I've seen BNYM horrors... horrors that you've seen. But you have no right to force rank me. You have a right to fire me, lay me off. You have a right to do that... but you have no right to falsely judge ‘does not meets’ on me. It's impossible for... — read more 

Heard it on the grapevine that Bridget is going to Wells.

Anyone still gotten theirs yet? My manager said the deadline for doing that is sometime mid July, I’m worried

I don’t know how’s for the rest of you, but I think I fell into the worst group of people ever. Lead is incompetent and rude. People in the team create tensions every day, most are trying to offload work on others. There is an inordinate amount of... — read more 

This is a dead-end job. It wasn't always, but it is now. When's the last time you saw somebody promoted because they earned it by being good at their job? I can't remember. All the promotions are given to kissasses. I'm personally not willing to... — read more 

Why do the layoff deniers insist on endlessly trolling this site, posting the same comments over and over again? What satisfaction do you gain? I'm honestly curious. There has to be a more worthwhile way to spend your time.

I actively discouraged a friend yesterday from applying for a job opening here. I couldn't in good conscience let him make that big of a mistake without saying something. I don't know if he'll listen to me, but I made sure to tell him everything... — read more 

Time is now to leave this company. This is the way.

head of investments

The McKinsey implementation of the Platform Operating Model is choatic, unorganised and is only creating more strain on the firm. Led by megomaniacs from McKinsey who have promised Robin 10% headcount reduction as part of the transformation. Run... — read more 

Any direction whether all promotions are annual? What about non-manager title. From associate 2 to senior associate. If in one role 3 or 4 years can you be reviewed to be moved to the next level

Not really an expert on the topic of AI, but I have a strange feeling it’s being sold to companies on a promise of capacity and potential which isn’t there. Designing reorgs and layoffs so extensively around it can easily become one of the stupidest... — read more 

I'm just curious if everybody is as miserable as I am.

It’s too late for that group. Once Roman took the helm and hired Mike J and Suzanne M, the three of them did damage beyond compare. Clients became dissatisfied and we couldn’t win enough new business. They created an environment in which talented... — read more 

So, excited about Micron? Guess what? 20 years ago, BNYM was the Micron in the area. Your politicians get these little bumps when new business is introduced and don’t care what ultimately happens with the companies. Think about that at the... — read more 

What is everyone hearing about severance packages?

Anyone else seeing zero AI built into this project when that is literally the whole point of it ? How do you touch a manual process you know nothing about and convert it to another manual process in a different tool that does not work and upper mgmt... — read more 

10-15 years ago, there were no on-site Pune people. Now, there are many. 10-15 years ago, Poland did not exist. Now, they are a growing component. All the layoffs, closings, rebranding, execs quitting/"retiring", and ESPECIALLY the Pune (and Poland)... — read more 

What's up with that? The last comm said she would stay on till Sept. to "support a smooth transition". Is she being forced out by RV?

We've known this for years. https://www.post-gazette.com/business/development/2024/06/27/bny-mellon-center-metlife-investment-grant-street/stories/202406270056

What groups are targeted?

With the continuous offshoring, AI bullsh-t, greedy yet completely incompetent mgmt, but still expected to work like the future of planet Earth depended upon it and paid, well, not really that much, future is bright!

Fund Services management has instructed us to give positive Peakon scores (9s and 10s) because the Peakon scores will be part of their performance reviews. They don't want to look like things aren't going well especially as the scores go further up... — read more 

Bumped until after the 4th of July. Any guesses why? Departures, big changes, other news I'm unaware of?

Anyone know the percentage for mid year forced rating?

Forcing experienced employees out in favor of cheaper, less experienced overseas workers does nothing to power our culture or clients.

thoughts?

On my own accord. I can’t go through these endless layoffs anymore, first being scared that I am next, then feeling relief, followed by regret that I wasn’t actually fired. This is not an efficient and balanced way for a human being to work, live or... — read more 

Was she fired?

Approximately 7 employees in MarComm were laid off on Friday, some in NYC, some in Pittsburgh.

Good Afternoon, My name is Rachel Dalloo and I am a Reporter with Financial Advisor IQ at the Financial Times. I am reaching out to see if there is anyone who was recently laid off from BNY's Pershing and its practice management consulting team... — read more 

I missed RTO by one day last period for the first time due to an oversight on my part. Will I be terminated?

dashboard is down / not accurate again.

https://m.independent.ie/business/bny-agrees-deal-to-move-into-marlets-shipping-office-building-in-dublin/a1564899595.html With the cost of staff in the Dublin office, this makes no sense. Are the C-Suite folks in Dublin shutting down the other... — read more 

Back in the layoff era…of 2000 to We displaced 10% per year, every year, no exceptions

Does anyone know how important these reviews are? If for example you get off-track a criteria, are you likely to be cut in the autumn? Or is it only the end of year reviews which really matter?

She reminds me of someone who is used to talking to kids all day long. Her tone, voice and general demeanor is like a burnt out kinder school teacher. Condescending as the day is long. The attitude of inside joking is boring at best. There is no... — read more 

pathetic all of these lackeys rushing to LinkedIn post how great this rearranging of the deck chairs waste of money is. And these managers sending out emails talking about how exciting this change is laughable

The problem is less the number of people let go, as the quality of the people let go. BNY training and resources leave a lot to be desired and to take people with years of knowledge that isn't in any trainings offered here and lay them off with no... — read more