What is the deal with this investment they put us all in at 1% or whatever a couple years ago. Do we get to cash that out soon or what happens with it at the end of their 3 year rule.m?

BNY has the audacity to sever positions on like 3.20 for example and then you sign all the paper work when it’s released but not give you severance until, not the next pay period but the following. They need to adjust they severe period the following... — read more 

I was laid off early this year. I found a job right away and love it. Not every business is run like BNY, but because I was there 16 years, I thought they were. You CAN find something else.

https://www.city-journal.org/article/mellon-foundation-higher-education-funding-scholar-activist-pipeline

I think I’m going to start a change.org petition to get the bank named changed. Who will sign?

Hr called me said they are waiting for the role to be approved again? Wtf

How has asset servicing fared this round of cuts?

Will there be more cuts? How worried should I be?

To all of my colleagues that got let go today. I truly am sorry and I know you’ll land on your feet. I want to thank everybody for their hard work and making a difference at BNY MELLON. The firm won’t be the same without every single one of you. — read more 

For a company that keeps touting their bumper sticker slogans about culture, I have never seen a worse culture of just miserable, beaten down employees.

Like everything at this dump, the P-M propaganda stories are just that. HR reaches out to users after very senior mgt, asks the employee to do the little Q/A. Of course the employee isn't going to rip the P-M.... I have seen it firsthand... a P-M... — read more 

For those of you who have resigned since the longer notice periods were in effect, did BNY let you use your remaining PTO during the notice period? There is no official written policy on this, HR just says it's up to the manager. I plan to give... — read more 

Why do we have people with 40+ years and do not have basic common math and comprehension skills still working here. The math ain’t adding up. Get rid of the d**dwood !!!!!!! Jamie Dimon, please save us!

It’s coming folks!

Does anyone know what the new hires are being told about office days? Constant rumours may go to 4 days for everyone (not just people managers). What is the messaging from HR when they recruit staff on this?

The office is a disaster lately. Tasks that used to take an hour now drag on forever, and half the new hires act like they’re allergic to learning. Not trying to throw anyone under the bus, but it’s exhausting. Wondering if it’s just our team or if... — read more 

New Platform Rule per the managing director: Town-Halls are not optional. I guess this will be the new lay-off/ termination criteria. Maybe don’t schedule Town-Halls at 8AM. WHO does that? It’s 2 hours before my group even starts. We don’t get don’t... — read more 

How can the goal of retaining talent be achieved with only 2% salary increases?

I know the situation in Edinburgh but wondering if anyone has any insight into the next offices to be closed? Assuming Manchester is safe as it's a growth centre. London will always be OK.

What are people hearing about changes to spans and layers and how do people think they will be impacted?

Has anyone noticed the Working Together calculation for minimum required days in office has changed (at least for Flex schedule)? The calculation is (20 possible days minus (-) # days taken off for holidays, vacation, WFA, etc.) x 60%. For all of... — read more 

I visit this forum to stay updated on potential layoffs at U.S. locations. It's been a nerve-wracking experience, narrowly avoiding the axe during the last few rounds. Lately, though, the discussion and activity here seem to have shifted away from... — read more 

Are they paying severance to employees being let go due to P-M? Or are they also being force ranked and let go?

Anyone know if there is a non-compete that is signed when hired at BNY? If we leave for another competitor is there a period of time where we can’t reach out to certain clients that BNY have?

Any update here

Got the annual report , p statements and associated propaganda all packed in it’s pretty plastic BNY bluey container. Net revenue only up 5% over last year and net interest is flat. Fees and other revenue (more on ‘other revenue’ in a second) are the... — read more 

I saw a post on impending layoffs planned in June and then it was removed as it degenerated into a political fight than a layoff information. Why was it removed ? Are moderators censoring ? Anyway does that information have any legs ?

Rumours in the Manchester office that it will be announced in April everyone will be in office 4 days per week. Does anyone know if this true? If so, when in April will it be announced and when will it take effect (presume 90 days like the people... — read more 

Anyone else dealing with this? My prior manager here in the US quit. She was bad, but this is indescribable as to how weird and poor it is. Paying strict attention to corporate emails, having to be on so called team calls at 6am talking about emails... — read more 

YES

Has anybody tried to sign the separation agreement I have but it’s blocked and I just want to get it signed and be done with this awful waste of my time wasted my energy company.

Clients look to BNY as a partner who can bring innovative ideas to a discussion. We have a lot of talent across the organization who can engage in discussions-wealth management trends, technology partnership, middle and back office product solutions... — read more 

Does anyone have any updates on this, near constant rumours in office but not clear on the sources. Key questions - will none managerial staff move to 4 days a week office, and could managers move to 5?

I know bonuses are discretionary but does anyone know the average base salary for a Private Banker in Wealth Management at BNY? HR continues to state they got rid of salary ranges and the pay (base & bonus)is strictly up to your... — read more 

What the he-l is this company up to now

Hello, has anyone here actually been a recipient of the lump sum severance package? I’m trying to contact a long time serving colleague who was recently let go to see what their outcome was. Also, any idea of why the move to lump sum? — read more