there was literally a line. Why would anyone in their right... — read more
Funding yachts for a sinking ship
In late October 2026, RV cashed in 50,000 shares of common stock for a cool $7.4 million, while a few months earlier in August DM sliced off 26% of his holdings to pocket $4.9 million. Meanwhile, back on planet Earth, our budget for employee... — read more
Open Enrollment for ‘27
Uhhhh I just looked at what the new plans under Aetna will be. Costs for many will increase by 15%. Let’s see? More stress, more hours, more anxiety, more commuting costs, more health, dental and vision costs next to a 1-2% salary increase- if you... — read more
Internal Transfer Salary Increase?
Has anyone received a salary increase when transferring internally to a different position with the same corporate title?
Microsoft in hot water H-1B program — Visa Fraud Crackdown!!
Robin, things are beginning to heat up. The current trajectory of BNY’s aggressive US workforce reduction—driven by domestic layoffs, intensive offshoring, and a reliance on lower-cost global labor arbitrage—has officially breached critical... — read more
One percent isn't enough for this stress
The priorities keep changing, the managers are overwhelmed, and basic work is harder than it needs to be. A one percent raise doesn't make that worth putting up with.
Are We Really Celebrating the Destruction of Institutional Knowledge?
Here we go again... Nothing says "strategic success" like shipping jobs overseas while clients complain louder every quarter. Why does BNY leadership treat every role moved to Pune or Wroclaw like a championship victory? -- Cheaper labor?... — read more
Job market stats and inconsistency….
The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week amid low layoffs, ‘suggesting’ a modest pickup in job growth in October after September's underwhelming performance. However, the reality is... — read more
ACH?
Anyone else struggling to get info on ACH payments? The payments area keeps losing staff and no one can answer questions
Org Chart Circus
Why are there Directors reporting to Directors? VPs reporting to VPs? A bloated org tree for sure.
BNY’s Age Filter Is the New Corporate Stress Test
Comments on this forum Ageism is real at BNY, as commenters describe it like a corporate stress test where leadership keeps turning up the heat to see how much fear, uncertainty and doubt the workforce can tolerate. In literal and legal terms, age... — read more
GP&T Enablement
October 19 - managers meet to recalibrate ratings aka decide which employees to throw under the bus with a needs improvement and target for layoff next year. October 23 - managers meet to kickoff recruitment for new hires to replace old talent... — read more
Commercial Banking ?
Can someone please explain this mo--nic “ Commercial Banking “ platform led by CW …? This sht show hasn’t done anything commercial in 30 years… these mindless roadshows with flag wavers and bo--y li---rs… come on folks…! Trollers and drones please... — read more
Pressure
My mgr often pressures and publicly yells at me over deadlines (which by the way were never communicated). Constantly changing project priorities and responsibilities outside my control... I'm pregnant and the stress has become way too much... I... — read more
How much more work is expected to move offshore?
Is there an end in sight?
If Offshoring Is So Great, Why Not Start With the Executive Committee?
If BNY really believed its own cost‑cutting gospel, the Executive Committee would be the next “efficiency lever.” Consider that a U.S. senior executive package easily runs $3–6M+ when you add salary, bonus, equity, benefits, and perks. An equivalent... — read more
BNY Folks - question
Reading this forum makes my mind think I have the answer, but let me ask anyway. an SVP role in BNY NY os Yay or Nay? I haven't seen too many SVP roles advertised...Have seen VP's and some Dir's but SVP seems to be a rare stock? Hire and fire? Pip... — read more
Eliza versus Expensive Workforce
The high-risk, high-cost Eliza project directly threatens BNY's expensive workforce with aggressive layoffs as RV faces intense pressure to protect operating margins. Because he cannot easily cut its multi-year, multi-billion-dollar AI infrastructure... — read more
Bank of America $1.2B Loss Sanctions Operations - Impact on BNY?
News of BAC's $1.2B loss hit the wires two nights ago. Did this news rattle operations at BNY? BNY has a large operating presence when it comes to sanctions screening. Senior Management, along with Heads of Compliance and Sanctions Operations... — read more