Does anyone feel that their division head is impersonal?
Quality worker versus “favorites”
I was laid off the other week. I’m ok with it but laugh to myself, it’s not all on performance. I managed my clients, hit targets but wasn’t liked by x-x. Meanwhile you have people who don’t directly take on work versus use BNY Mellon to promote... — read more
Layoffs this week?
Were there any layoffs this week? Previous posts indicated action was planned for week of 9/16.
Stock Price!
Robin and team gonna get paid big time for the share price.
BNY Whistleblower
If BNY is enforcing RTO policies to their employees, they should also 100% enforce the rest of their policies when it comes to compliance related matters of the business. I have seen soo many report policies be broken to the point where if the SEC or... — read more
What's going on with promotions?
Is it just me, or has the whole company hit pause on promotions without letting us know? I was promised one over a year ago, and still nothing. Every time I ask about it, I get the same "don't worry, it's happening" line, but then... radio silence... — read more
I Have a Huge Following
Hi everyone I was recently fired due to incorrect information in my RTO. One thing BNY didnt know is that I have a huge social media presence and will be posting about this horrible new RTO system soon— stay tuned. Anonymous
Feedback system randomly selecting raters
This new feedback system is automatically selecting people to give me feedback. Some of whom I rarely interact with in my role. Wouldn’t it make sense to choose people that we regularly collaborate with to make feedback more effective? Is there any... — read more
Bonus Talk This Year
Not only did we provide you free coffee you also got free ice cream! See you next year!
Think twice before quitting
Many who leave end up regretting it. The grass may seem greener, but it often isn't. I'm not saying not to quit, just don't rush into it. Go ahead and downvote this, but you know I'm right.
So many layoffs at bny
How is BNY staying out of the news? All of the major banks have announced layoffs yet there’s no news for BNY even with the endless layoffs this year. Is it because the US jobs are being transferred to India so it appears the total head count remains... — read more
Questionable promotions
There's been a strange surge in promotions lately, with employees who don’t seem to know how to do their core jobs. And when someone lacks the knowledge, intelligence, or experience for their role, they get defensive, especially when they feel... — read more
What's out there for us older folks?
With so many folks in our later years facing layoffs these days, it seems like companies aren’t too keen on hiring any of us. I'm curious - what are some of you who are in the age group of 55+ doing to land new jobs? Are there any opportunities out... — read more
This place
Is literally su-king the life out of me. I dont know whats worse. Having to deal with my team, business partners or manager who all know nothing. And none of them listen to anything either which makes logging on dreadful cause its same sh-t everyday — read more
Archer
All the layoffs have been to fund the new acquisition
Reflection
Was reflecting lately. 3 years ago I had a talk with my manager. Manager: “we want to promote you” Me: “no thanks” Manager: “….what…” Me: “I rather use the time to focus on other things” Manager: “you are insane, you are lazy and lack engagement” *... — read more
Everybody is making cuts and offshoring
I want to leave this horrid bank, but I don’t have that many great ideas where to. I guess it would be smart to leave banking altogether.
Is there anything that can be done to protect myself from layoffs?
I'm sc--wed if I lose my job, but I don't know if there's anything I should be doing to try and minimize the chance of being cut. Let me say from the start that I know full well that the chance will never be zero, but whatever I can do will help my... — read more
Outsourced Robot Layoffs
It’s bad enough to be replaced by inexperienced offshore labor but to add insult to injury, the layoff process is being conducted by an outsourced, 3rd party firm? ( I presume offshore). This is beyond the pale. No call with my manager or his... — read more
Who decides?
Who decides who gets laid off when a team needs to make cuts?
Thank goodness for the email updates
I don’t know about any of you, but I feel so much more determined and ambitious after Emily’s last email telling us about her Gorilla encounter. Must be nice. The silverbacks take better care of their colleagues than we do.
Analysts
Anyone know why we’re being forced to take them on teams when they are set up for a 6 month rotation then move to another team. How is that beneficial or helpful to teams who need staff?
Slip rto and get fired with or without severance?
I'm Nervous. I average above model every month, and I went on vacation last month and thought I would be on model, but I ended up below model. The manager does not like it, and I'm assuming I'll be on the chopping block next. Did anyone who got... — read more
I hope there is another layoff round
I am currently at the point where I'm anxious to get laid off.
Growth center Pittsburgh SEEMS safe from layoffs
Also-if you are in a department that deals with documents that originate from the IRS, there is zero chance that Pune or Poland would take over, as those documents would not be sent there, then on to clients. My daughter who works for a competing... — read more
Labor Day
How many people laid off last week in the US will be celebrating? The irony. Here I thought RV was a dollard.. Apparently he does have a sense of humor.
Nasty business
Taking advantage of the new analysts is nasty business. Treat them well.
The best manager I've ever had left last week
He was about the only thing keeping me and several of my teammates here. We're all about ready to leave after this. Why they would let him walk away is beyond me.
Caution to the new RMs and analysts
I know, I know - you are fresh out of college and this company with a big sounding name wants to invest in you and make you an RM or analyst. What a great opportunity so early in your career! Yay you!! Except here's the problem you need to think long... — read more
Wells Fargo employee found dead at office desk four days after clocking in
Looks like someone found the ultimate hack for perfect attendance? https://www.usatoday.com/story/news/nation/2024/08/29/wells-fargo-worker-dead/74995789007/
Federal and NY state WARN violations.
I encourage all those recently affected by layoffs to contact NYS DOL. Undoubtedly, the bank will have a contingency plan in place but it’s still going to cost them reputationally and financially. It’s possible everyone will receive additional... — read more
What are people hearing about severance packages in 2025?
Hearing that 2 weeks per year is changing to 1 week. Anyone confirm?
Just another 5 mill
https://www.reuters.com/business/finance/bank-new-york-mellon-pay-5-mln-over-swap-reporting-supervision-failures-cftc-2024-08-26/
2 Day Early Direct Deposit?
Does anyone receive their direct deposit 2 days early, and if so, approximately what time of the day do the funds become available? I bank with Citizens Bank for reference
US Corporate Trust
Is in serious trouble. Currently being run by senior managers in EMEA who don’t know the business at all and they just got rid of a bunch of the US folks who did. These people think that all of corporate trust is the same and run it just by... — read more