Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Working together and next layoff

I haven’t met RTO working bull**£& together requirement for 2 consecutive months because of transportation issues, but I have completed all my work and received positive client feedback. Am I doomed and should I worry about next layoff round? When is... — read more 

Office swipes on Saturdays?

Can I go into the office on a Saturday and have it count as a day towards RTO if I am primarily a M-F employee?

Why would any of us want to stay here?

Job security and growth are both nonexistent. Pay is subpar. Those are the three main things when it comes to a job. I honestly don't understand how more people are not looking for a way out. I am, and it can't happen soon enough. In fact, I'd even... — read more 

Sick Days

If resigning, can I just keep calling in sick during my notice period?

76 Managing Directors from Engineering

I am one of the Operations senior managers from Pittsburgh. I heard there will be 76 Managing Directors from Engineering will be laid off by the end of April

Can you request to be laid off?

Does anyone know if it’s possible to request to be laid off, and how would that impact your chances of receiving Supplemental pay and unemployment?

COMPANY CULTURE GOES TO DOGS

VERY BAD CULTURE. We used to speak very openly. EVERYONE is scared at all levels. No one know when their turn is and only favorites (GS people) will stay and everyone will leave. CIO will be gone soon. P-M model su-ks. No one knows what to do but... — read more 

30 day notice

To anyone in the U.S. that was forced to sign the attestation that you need to give 30 day notice if you quit and you’re VP or above (or more, depending on level) …. Has anyone here quit and not given that amount of notice? If so, what happened? I’m... — read more 

Redundancy payment in UK

What is the standard discretionary redundancy payment BNY Mellon gives UK employees (on top of statutory payment)? Please don’t comment if you don’t know the answer / just being unhelpful. Thanks

QUESTION: Ratings on year end review

For anyone laid off in 2024 and told your position had been eliminated, did you receive a ‘partially met’ rating which according to the updated HR policy prevents you from being rehired by BNYM?

Target bonus versus actual?

Can anyone elaborate on the target bonus versus what actually gets paid? I had an interview where I was told the role’s target bonus but then told no one ever gets that amount. If the target is 27%, what typically do you receive?

WTG dashboard

anyone notice issues with the WTG dashboard numbers with today update ? required Min days went up for prior reporting periods already settled- valid absences removed from the data calculations that were there in the detail data sheet last week

Name Change

They should really update the name to just “The Bank” or “The Bank of Anywhere But NY” because they have basically removed all traces of BONY and Mellon. RIP BNYM

Zoom Cameras On

Policy now to always have cameras on? They looking for passive aggressive ways to make you miserable from WFH

17000 India based BNY employees. Wow

A recent linked in post by Emily says there are 17k India based employees. This translates to one in every three employees or probably more than half of Ops & Tech employee base for this US based G-SIB. I wonder how high this number can go? With... — read more 

I'm petrified of layoffs

I struggle with interviews and I tend to completely bo-b them. The idea of having to deal with that entire mess when the job market is as tight as it is right now is keeping me up at night. I keep hoping we'll get some signal that layoffs are done... — read more 

New RTO rule - 2 strikes and goodbye

Have anyone else the email that starting from new RTO reporting period ie feb thru April if you fail to meet 2 RTO numbers in a 12 month period it’s termination

Retirement Red Flag Global Crisis

Larry Fink Says World Leaders Must Address Growing Retirement Crisis https://www.wsj.com/finance/investing/blackrock-larry-fink-annual-letter-8484e68e Huge workforce retiring without enough socials and 401 k in their accounts to survive their rest... — read more 

Instead of laying us ops off

Instead of keeping to layoff people in ops, can I make a suggestion. Invest in tech and layoff the people responsible for accounting technology -who helped contribute to last months investone accounting platform outage/production issues

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| 8130 views | | 5 replies (last March 30, 2024)
Post ID: @OP+1rKgsQGA

McKinsey Exposed

https://youtu.be/AiOUojVd6xQ?si=d8SOsJVGnLX7XVqq

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| 8620 views | | 6 replies (last March 27, 2024)
Post ID: @OP+1rHnW633

Unemployment VS BNY Mellon SUB pay

I haven't read through my separation agreement. I’m still in shock. Does anyone know if my BNY Mellon SUB (Supplemental Unemployment Benefit Plan) pay is reduced if I get unemployment payments? I got two weeks for every year I was employed. — read more 

BNY leads in AI Deployment

https://blogs.nvidia.com/blog/bny-mellon-superpod/ BNY Mellon, First Global Bank to Deploy AI Supercomputer Powered by NVIDIA.

Great employees get more work while others coast by

I’m constantly receiving extra work from my colleagues while my manager keeps making excuses, especially when there are higher-level colleagues who do less and get away with it. This is how great employees leave the bank. Fair and equal treatment... — read more 

Let go today

I was let go today but haven’t received my separation agreement or any information yet to my personal email. How long has it taken for others who have gone through this process?

Operations Town Hall

What are your impressions of the town hall meeting? I perceived a strong sense of accountability and commitment to positive change with Richard's involvement. Do you agree?

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