I was hearing managers are already asked to drop some people. I noticed some groups already 1-2 people smaller. I can count at least 3 groups in past 2 weeks

Post your salary and grade. I am K grade, NYC, $102K

Almost 30% of the workforce will be eliminated, and within risk management, Vince will bring his old trusted GS folks

Roughly 40% of workforce being let go. Mostly grade HH we were told today sad to report!

Trying to get rid of non-programmers.

Rumor is the 2 to 3 day in office mandate will be 3 for many departments , including technology in 2023. Say that coming. What a sh*t company.

I have from a reliable source that raises will be sub 3% as usual. These people have the audacity to call a negative real pay raise a “merit” increase. Meanwhile, other companies are giving out extraordinary inflation raises out of time of year end... — read more 

People are stretched very thin, working so many extra hours for little reward. Benefits seem to dwindle more and more every year. Internal websites get clunkier and clunkier every month (most infamous is the oracle HR website) and are difficult to... — read more 

What is going on here? I've never seen leadership (mostly just the person in charge) berate and abuse teams so much in my entire career. This isn't humane, nevermind sustainable. Is there any hope left?

What does it mean my rating will be effected if I choose not to come back to the office?

Rumor this week that the firm is exploring early retirements/buy-outs/etc. This is new and not the normal layoffs they historically do a few times per year. Anyone knowledgeable on what they will entail?

Mass Middle Management layoffs planned in March 2023, remote work exposes widespread lack of requirement

Some say that the matter of returning to the office is actually a matter of control over us. How can I agree with that when I feel more micromanaged while working from home than in the office!? Do others really feel much more micromanaged in the... — read more 

High compensation, free education, path to US citizenship, legal help and many other perks offered to those able and willing to meet requirements of RT Group.

Is it two, or is it three? If I am just doing 2, am I meeting the expectation? How many pieces of flair do I need to wear, Stan?

Yes mid-year reviews happen in July Yes year-end reviews are due 3 months later Yes it all occurs on literally the worst website ever created

Can’t wait to donate to the banks PAC so they can bribe politicians to continually push HB1 workers and fight against capping OUTRAGEOUS executive comp They suggest I donate basically 50% of last years raise. Tone deaf

Anyone know what types of jobs there are for attorneys at the PGH office and if so what lines of business etc.?

The mass exodus continues but that doesn't seem to worry our leadership at all. It is simply unbelievable to me that they are letting the best people go to the competition so easily. Does anyone know if they even tried to keep someone from leaving? — read more 

How is someone like the CMO of Investment Management still here? spends millions on vanity projects that do nothing to help grow the business. On right the good people leave or are laid off… terrible leaders like her stay on. That’s BNY Mellon. She... — read more 

Has Anyone got the boot for not coming back to office?

http://www.shadowstats.com/alternate_data/inflation-charts https://www.highereducationinquirer.org/2020/05/lets-all-pretend-we-couldnt-see-it.html

anybody can share how to shorten the two month notice period? It is just insane. Every other companies I worked for only require two weeks, but BNY requires two months for my level.

There are many rumors about layoffs that have been circulating here. I had a little discussion with my colleagues about whether more significant layoffs are inevitable and the opinions are very divided. What do you think? In any case, BNY... — read more 

Bank of New York Mellon BK +4.97% earnings surpassed analysts’ expectations, joining other lenders in helping to boost investors’ confidence in the economy. The bank (ticker: BK ) on Monday reported adjusted earnings, which removed a goodwill... — read more 

Lipstick on a pig?

Is there a way to see another colleagues job Grade and/or title?

Another round of redundancy is ongoing in Europe. Employees with years of experience and knowledge are cut to lower costs. That’s how short term shareholders get more but in the long term all knowledge and experience of and for clients are gone. — read more 

Whilst the villagers toil and suffer; RT Group has no real oversight. Budget in 8 figures

In any case, I think that at this moment there are more people who would gladly volunteer to get laid off, than those who want to stay here and go through enormous stress every day. Am I wrong?

Sorry to say there will be a massive layoff round come January, unprecedented in scope. Feeling is to get ahead of global economic crash being foretold by many. This has been confirmed to me by 2 people I trust. Major push to hire massive amounts... — read more 

BNY Mellon today announced new enhancements to its securities finance platform to help clients analyze their agency securities lending program alongside their sustainability goals. The announcement comes as stakeholder demands for increased... — read more 

Let’s just say the current CIO’s accomplishments in the area of automation are quite a bit closer to zero than the board is comfortable with.

I worked my tail off for years at BNY but i was told I never exceeded expectations and that I would have to wait another year before I would be considered for a promotion. Since my talent was being overlooked I decided to apply outside the company... — read more 

Venting is good, but venting does not solve any problems. It is best to try to find something new. I have some colleagues who openly complain, but for some reason do not do anything to find a new job and leave this place.

Quiet firing is when management makes a workplace unappealing in the hopes that an employee eventually quits. This concept is a passive-aggressive approach to performance management. Rather than confront an employee and terminate the team member or... — read more 

Tough day in AS Ops.

This is a terribly stressful period, and the worst thing is that I think that after the layoffs, the stress level will be even higher. How do you even do your job in these conditions? I can't focus on work at all. Tons of work, difficult manager... — read more 

I hop many overpaid and do-nothing executive managers, senior group managers, and managing directors get fired and their big $$$$ salaries partially saved and partially used to properly compensate and retain real hardworking employees. This would be... — read more 

You know, when you find another job outside but you tell your manager and they can offer more money for you to stay? Is that still a thing here?