I’m sure anyone with half a functioning brain already knows the lunacy behind RTO mandates and the reality behind them (hoping for natural staff reduction without severance). But to put this idiocy into perspective, I witnessed two people having a... — read more
Laying off in New York office?
Anyone hear about layoffs happening in 240 Greenwich St? I’m pretty new to the company roughly 2 years in an entry to mid level role…. Worried about my job being affected. Or do they go after the big dogs first since more $$$? Which offices are... — read more
Wellesley to Boston to Nashua?
That is the rumor I am hearing for the ex-Eagle team. Last year BNY hired consultants that recommended that they close the Wellesley office (which now sits vacant but is still under BNY lease) and move them to Boston forecasting a voluntary... — read more
Chief Solutions Innovations and Product Officer?
How’s it shaping up? Any deets? All the large exist from Digital every week now? With AS gone from Growth ventures and whatever happened to the team that’s now under her? What’s the plan? What’s the field like? Organized? Madness ? Chaotic? Good? — read more
M&A? RV is a pathological liar
Focused on organice growth? What does that mean? The right merger candidate has to fit with our culture? What culture? The culture of Hannibal Leckter ? This place is in trouble and a merger is the only way to save face. NT needs to resist this. //... — read more
New to BNY am I sc--wed here
Joined BNY as an associate developer in February. Haven’t had many interactions with my manager. I know reviews are coming up and I feel I’m doing a good job. I push more code than the senior associates and vp developers on my time some sprints... — read more
Who needs a good laugh
https://www.pymnts.com/news/artificial-intelligence/2025/bny-says-96percent-employees-use-in-house-ai-platform/
During mid year reviews...
Everyone should ask their manager to tell the manager's manager to get the message to an EC member that 2% or less raises next year are not acceptable. If everyone makes a stink about 2% or less raises, then hopefully the raises next year will be... — read more
Finance took some hits this week.
Extremely heartbreaking to watch good employees being let go.
BNY severance
I was asked to relocate to be able to work 4 days in office or I would be offered a severance package. Does anyone know what BNY offers for a severance package? Im just curios what that might look like.
BTS CALL CENTER
What’s the scoop on this EXL partnership email that was sent on 7/11? Is the bts call center being faded away?
Q2 2025 Results are in!
Quick summary: We lined our pockets so yours remain empty. Enjoy the free tshirt and coffee! RV
I volunteer as tribute!
Lay me off, I'm begging you!
What's even the point anymore
The goal seems to be to replace all of us as cheaply as possible. Watching your job get handed off while you're expected to train the replacement is not something I want to do. I'm now wondering how long before sending so much stuff overseas comes... — read more
July 21?
Happening?
The Return To Office Reality Check: What July 2025 Data Reveals About RTO Mandates
The workforce data coming out this month tells a story that's hard to ignore. RTO mandates aren't delivering promised results. 📊 Current Employment Crisis Context: College graduate unemployment hit 5.8% - highest since 2021. Entry-level tech hiring... — read more
Department in Free-fall
Pittsburgh Transfer Agency office is in free-fall. This department is within Global Payments. All department leadership has resigned. All of them. Staff members are resigning every 2 to 4 weeks. Half of the remaining staff of twenty may jump... — read more
Nearing 50, and honestly, scared
Not because I’m attached to this job, but because once you hit 50, nobody wants you anymore. Great way to make you feel like trash. I’ve been trying to prepare, making small investments and looking for other opportunities. You’d think decades of... — read more
Slow death by restructuring
The so-called ongoing “restructuring” is just a fancy way to cut headcount. There’s no real plan or vision behind it. Teams get shredded, some just quietly disappear, while others are left to scramble with impossible workloads. Efficiency? Morale?... — read more
Oriskany
I heard a scary rumor that settlements and income may be laid off with out a package. Does anyone have any information about this
Goldman (BNY's mothership) and Devin the AI employee
https://invezz.com/news/2025/07/11/this-ai-just-got-a-job-at-goldman-sachs-and-its-already-outcoding-humans/ How many more quarters before 240 G can be emptied? The folks were complaining about jobs going to India. Even Indians need to be paid and... — read more
Layoffs coming non stop
It keeps coming
BNY PTSD
Many BNY employees especially in nys have been left scrambling. Many are unsure of why they worked so hard for people who truly only cared for what lined their pockets and not the actual customer, client or even their employees. Now looking for a way... — read more
Percentage to be ranked underperforming?
Has anyone heard the percentage of employees to be ranked underperforming?
Notice period - Director level
Anyone have experience leaving BNY for another opportunity and having to serve out the full 2 months notice period for a Director? Would strongly prefer to only give 3-4 weeks max, but not sure if there would be legal issues. Or is the 2 month... — read more
Would you accept a promotion without a pay raise?
It's supposed to come later, but still...
Climbing the ladder? Nvm
I have been in BNY for over 10 years. I started as E (entry level) and climb the ladder until now. I am a G (senior position) and it seems that BNY implemented a rule for internals to only get 10% of increase if they get a higher position. Every... — read more
What are your options if you have been put on a PIP plan
Hi, I was put on a PIP plan and there is a confusion regarding 30 days. Does the 30 day start after I was given the review and what happens after the 30 days they decide that I am no longer needed. Do they give severance for 30 days or no severance... — read more
Distrust of Leadership
The consistent activity and update-seeking on this board is testament to the failed leadership communication and toxic culture they have created. When the traditional corporate communication channels fail, sites like this erupt in popularity. Tell... — read more
BNY’s strategy is simple
Cut costs, create a toxic environment to force people out, and offshore jobs until nothing’s left. If you’re still here, it's time to start looking. They don't want you working here. You're too expensive. Sad but true.
Holy moly WellsFargo
https://www.thelayoff.com/wells-fargo-and
401k Question
Legally speaking, is there anything a worker can do regarding the companies be client 0bsessed approach to withholding your 401k match? What is the point of contributing if there are constant layoffs, forced P.I.P. and other shenanigans every month?... — read more
Notice Period and Sick days
Would a person be able to use sick days during the 30 day notice period?
The new Dublin office
Folks in Cork and Wexford will be in stitches laughing 😂🤣😂🤣😂🤣😂 The Shipping Office is more like The Shi**ing Office, the Seagulls are doing a great job👏
Bank of New York mellon
Bank of New York Mellon is a joke. The company is a bunch of fools and su-ks at life. Happy 4th of July. The company is full of career coat holders
Has anyone actually spoken with attorneys or EEOC in their state
Just curious if anyone has actually looked into seeing if bny is violating laws or creating discrimination with the layoffs and forced ratings
Ah, the glee at the prospect of replacing us all with machines
Leadership really does dislike people.
Does anybody still dare to disagree with anything in meetings anymore?
Lately, every single one I’ve been in feels like a performance, just people nodding along, even when what’s being said makes absolutely no sense. It’s not technically my job to speak up, but I’ve been so tempted a few times just out of sheer... — read more
Career ceiling
Promotions here shouldn’t require insider trading-level networking skills. It seems that if you want to get promoted you have to leave.
Severance pay taxing
I work in Pittsburgh and just found out my job is being eliminated (after 18 years). Must say I wasn’t shocked, so much of our work has been shipped to India. Anyway. trying to figure out my finances. Could someone on here who has lost their job in... — read more