Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Any thoughts on more layoffs?

I’m wondering how next year will play out. Should we brace for layoffs in the first quarter, or will we get a brief reprieve before they start cutting people again? It’s sad that the question has shifted from "Will there be layoffs?" to "When will... — read more 

What does severance/sub pay look like?

I got two partially meets on my EOY review and am fully expecting to be part of a RIF in Q1 of ‘25 or put on a “PIP or leave” I’ve been working here for a year, what can I expect in terms of severance/sub pay (granted I even am provided this)? What... — read more 

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| 8310 views | | 6 replies (last December 26, 2024)
Post ID: @OP+1w7tsCOw

Raise -Bonus

Does anyone know if the raise/bonus pools are up,down or the same?

Partially Meets

Give it to me straight - how likely is it that I’m getting laid off if I just got a partial YE review ?

This is just a transitional job

If you came here looking for good pay, career opportunities, and reasonable hours, you’re in for a disappointment. If you have hopes or expectations, they’ll just squeeze the last drop of energy you have and then unceremoniously kick you to the curb... — read more 

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| 7650 views | | 3 replies (last December 22, 2024)
Post ID: @OP+1w5shTdz

Salary Bands - Manchester J/K

Hello, does anyone have the salary bands for J and K in Manchester, UK. On only £41500, was wondering if right at the bottom of the band.

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| 7840 views | | 3 replies (last December 21, 2024)
Post ID: @OP+1w43hw15

Counteroffer

Has anyone accepted a counteroffer to your resignation from BNY with any of the promises coming to fruition?

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| 8200 views | | 3 replies (last December 22, 2024)
Post ID: @OP+1w4TTZsD

Another non-informational FYI at Pershing

Another FYI with expectations on P*M updates but nothing new. Same slide and one with a few names / pics. One interesting point in a timeline slide - there is some "HR work" happening in Feb. Sounds familiar? Is to be interpreted as a month for RIF?... — read more 

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| 8820 views | | 5 replies (last December 20, 2024)
Post ID: @OP+1w300PfI

Moving more to India

Little by little, our dept has been moving more and more to India while issues persist and clients complain. Do they not care anymore to have clients as long as sub par wor is done offshore?

Manager Posted My Job

I came across a job posted yesterday by my manager for my exact role in a “strategic” location. This also happened earlier in the year with a previous manager and it ended up not being an issue (they backfilled for someone who left but it was at a... — read more 

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| 9190 views | | 6 replies (last January 2, 2025)
Post ID: @OP+1w2jduEJ

Man, you guys might even be more dysfunctional than WF!

It seems as though the forced ranking bs is happening here too. You guys sound almost as misrable as everyone on the WF page. Sounds like executive group-think has made banking miserable in general and we may all need to think about finding a new... — read more 

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| 9290 views | | 8 replies (last December 22, 2024)
Post ID: @OP+1w2uAc9v

Bands

What is the top of the salary band for a K?

by
| 9380 views | | 8 replies (last December 22, 2024)
Post ID: @OP+1w23fJiD

Promotion

Do you have to exceed expectations in order to get promoted?

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| 8770 views | | 6 replies (last December 23, 2024)
Post ID: @OP+1w1cnpmh

Fired for not meeting the in office requirements

I was fired for not meeting the in office requirements, I was doing duties that were not in my role description for a below market salary compared to other companies. TBH they could have fired me a long time ago because I was not showing up to the... — read more 

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| 11350 views | | 25 replies (last December 28, 2024)
Post ID: @OP+1w17PoIs

Doing less and living better

The past few months have been life-changing. I stopped trying to juggle three people's jobs, and my mental health has skyrocketed. If cutting back leads to getting laid off, so be it. I’ll take the severance and move on. My next job will have to come... — read more 

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| 8960 views | | 4 replies (last December 22, 2024)
Post ID: @OP+1w0Nnph0

Back to office full time

Is BNY Pershing returning back to office full time next year? I know JPM is, starting in February. I do not work for either firm but may be looking to make a move next year, so I am curious if it’s been announced yet at BNY Pershing.

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| 9910 views | | 8 replies (last December 22, 2024)
Post ID: @OP+1w0PGTfo

A manager's thinking when it comes to who to eliminate

When they say your role is eliminated, we know it not really true. In a team with multiple associates have same roles and responsibilities, how did they pick person x vs person y? My manager has a theory. They think someone with a higher demand... — read more 

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| 10330 views | | 18 replies (last December 28, 2024)
Post ID: @OP+1vZUixEx

The next target location for closure

Oriskany offices were closed in December 2023. Oriskany has been taking heavy hits in each layoff round since then. Which office site is next?

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| 11410 views | | 24 replies (last December 22, 2024)
Post ID: @OP+1vXYj0BZ

Evaluations are ridiculous

Like everything else. When you find yourself on a chopping block, it’s never because you didn’t work hard, or didn’t have good results, or were lacking skills and expertise. It’s because you lost in a numbers game. So don’t worry about whether you... — read more 

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| 10090 views | | 3 replies (last December 14, 2024)
Post ID: @OP+1vXOz4Cf

Promotion Policy

Has anyone else heard the proposed promotion policy change? 1) in line Promotions can only be given to employees who received "exceeds expectations". 2) Employees can no longer apply out of their job to achieve a higher grade level. If an employee... — read more 

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| 9110 views | | 5 replies (last December 16, 2024)
Post ID: @OP+1vX96D6n

North Pointe Data Center Sold

I noticed no one commented about the data center being sold/closed. An article about that was in the Pittsburgh Tribune Review on Wednesday.

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| 7910 views | | 3 replies (last December 19, 2024)
Post ID: @OP+1vX2cTXT

What’s wrong with Phoenix University?

I noticed many answers on this forum make fun of its graduates. Why? I confess, I did not graduate from any school in US, I’ve done my studies in Europe.

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| 7930 views | | 4 replies (last December 21, 2024)
Post ID: @OP+1vXpnu9G

So no mass layoffs before Jan 25?

At least that seems to be the consensus. Not that it provides any solace. January is right around the corner anyway…No rest for the weary.

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| 8550 views | | 4 replies (last December 14, 2024)
Post ID: @OP+1vWeHtss

Key word from your Year End Revie

I suspect few “acceptable” PC action items have been pushed down the pipes as directives from top management. Let’s share what the keywords are that were recommended in your Needs Improvement/Can Improve category during your year end…

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| 8420 views | | 3 replies (last December 13, 2024)
Post ID: @OP+1vW1i87V

Culture of no respect

So many of these posts illustrate that the culture here is the worst thing and this might not seem like the biggest deal but it also illustrates how terrible this place is when it comes to respecting other people. I can’t tell you how many times... — read more 

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| 8290 views | | 9 replies (last December 14, 2024)
Post ID: @OP+1vWUrB4x

BNY Branding

Just wondering what offices got the new "BNY" Branding and when it was installed. If you could just comment your office and if you got it and when. Thanks

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| 7200 views | | 7 replies (last December 28, 2024)
Post ID: @OP+1vVpEViO

Layoffs

So when is the next round of layoffs? Or are they complete with the ones done in December? Or are more to come this month?

Work from anywhere not applying

The work from anywhere days I applied last week are not updating in my RTO tracker. Neither is the vacation I have scheduled for later in the month. I really don't want to come in 9 days this month as I saved work from anywhere for this month.

TS “Recognition” Townhall

So much for recognition. Having to sit through management patting themselves on the back especially in the P-M. All focus was on India, APAC, and the Engineers in P-M. Zero call outs for the individual contributors making the customer experience... — read more 

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| 7810 views | | 4 replies (last December 11, 2024)
Post ID: @OP+1vUzGG2O

Leaders keep churning in the Agile practice

Another big exit announced this morning. They are making folks leave who actually care about this place and its people without a remorse. Head of Agile is so out of place

Unique recharge period…

…like the Mafia guys who wine and dine you before- you know. Heavy layoffs coming up, so they want you to enjoy the holidays before the returns LOL!

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