is it really closing? by when?
SAFe at BNY
My started doing SAFe in Q3 last year and honestly, I don't see any improvements. On the contrary, it feels like there is an agile police around us: follow the process, follow the process! Where the focus should be having a solid cadence of... — read more
Addressing Age Bias
I've come across some rumors suggesting that BNY may be looking to phase out older staff members. It's important to stay alert to these developments, and if it appears to be accurate, consulting with a lawyer could be a wise step.
Pennington Status
Any update on Pennington closing? I keep hearing conflicting stories.
@ the point
Don't really care to be here any longer, but don't sc--w me of my severance.Throughout my time here, I've pproached ny role with dedication, professionalism, and a strong work ethic. I've consistently supported the team, upheld company values. I f i... — read more
BNY P-M = let the squid games begin
break what is not broken exhaust everyone without able to deliver (P-M/POD) seems to be fun not taking responsibility for useless changes the employees will be with the forced ranking pay the price and get eliminated "A fail fast mentality is a... — read more
The majority of companies are not choosing RTO
This whole "everyone else is doing it so we should too" logic is complete nonsense. If you look at the Fortune 500, about 10% are fully remote and nearly 80% are hybrid, mostly with two or three days in the office. Choosing more than that and... — read more
BAH employees being forced back to the office
Let me start by saying I was hired fully remote back during covid. There are no physical office buildings where I’m located. I was told on Friday I need to start going to the office the second week in August or it would be considered a resignation... — read more
The idea of AI employees is pure fantasy
More flights of fancy. More dreams of things never to be. More wastes of money and time. More lies. As long ad there is global custody, treasury, foreign income, FX and foreign deposits, BNY will never self automate or be a robotic style firm. Put it... — read more
Fix what's broken
I’m so tired of watching everyone waste time trying to “fix” stuff that isn’t even broken. Instead of focusing on what actually needs attention, they mess with things that were working just fine. It’s frustrating because all this chaos drags down the... — read more
People Manager Level Atmosphere
If you are a manager that naturally attempts to form cohesive and productive environments, avoid this institution at all costs. You will never be able to treat your reports with a basic level of humanity in the current culture. Learn from my mistake... — read more
Came from a midsize bank where we actually collaborated
I've learned since then that at BNY, it's every man for himself wrapped in corporate speak about "synergy." The cognitive dissonance is absolutely staggering. They preach teamwork while rewarding backstabbers. Worst part is catching myself adopting... — read more
1st Mellon and now NT under radar !
BNY and Northern Trust Merger rumors round the internet everywhere! 20 years ago Mellon was merged and now Northern trust is under the scanner. Do NT Employees really want to shake hands with BNY Employees here. Northern Trust Commits to Staying... — read more
How many of you are the real hard workers?
Still hoping just to keep your job, or still holding on to the belief that hard work pays off? If you’re one of them, please stop. No matter how much effort you put in, how much energy you spend, or how dedicated you are, it won’t be appreciated... — read more
I cant take it anymore I want to quit
I think this is what upper management wants, us to quit so they dont need to pay a severance/ SUB. I never had any problems at BNY from 2019-2023 but now its bad. Ive lost 15lbs since January and shedding hair like a dog. Plus commuting 4 days to... — read more
Bending the cost curve.
Don’t feel bad if you lose your job. As per this mornings townhall job losses are “bending the cost curve” and actually a “huge achievement” who knew . Hope this helps everyone feel better.
Layoffs
More to cut.
Burnout cycle
They've squeezed us so thin that even PTO doesn't help anymore. I came back from vacation to 500 emails and twice the backlog. My therapist says I need boundaries, but when your workload assumes you'll work nights and weekends, what's the solution? I... — read more
AI Agent
Definition of AI Agent-> AI agents are software programs that use artificial intelligence to perform tasks, make decisions, and interact with their environment autonomously Meanwhile our agent -> A scheduler that calls chatGpt and feed in one... — read more
Time to call the EEOC
People Team is targeting employees with existing medical accommodations for remote work. Keep all records, communications, and any denials. This is all being done because of the merger with NT and wanting to eliminate employees. Well BNY, what... — read more
Truth Before Transition: Giving Northern Trust the Full Picture
Let’s take a collective step toward protecting the future of Northern Trust employees and their clients. By sharing our honest experiences—anonymously and respectfully—with the Northern Trust CEO, we can shine a light on the realities of BNY’s... — read more
The Cultural Shift Northern Trust May Inherit from BNY's Toxicity
BNY has unfortunately developed a deeply toxic workplace culture under its current CEO. The environment is driven more by profit and shareholder profits than by a genuine commitment to employee well-being or long-term values. It’s disheartening to... — read more
Any layoffs this coming week?
Weren't there mentions about June layoffs? Or did I misunderstand?
The more I hear about AI
the more convinced I am that it's just a convenient excuse to cut and offshore jobs, without actually replacing them with AI.
Merger-Discuss
https://www.reuters.com/business/finance/bank-new-york-mellon-approached-northern-trust-discuss-potential-merger-wsj-2025-06-22/
Layoffs get worse
Not getting better
30 day notice?
Anyone know what the consequences would be if you resign and provide only 2-3 weeks notice?
Another post disappears
Thin-skinned much? What is she so afraid of? The fact that anything about her gets taken down speaks volumes.
Purchased Days
Anyone know what happens if you resign mid year to the $$ being withheld for purchased days?
Work for Deloitte or lose your job
Tax groups in Wilmington, NY, Westborough and Chennai. If you don't want to go to Deloitte, you lose your job with no package. BNY is keeping 8 months of 401k matching as if they all decided to quit. Everyone loses all time served, again... — read more
Forget about ratings and evaluations
In the vast majority of cases, they’ve been arbitrary, serving more as a scripted performance than a real measure of value. They exist to create the appearance of fairness, but in reality, they're used to justify decisions when it’s time for cuts... — read more
Is this really how it works?
January submit names. Lay off in Feb. March termination date. April submit names. Lay off in May. June termination date. July submit names. Lay off in August. September termination date. October submit names. Nov lay off. December termination... — read more
What bars around the Pittsburgh offices have the cheapest beer
Asking the important questions idgaf about RTO or performance reviews.
What are the rankings for?
Are these 25% low ratings to avoid bonuses, promotions, and cut the low of the low workers? Was hired about 6 months ago as a VP software engineer. Do I need to be worried? I get my work done and sometimes more.
Removing BNY from receiving feeds from your brokerage accounts
So I called Fidelity and told them to remove BNY from Institutions receiving your account information. The list of accounts is right there in the Fidelity Security settings... And then I was told by Fidelity that I need to call BNY Compliance and ask... — read more
When is the next layoff for forced WFH people
Last one was 5/18-5/19th for a layoff date of 6/18. I’m hearing buzzing around that there are more this week? I thought it was Aug-Sept and Nov-Dec?
C level merry go round
EH out.