Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Endless meetings

I find myself worn out from back-to-back meetings that don’t even need to happen. It's like a never-ending cycle of pointless talks. How much time do you spend in meetings that really don’t move things forward? It’s like they just su-k the energy... — read more 

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| 6390 views | | 4 replies (last December 10, 2024)
Post ID: @OP+1vTuX41U

Is balance just a myth?

Sometimes I wonder if it’s even possible to juggle work and life anymore. Lately, it feels like work is stealing every moment, leaving nothing for the people who matter most. All I can do is hope for a better job soon.

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| 6670 views | | 8 replies (last December 10, 2024)
Post ID: @OP+1vRGb1cH

We know who blabbed in the Houston office

We found out who blabbed in the town hall a few months ago that led to the firings about the “working together” policy this past week in the Houston office(not sure if firings happened in the other offices). She works in asset admin and asked the... — read more 

Year end review ADVICE

If you do NOT agree with your year end review, DO NOT acknowledge it (meaning don’t respond with ACKNOWLEDGE or AGREE or whatever that response is that returns it into someone else's queue). BNY removed the option to add comments to your review. ... — read more 

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| 6840 views | | 5 replies (last December 10, 2024)
Post ID: @OP+1vQJe1rh

WFH release

Question- for people in locations where offices closed so they are WFH, I’m told the goal is to release….I see an EC member showing WFH as well as direct reports to EC….so will they also get let go?

Senthil has had enough

Isn't it funny how most Senior management replacements seem to be coming from Goldman Sachs..

Peakon Surveys - just another untruth

Let me preface this by saying I don’t care if my manager or others know it’s my comment. However, the email we receive every quarter states “Your identity is protected”, My manager could easily deduce it’s my comment however my identity is clearly... — read more 

Layoff month?

Tons of inconsistencies while reading these posts. I get it, there’s a lot of information , misinformation and given the mess at the top, a lot of changes. But, does anyone know if layoffs in non-growth areas will be in Dec or Jan?

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| 6700 views | | 6 replies (last December 5, 2024)
Post ID: @OP+1vO1iWQh

Vacation time..

So even though I was let go due to not meeting the working together policy(though I always was above model or on model and yes some times I stayed for a few hours and others did scan n go(my boss was pretty relaxed about it and told us didnt care... — read more 

For those leaving bny or have left

For those who have left the company or plan on leaving, where are you looking fof work? What type of jobs are you applying to now? Just curious what people out there are doing.

Office politics rule everything

If you're just starting out in BNY, here's the most important tip I can give you: get good at office politics. It’s the key to fast-tracking your career. Forget about merit, it’s no longer the driving force here. What really matters is how well you... — read more 

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| 6140 views | | 1 reply (December 4, 2024)
Post ID: @OP+1vLswdnS

I got a job offer

It’s less money, but it otherwise sounds like an improvement over BNY. I’m tempted to take it. I have been with BNY for four years now, and it’s time to leave. I don’t need to spell out the reasons to most of you. I got to the point where I would... — read more 

401k match

looking for inputs on 401k match . Can bny decide your last date overriding the min notice period policy ?

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| 5300 views | | 1 reply (November 27, 2024)
Post ID: @OP+1vGOalqh

I, for one, would welcome mass layoffs

About time to be pushed out when I’ve been too silly not to leave already all by myself. At least I would stop constantly thinking it through with my judgement being clouded by fear and anxiety. I do feel for people who really need this job. I do... — read more 

Collaboration

I will faint if I hear one more time: collaboration, taking risk, resources, take action, own it.

2025 LAYOFFS: no longer just rumors

I always take layoff comments/talk with of salt, as it usually depends on the department, location, how much you make, etc. That said, this time around, it isn't just talk: I received direct word from a well-respected manager that they are calling... — read more 

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| 13140 views | | 26 replies (last February 19, 2025)
Post ID: @OP+1vFo4Ksl

Managers 4 day office exceptions

On the FAQ for the 4-day office for managers, it said generally managers could not approve exceptions for people, but the guidance would come out closer to January. Does anyone have any knowledge on this? My team/department is really short staffed... — read more 

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| 6960 views | | 9 replies (last November 25, 2024)
Post ID: @OP+1vDMlgLz

I feel so discouraged

Started a new job and even took a pay cut for it just to get away from BNY and now I'm regretting it. I started on Monday and ran into problems immediately because HR hadn’t even finished my paperwork. My manager gives zero clarity on anything, and... — read more 

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| 6240 views | | 8 replies (last November 23, 2024)
Post ID: @OP+1vCciet6

P-M

Are there any layoffs connected to this platform model so far? Or rumors?

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| 6460 views | | 8 replies (last November 25, 2024)
Post ID: @OP+1vBrI8DY

Bonus and 401K Match if Laid Off

Do employees who are laid off receive a prorated bonus (or full bonus if in January)? Do they get to keep the unvested 401K match?

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| 6510 views | | 8 replies (last November 30, 2024)
Post ID: @OP+1vAPnTIZ

Location strategy Poole UK

Poole office. Staying open or shutting down? Hearing and seeing lots of differing opinions, does anyone know for sure or is it all heresay?

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| 6330 views | | 5 replies (last April 15, 2025)
Post ID: @OP+1vzt5wEd

JAN LAYOFF RUMORS

January layoffs rumors are hot and wild - Any insights Heard it is going to be massive scale

Same story, different company

Last week, a friend asked me about working here since he's thinking about transferring. He’s fed up with Wells Fargo due to too much work, a problematic manager, and an overall toxic vibe. I had to break it to him that we're no different. Truth is... — read more 

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| 6760 views | | 4 replies (last November 19, 2024)
Post ID: @OP+1vySha2N

Counter offers - Internal Mobility

I am currently on a J grade in Manchester, UK. Pay is not great. If I apply for a K/L grade and am successful, can your current manager make a counter offer to try persuade you to stay? I am wondering if this a good strategy to improve pay. .. — read more 

Salary Bands - Manchester J/K

Does anyone know the salary bands for J and K in Manchester, UK. Currently on 41K (J) and feel very underpaid. Also, presuming i'm low in the band, does this reduce the risk of layoffs?

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| 6570 views | | 7 replies (last November 24, 2024)
Post ID: @OP+1vwpVRvW

Next round - December or January

November has come and almost gone. Wave 3 is slated for March 2025. Jan 6 is the beginning of the PI Planning. They need to carve out the structure before that. With lean December - with tons of employees on vacation schedule and the 2 weeks... — read more 

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| 7850 views | | 5 replies (last November 20, 2024)
Post ID: @OP+1vvK6hCp

Notice period

Does anyone know what potential consequences they try to enforce if you do not adhere to the proper notice period when resigning from your role?

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| 7190 views | | 7 replies (last November 18, 2024)
Post ID: @OP+1vvB14yE

Any layoffs in November

Are there any layoffs expected related to RTO or other factors? I know they have to match the 401(k) by the end of November or in December."

BNY is in rapid decline

The energy’s completely drained, and morale's nosediving fast. Top talent is leaving in waves, smartly jumping ship as things get worse. Now we're stuck with a shrinking group of less experienced, anxious employees watching it all unravel. And it's a... — read more 

profit über alles

over people over longevity over stability over risk over trust

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| 5750 views | | 2 replies (last November 14, 2024)
Post ID: @OP+1vtS9tTA

Location Strategy….. Edinburgh

Any news on Edinburgh in the location strategy? Building being sold and potential buyers appear to be all hoteliers, so it won’t continue past 2026 as a BNY site. Are they searching for new premises? Or just close the site? With people... — read more 

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| 6260 views | | 7 replies (last January 21, 2025)
Post ID: @OP+1vtQOiAl

VIP points

Any word on whatever the 1k VIP points will be a thing this time around.

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| 6700 views | | 8 replies (last December 17, 2024)
Post ID: @OP+1vsNCD1I

Merit increases

When do learn what our raises are? When do the managers put in the percentage and how bad is it this year?

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