I joined a new firm last year and although I’m happy, it definitely has flaws in how certain teams work together or don’t work together. Having said that, though, after dealing with BNY’s broken processes and toxic leadership, this is really a non... — read more 

It seems that BNY have many different redundancy packages depending on where you are based. Would be interesting to hear what they are. Heard the UK is being offered 2 weeks per year When Ireland are being offered 4 weeks per year. How can they make... — read more 

How are layoffs determined? I’ve heard people are picked at random or do managers get told who?

Yessiree folks, another clown brown stain hall. Strategic pillars and a regular dose of Robin thinking he is viagra for the soul. Where we see the overstuffed sociopaths telling us how great we are and how this is the best place on the planet to... — read more 

Any updates when this office will close?

Any update on this? People Managers have just completed their first 4 week cycle with it. When/will this be rolled out/announced to everyone else?

From the responses ... Wouldn't it be intriguing to employ an AI tool to analyze and tabulate the duplication of work across the globe? This would allow us to streamline the organization by reducing the excessive workforce that believes itself to be... — read more 

I was looking on LinkedIn for BNY jobs and saw several VP roles based in NYC starting at 66k. The range goes past 100k but you know anyone who takes that job is going to be around 66k. Compared to other places, there are plenty of VP roles that... — read more 

So I’m reading that the severance payment will be taxed around 40%. That’s insane! They are considering it supplemental income so right away there’s 22% withheld for federal, 7.65% SS/Medicare, and then depending on your state up to another 10%. NY... — read more 

Laid off today and just at a loss. I'm hopeful that I will find something better soon. I was shocked and disappointed.

What we already know. https://www.kornferry.com/insights/this-week-in-leadership/the-remote-work-gap-widens

How does the severance policy handle heath insurance benefits? It used to be that health insurance was provided for the entire sub-pay period. How about now with the lump-sum payment?

Any updates regarding releases in Oriskany?

Does anyone know of anyone in technology having been let go yet?

I understand the pain and uncertainty that comes with job loss. Having experienced it myself earlier in my career , I know it’s not a pleasant journey. The initial reaction often is, "Why me?" Many feel that they have been exceptional employees... — read more 

so here’s my question to all my layoff BNY friends. can someone please tell me why you have managers that do not know how to run to the department and do not know what the apartment does or how to do. The job gets to keep their jobs and us little... — read more 

after 12 years of dedication you’ve been told your position has been eliminated and you are leaving on good standards with BNY. OK BNY, can you tell me what’s supposed to happen now?

I knew my time was coming that I was gonna get laid off just wasn’t expecting it to be yesterday after 12 years of service. I know this is a good thing, but my anxiety is through the roof not knowing what’s gonna happen to me or if I’m going to find... — read more 

What does the package look like if you were laid off in the US but specifically Pittsburgh?

Is there a Company Wide Sick Out I heard already scheduled for March 3 ? Can anyone confirm participating

15 years of sacrifice and dedication, going above n beyond, building relationships and trust with colleagues and clients. BNY is showing they are not a company that cares about the Client and the service they deserve. They are getting rid of the... — read more 

Got laid off today. I was based at home. Been here for 10+ years. Received exceeds expectation most of my career here. Looks like they are cutting a check for severance and also a stipend for health insurance. Are we sure none of this is... — read more 

I am applying for anything that looks halfway decent and hoping things improve by the end of the month. BNY is a mess, and everyone knows it. Throughout my career, I have worked at several banks, and while none were perfect, I can confidently say I... — read more 

Also, including and adding folks to the list that have met performance but at the bottom of that category. What a joke this is, and any of the minion managers that just agree and don't fight back, your day will come too.

I heard that any employees that have some form of exception will be asked back with a 90 day period in March. If non compliant the position will close out. Also 4 days a week is coming soon for all employees.

Lost my job here a month ago. Got maybe 2 interviews out of 100 apps and havent landed a offer. Anyone else going through the same boat?

The week of 2/17 (2/18) the layoff is going to start. I heard about a 1000 but not sure.

Can I still take it if they found out? I was fired for low performance several years ago.

I have just received shocking news this weekend that a very popular colleague of mine was sacked from his in BNY last week. Recently we were told that we would be made redundant and this colleague was brought into a HR meeting and advised he would... — read more 

I have heard there are no layoff this year at all. Please relax and focus on work. And read this: https://www.dailymail.co.uk/news/article-14401973/JPMorgan-worker-ambushes-CEO-Jamie-Dimon-town-hall-work-home.html

I was fired for failing rto can I still apply for a different department after? My coworker told me there was an opening

The scuttlebutt is these are people who were set to be out on Tuesday. Partially mets, all of them. Bonuses were 50% or less. 30 days. Good luck on Tuesday folks!

...why can't senior management, including the CEO position? Surely, there are competent CEO types offshore who will do the job for much less than the local 'talent'?

Just not working so well for the 50 percent of humankind perched on the very edge of existence. The 'world' of course here refers to the 1%, who aren't satisfied with being merely obscenely wealthy. (As of 2024, the top 1% of households in the United... — read more