Offshoring, and this can also affect people outside the US as labor costs change. RTO with draconian enforcement tactics. RTO to locations that are rumored to be closing next year, at which point the job you've been doing remotely for many... — read more 

Layoffs have been happening all the time, they’re not stopping any time soon, and that means severance. Why would you walk away when you can make the company pay you to cut you? You’re just leaving money on the table. I’d never give them the easy way... — read more 

It’s an attrition strategy, just the latest in a long line. They’re always searching for new ways to cut headcount without paying for it. RTO is simply the newest. It was never about culture, collaboration, efficiency, or whatever convenient excuses... — read more 

I was told that the HR failed me on the performance plan and HR will followup with details which i have never received yet. Anyone in similar situation please share?

I was in a meeting and told the remote people will be let go in May and everybody has to report to staff in the same location they are in so they’re going to be redoing the org charts so to speak so you’re reporting to somebody at your same... — read more 

I wanted to send this story to someone and couldn't find this masterpiece. Did admins delete it? It was one of the best summaries of BNY for sure. Anyone saved a copy...?Wayback machine doesn't have it... Please dump to some shared drive.. I really... — read more 

From a friend in the “People Team”. There’s another planned round of significant cuts in the Investment Management and Wealth Management businesses in May alongside some more in Pershing. Am not in those groups, but didn’t they just have a huge cut a... — read more 

anyone else heard rumors of this. I heard from a friend in another dept that there was a class action lawsuit pending on age discrimination and other things….would be interested given I am in my late 50s and its inevitable that I am gonna be let go... — read more 

I wonder if anyone successfully negotiated their 2 weeks per work year deserved separation pay following fake pip and dismissal? I've been with BNY for 10 years with meets and above. Looks like BNY is giving me peanuts like 20% of that and asks to... — read more 

Talked with several people from the East Syracuse location over the weekend and found out that they received their severance packages. When they applied for their unemployment they were denied. One of them is going on two and a half months of... — read more 

I work in Pittsburgh and have heard a variety of reputable rumors regarding being in the office 4 days this summer. June, or August as the start dates. What have you heard?

Seriously, how is anyone still surviving at that place? When I quit over a year ago, morale was already rock bottom. Now I hear they’re still pulling the same cr-p they did when I was there and then some. Anyone stuck there wanna confirm if it’s... — read more 

The Good Friday holiday was taken away from us in the US once Juneteenth was added. A floating holiday was added instead. Why are the offshore teams in India (not sure about Poland) allowed to call it a company holiday and not work while us d-mb... — read more 

I'm surprised I haven’t seen any posts on this yet. At least within Asset Servicing, there’s a restructuring happening where all employees, up to an L, are now required to report to someone based in their primary office location. I previously... — read more 

What happens to 41k? Do they paid out the vacation time? Comments thought?

Does anyone know when the next round of layoffs will be? 20 years of service here always in good standing but starting to worry in this environment.

Does anyone know if this affects the amount of unemployment you may receive? If you've been through this since the policy changed and are commenting, please include your state if you don't mind as state unemployment laws may differ. Thanks

All of my team have their resumes out and are talking to recruiters. Our Manager is clueless to the fact. I can’t wait to get out of the kindergarten in-office tracker for one., the incompetent senior managers for two and what feels like a prison... — read more 

In Corp Engineering, there is a new trend instituted by guys from GS. Give bad ratings to older employees and use that as a basis for termination. Now it is no longer a layoff! It is termination due to poor performance. One of my collegues worked for... — read more 

The best solution at this point is for everybody, whether you’ve lost your job yet or not… File a complaint with the department of labor… Maybe that will get some visibility & change. Otherwise you’re just hoping Robin and his cronies suddenly get ... — read more 

Do you think we'll go back to 5 days in the office within next 24 months. Not sure what the overall thinking is, it feels to me that they are gradually ratcheting things up and that we'll be, within next 2 years, be asked to go back to the office... — read more 

Not sure what to think about it at all. Bank of New York Mellon Corp (BK) Q1 2025 Earnings Highlights Published April 12, 2025 | Source: GuruFocus News Financial Performance EPS: $1.58, up 26% YoY (22% excluding notable items) ... — read more 

I can’t take it anymore, I’m fed up. My team is severely understaffed which is leaning me to work 7 days a week, 15-16 hours a day. I feel my health failing. It’s impacting my marriage and my family. I actually feel like I could die from stress all... — read more 

This place needs to be investigated, with HR heads to roll followed by batman and robin.

Anyone ever notice the email addresses of RV and DM?

I see in a previous string that people mention that Pennington is slated for closure. I have not heard a formal announcement. Does anyone have any information on the timing of the closure and what will happen to the people based at that site? Will... — read more 

I hate that this company lies about everything. The building is completely empty and it seems like ppl are being fired left and right. What’s really going on? C’mon people show some backbone and tell us the truth.

I have not heard anything, but asked to be placed on the next layoff initiative. Many years with BNY, BNY Mellon, and now BNY. I am sickened by seeing communications advising that instead of layoffs for RIF, Force rate some new rating “not quite... — read more 

not sure how BNY will grow any business given the massive layoffs, that have gone mostly unreported in the media. Their stock price is doing well, but once the layoffs are finished, will there be anyone left to actually help the business grow?... — read more 

Word out of Pittsburgh is BNY currently has a hiring freeze. Any truth to this? I also hear movement within BNY is near impossible.

PM at the end year review across the board… placed in a PIP in Oracle PIP states PASS moved to a different department any possibility of getting let go? Thoughts concerns!

For the locations that are reducing in size…. Are you getting a new office? I heard in Edinburgh they are getting a new office, which is basically in a WeWork and has something like a 18 month lease. Embarrassing for BNY even consider a... — read more 

Does BNY not give off for Good Friday??

Even thought they are plumbing, how do we get them back??

While worrying about being placed on the list for the next round, I’ve noticed the forum chatter has significantly quieted down. The focus has shifted heavily to the Trump-induced market meltdown, with everyone concerned about their shrinking wealth... — read more 

Is this the real life? Or fantasy working at bny caught in a landslide, no escape from reality. Opened my eyes and realized Bny is not for me. I’m just a poor worker, I need no sympathy because I’m easy come easy go . Little high & little low any way... — read more 

I was unfairly rated as “below expectations,” which I now understand is part of a broader practice at BNY—where 10–15% of employees are required to be rated low, regardless of actual performance. It appears this is being done to avoid paying... — read more 

Why are forced wfh employees being treated like anything but employees? We don’t get recognitions at all like in office employees are. not even on employee appreciation day. Not allowed to get promotions or give them either. BNY forced this situation... — read more 

Trump promised to stop outsourcing of jobs from US. Do you think he will manage to stop outcompeting if jobs to India?