Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

New WSJ article on Chainsaw...

He gave his team less than 24 hrs before resigning.... he gave assurances that he wouldn’t be leaving this year.... Twitchy-finger Todd seems to have been caught off guard. In the article he says he will continue Chainsaws plan.

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| 2621 views | | 8 replies (last September 30, 2019)
Post ID: @OP+11gjKVQC

Hire me back as a consultant lol

Sure BNYMELLON hire me back under a contract and double my old salary. Because that’s the only way I would come back after the way you treated me for being a loyal hard working employee! I hope the company tanks!

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| 893 views | | 1 reply (September 28, 2019)
Post ID: @OP+11gynEzk

The new CEO has a monumental task before him

Paramount to the success of this company is the need to retain and bring back clients while simultaneously removing toxic employees both old and new from the place. There should be no stone unturned, no sacred cows, no favoritism - the branders must... — read more 

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| 1271 views | | 2 replies (last September 28, 2019)
Post ID: @OP+11fiwCbm

I am Inevitable says Charlie !

Eagerly waiting for the 3rd Quarter results This reminds me of Thanos wiping out half of BONY. The damage might have already done .So who is winning and who is actually losing when most SME's have already left . We cannot go back in time and change... — read more 

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| 1371 views | | 2 replies (last September 28, 2019)
Post ID: @OP+11foFEjd

Charlie.

So, let's look at his time at BNY Mellon. He comes on board July 2017. He helped create an environment that's been nothing but stressful and miserable. He saw to it that many long time, hard working, knowledgeable people were let go and ruined... — read more 

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| 2690 views | | 3 replies (last September 28, 2019)
Post ID: @OP+11fEXYwR

One down, one to go

Bridget, don’t get to comfy now that Chuckie is gone. You might want to pack your bags as well. He needs help at Wells Fargo to shred them them to pieces.

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| 2210 views | | 5 replies (last September 29, 2019)
Post ID: @OP+11fKxawV

Time to hire back some employees

That S oh B left a trail of destruction and then he leaves. We all knew this was bound to happen at some point. Time to hire back Some valuable employees.

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| 1590 views | | 5 replies (last October 3, 2019)
Post ID: @OP+11fdbay7

Charlie's gone, accountability is still needed

I said long ago on this board that this day would come. I also shared my opinion that people are ultimately responsible for their actions and I would view certain managers and colleagues in a different way after seeing them act with a cutthroat... — read more 

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| 2150 views | | 5 replies (last September 27, 2019)
Post ID: @OP+11fd3gOm

Good luck Wells Fargo, good riddance BNY

Ruining one bank was not enough and he did not finish what he started for good or for bad he is leaving without meeting his objectives or rather running away.

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| 1410 views | | 4 replies (last September 29, 2019)
Post ID: @OP+11fOZxcY

Charlie is Gone!!

Good luck Wells Fargo, and thank you for setting us free. I hope you don't like work life balance, but like being rated BE

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| 2010 views | | 2 replies (last September 27, 2019)
Post ID: @OP+11f2q84A

3rd Quarter Results

The funds industry is experiencing severe pressure on fees, poor interest rates and a flooded market. Revenue is forecast to drop and this will have a magnified impact on BNY which is grossly overstaffed and is a technological failure. Investors are... — read more 

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| 1280 views | | 1 reply (September 27, 2019)
Post ID: @OP+11eVvKC9

Be glad you're out. The culture is terrible!

Unfortunately they are cleaning house. Out with the old and in with the new! Be glad you're out. The culture is terrible! They are demoralizing good workers with BE ratings just to get them to quit or drive them out bec of age. They do not appreciate... — read more 

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| 2160 views | | 8 replies (last September 27, 2019)
Post ID: @OP+11cYv3Ow

More strategic initiatives on the way

So far: (1) remove working from home ... this was overturned due to negative outcry and not from change in strategy. (2) introduce 10% below expectations. Get the senior management to sell it as a performance improval program (what a circus) (3)... — read more 

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| 2240 views | | 2 replies (last September 25, 2019)
Post ID: @OP+118MHNkI

BNYM: An Accident Waiting To Happen

This bank is an accident waiting to happen. So much knowledge has been lost with the mass layoffs. It’s only a matter of time before BNYM is again in the news for another screwup. It’s too late to try to document procedures when the experts have... — read more 

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| 2580 views | | 10 replies (last September 25, 2019)
Post ID: @OP+117CBKkv

All hands call 7 am tomm

Check your emails. Wonder what it is? Please be big news like good bye Charlie!

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| 2980 views | | 9 replies (last September 19, 2019)
Post ID: @OP+116lGTZU

Job Interview Ireland

Did the interview and was offered a job....paper work appeared 6 weeks later even though I turned it down. Luckily I did not accept as heard serious issues in that company from contacts in the industry. Accepted a job with another company. Offer was... — read more 

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| 1390 views | | 7 replies (last September 19, 2019)
Post ID: @OP+115XdYUq

Layoffs will be company-wide

Layoffs will happen company wide. Not just one department will be affected. It will be all departments. Very much this. People need to stop speculating and wondering if their department or location will be spared. You need to consider an option... — read more 

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| 1920 views | | 8 replies (last September 18, 2019)
Post ID: @OP+115KpdW6

Dublin Town Hall Today

False smiles and fake sentiment come to Dublin today and another panel of weak management will dance to Charlies tune. Then Charlie will deliver a mind numbing talk before answering filtered and prepared questions. Tip for Charlie to save money... — read more 

LEGAL COUNSEL

Good messages. Unfortunately, the situation is very bad at BNYM. Can someone recommend a good legal counsel that have won cases against BNYM???

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| 1940 views | | 12 replies (last September 23, 2019)
Post ID: @OP+1153rhDf

H.R.3624 - Outsourcing Accountability Act of 2019

Please ask your elected officials to support this important legislation to protect American jobs According to this article, five US senators introduced legislation that would require companies to report the number of employees, by state and country... — read more 

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| 1410 views | | 5 replies (last September 18, 2019)
Post ID: @OP+113TUI1T

Is the BE rating strategy being abandoned?

Surprisingly, I recently heard that management is backing away from the BE rating strategy. Were a lot of people rated BE at mid-year? And are there any managers or anyone else reading this who can provide an update on the strategy going forward... — read more 

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| 2180 views | | 9 replies (last September 24, 2019)
Post ID: @OP+113Mb2YH

BNYM not committed to employee development and growth

I know this has prob been said before, but it bears repeating, bnym could care less about your career path or your professional growth. This is a company that just cant be bothered, unless you are one of the few that's actually in a good position on... — read more 

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| 1570 views | | 10 replies (last September 24, 2019)
Post ID: @OP+1122CEUk

How does the BE and layoff package work?

Spoke to a lawyer who represented bnym employees who was rated in lawsuits against the bank and the terminated. They won the cases but how do bnym determines this? Clearly we all know they are eliminating long term employees and trying to avoid... — read more 

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| 1930 views | | 11 replies (last September 17, 2019)
Post ID: @OP+112SvYa8

BNY Mellon Stars

I am curious to understand how the entire Star Performance nomination process work . Do managers handpick these employees to be the next role model of this company . Do they assign projects to team mates as they require sufficient approvals from the... — read more 

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| 4800 views | | 14 replies (last September 30, 2019)
Post ID: @OP+110C26Qm

HBR on toxic companies

Something our CEO and other chief officers should read. If they care. https://hbr.org/2019/08/are-you-enabling-a-toxic-culture-without-realizing-it?

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| 860 views | | 1 reply (September 11, 2019)
Post ID: @OP+10YxXLfs

Please Read-A Word Of Advice

Remember the following line: It’s not a matter of if you will be laid off, it’s a matter of when. They are coming for you. If not this round, then the one after. You are an expense and have little value to the company. Be prepared. Print... — read more 

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| 2300 views | | 4 replies (last September 10, 2019)
Post ID: @OP+10W4d6VC

Chuck in Ireland 17th Sept

Chuck and the crew in Ireland 17th September, any chance they plan to close an Irish office, place is overstaffed in a major way

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| 1960 views | | 7 replies (last September 12, 2019)
Post ID: @OP+10TGv3wJ

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