#badmorale

Are dogshit. I’ve been labeled a high performer for over a decade and even got ranked high in our old system before the previous one. Now all of a sudden I just “meet expectations” in the new rankings despite hours spent working like a dog into the late evening hours and on weekends, taking on even more work after all these layoffs to make up for the management committee’s poor judgment and lack of understanding of how their own organization works.

This is an obvious ploy to reduce bonus $$$ across the board because they are too scared to do more layoffs right now because they know morale has completely collapsed and so many parts of the organization are bare bones skeleton crews or outsourced.

They are banking so hard on AI clearing out their labor costs while not thinking about what happens when AI runs everything instead of humans: no differentiated investment perspective, AI slop marketing and ads, AI slop internal communications, AI “ client services” that are the exact same as every other AI at every other asset manager.

I truly don’t think TRP can dig itself out of this hole, it is way too far gone. And it will take a large portion of the Baltimore City and County tax base with it. Yet our government leaders have nothing to say about one of Baltimore’s largest employers becoming essentially a hollowed out shell? If I were the mayor I would be having some discussions with Rob Sharps right about now.

BNY su-ks. It’s full of JPM career coat holders now. I hope it fails miserably

I worked here for 29 years and had some medical issues and went on disability to try and get seizures under control. When I ended up being out for a year they fired me. I didn’t get any packaged and was just told thanks for your work.

This place was a joke to work for. I was always rated a 1 or 2 for yearly reviews and of course no money to get a raise. I went 7 years no raise and tried to take overtime away.

that's the post

Every single person I know would rather take a package than continue working for this company. Including my entire team, my leader, my leader's leader, my direct reports, everyone. We are all pretty open and vocal all around about it. There is zero trust and faith in the ranks above. And if they were to be honest they probably would want a package.

This is such a terrible miserable place to work. No direction and no viable purpose in any processes. A lot of aimless nonsense. But they are going to pay us to leave. They want us to give up and quit. But not going to happen. Let's get those packages handed out and show us the money!!!

Doing the job of three people for the pay of one is not what I signed up for in the first place. I really wanted to work at Disney and getting this job was a dream come true. Boy, was I disillusioned fast. One big family my a-s. It's a well oiled employee-using machine that doesn't give a damn about you.

I’ve been a tech for 38 years and I have to say this is the worst I have seen it. What a shambles this place is in. Managers living in fear of being canned on a daily basis, rudderless at the top, people sitting behind desks following techs around with GPS and nitpicking every little thing they do, every department is disjointed and disorganized. It’s a sad state of affairs. Wishing everyone the best during this insane time.

Ramon says it’s your execution.

Countless other articles point back to failed executive leadership

Ramon seems intent on self preservation and gaslighting his employees

One thing that is true is employees overwhelmingly believe executives are not providing a clear direction or have the right plans to improve business.

Now people are hoping they are the lucky ones to be given the severance package.

Ram now wants your feedback.

Ram - the analysts are correct, your people are defeated, and the plans are unclear.

PEPNA is a bad idea. PepsiCo has failed under vertical integration. We are are getting outmaneuvered by companies who can specialize and adapt. We are too big and carry way to many priorities. To many silos, to many internal obstacles.

It’s time to hand the keys over to operators.

Hope it happens soon.

Just remember what they did to you the last 5 - 6 years.

Literally disgusting behavior. Our director does not travel for work he just chooses to do whatever he wants while treating the team like garbage. Half the time he is god knows where calling in on his cellphone and sending IMs rushing you on stuff when he doesn’t even go to the office and does what we he pleases. He doesn’t even have to login on his computer and just calls in on his cell phone but he tells us to have nonstop clicking and keystroke 8+ hours a day and to bring our computers everywhere.

And yes he is exactly the ethnicity you are guessing. Also he is a bald faced liar. He shared a deck that our cycle time was 5 days to leadership when in actuality it is 2 months and they ate it up. Team is a disaster as he’s constantly playing games, laying random people odd, then hiring new people and re-org every few months. Literally an example of the type of rotten ‘leadership’ that had made this place a joke. I’m so tried of liars and conmen like this.

They are literally ki-ling with unwanted questions in the name of customers and customers really don’t care about this company

Soon this company will be sh-t place

The severance package gave me some financial breathing room when I was laid off, but it hasn't made the experience feel any less personal. I cared about the work and gave PepsiCo years of my life. Being let go with almost no acknowledgment has left a bad taste that the money can't erase.

Comments on this forum Ageism is real at BNY, as commenters describe it like a corporate stress test where leadership keeps turning up the heat to see how much fear, uncertainty and doubt the workforce can tolerate. In literal and legal terms, age discrimination means targeting workers forty and older for reduced opportunities or termination. Inside BNY, the pressure starts in the forties, becomes a flashing warning light in the fifties, and turns into a countdown clock in the sixties. The message is clear. As your career matures, leadership sees you as a cost to eliminate rather than a capability to leverage.

This behavior is not just bad management. It is corrosive to employees’ mental and emotional well-being. When people learn that tenure, knowledge and loyalty are liabilities, they stop trusting leadership, stop believing in the mission and start bracing for impact. It is also bad for business. Purging experience weakens judgment, slows delivery and erodes client confidence. And it is bad for society. Companies that treat seasoned workers like disposable parts contribute to instability, insecurity and a culture where careers have an expiration date.

BNY’s age bias exposes the gap between its public image and its internal reality. Awards like America’s Most Innovative Companies, World’s Most Admired Companies and Most Just Companies imply a workplace that values people. Yet the internal signals suggest a company that values churn, cheap labor and short-term savings.

Experienced workers do have protections. Document patterns, save emails, request written justification for role changes and consult employment attorneys who specialize in age discrimination. When leadership de‑values experience, the law becomes one of the few instruments employees can rely on but only after hiring a good attorney. It's sad when employees have to resort to their own legal tactics to defend their career and lifetime dedication to the company while leadership and institutional confidence continues to go even lower.

Do not waste your time and effort here - do not shed your blood and sweat - those minting gold and diamonds at the top have only job to do and that is to save their own as by firing hard working associates over and over - they are going to do this every month - this is the absolute truth - believe nothing else - run run run - stay while you can doing nothing because even if you do it will never be valued , run run run the place is all fckd up - too deep in the dirt , never rising back again - it’s done , the big guys will be smoking exotic cigars over the holidays and the poor employees will be kicked hard on their b*tts , once again ldo not spend your time effort and energy here. You are getting nothing else , 100% guaranteed

You’re being overworked by your employer while the leaders party every night. They’re making millions while you’re making peanuts! Welcome to WF modern slavery!

felt like put it out here. Guessing all competent people been laid off, and the left over cr-p is what we dealing with.

Dst was always a swestshop. In the 1980s DST stood for "don't stay there". Managers gave tiny raises, people were paid 30% less than market average pay and christmas bonuses for college educated staff in positions of great responsibility was a $25 paper gift card to the plaza, where all merchandise was grossly overpriced. You might be able to buy 1 book or a pair of stock with it

Is there a single positive thing left to working here? We've so far lost competitive pay, many benefits, good working environment, and job security, among many other things. What's left?

They just decimated their teaching staff, laying off dozens of full time professors in each department. I was told it has something to do with bad investments in Mexico. This is a bad sign. I worked there for 12 years and I was one of many let go this month.

Because employees short of badge swipe target. Was this the plan all along?

I truly do. It's making my life a living he-l. But I desperately need a job due to a health issue so there's literally nothing I can do about it. Fu-k my life.

Things changed dramatically after my last manager was laid off and the new one came in. The constant criticism, micromanagement, and obvious favoritism have made the job exhausting. I'm actually finding myself hoping my position gets eliminated because leaving with severance sounds better than continuing like this. That's how bad it's gotten.

Awful sales, bad morale.

Not a single caring word from management. Feeling nothing for laying off employees with babies. May their children be laid off when they have babies. May no one extend kindness to them when they are in trouble. Fair enough!

This place has constant layoffs and poor management. Coworkers are friendly but that's about the only positive thing. Leadership has no accountability, pay is low, raises are ridiculous no matter how long you stay, and work-life balance is non-existent. A cr-ppy company all around.

Right now I am so drained that even when I am off, I have nothing left for myself. Yes, my pay and benefits are better but at what cost? Not to mention, now I have a higher chance of being laid off instead of it being the other way around. This place is truly a joke.

All these layoffs are unnecessary. The only reason they're doing it is to keep artificially inflating the stock price. Greedy mother F@#$&@$!!!

I've been in the workforce for a long time and I've seen plenty of bad cultures, but Fiserv takes the crown. The disrespect, the exhausting politics, and the fact that nobody seems to care about basic human decency take the cake. What a horrible place to work this turned out to be.

Nutanix has become filled with outsiders from Dell In VMware. They were worthless at their prior companies and they’re being brought over by their friends. Nutanix strives at finding new ways to pay you less. When I first started the company you had really good opportunities to make money. Those days are gone. My manager was a joke. He managed up and didn’t care about the people that worked for him. He would set one on one calls and ask you what you wanted to talk about. I didn’t wanna talk to him because he was useless. The great people have been let go one by one and the clowns run. The circus morale is in the toilet and people are looking for jobs. I wish all the people there are the best of luck get out while you can.

Well said, @3zv+1kz6hy1a0.

The stock is soaring. You’d expect the attitude to be high energy and people to be in full support of the company. You’d expect to see new products going to market, more hiring, more bonuses, more investment in people. You’d want free thinking people who are inventing and thinking outside the box.

It’s the exact opposite. It’s dreary, dismal and there is an overall black cloud across the company. Every email seems like it could be your last. Services are taken away from you, like coffee cups (really??), promotions to the “liked” and layoffs are happening left and right. The totally incompetent are getting promoted because they’re “yes men” and people are totally unmotivated. There is no more technical leadership, there is just no leadership. Just politicians who use buzzwords and jockey for positional power.

It’s pathetic and sad to see such an opportunity to take advantage of the hype Dell is getting and motivate your people. Reward them and support them. Greed is clearly an enemy of the people and greed is rampant at Dell. Every SVP and above have proven they are soulless ghouls who would do anything for a dollar. They seem to be missing the big picture. That they’re titled and who they are doesn’t matter to anyone. Nobody cares. In fact, they’re making more enemies than friends.

It’s a sad, pathetic time at Dell and is the worst I have ever seen it. Something needs to change or this company will crash and burn. As far as layoffs go, expect them every single month until these greedy, fat ba----ds get their fill.

Honestly they couldn't organise a pi-s up in a brewery at this point

Who in their right state of mind advises employees that the coming weeks were going to be very difficult and then absolute radio silence from that point on

Has the man got dementia or something

Sick to death of all the bullcr-p. Morale simply couldn't go any lower

And I have a feeling I'm not the only one who feels this way. This place has gone from bad to worse faster than I expected. I'd be happy to leave it behind for good.

Our manager has been AWOL for over 4 months. Even when he used to show up, he would say nothing. Soooo, most of us are just badging in, checking a few messages, and leaving early while collecting a paycheck.

Ask me if I care. If worthless Dell managers don't care about us, why should we care about Dell? We don't. This company is a joke!

Just switched my cellphone service from Boost Mobile to T-Mobile and so relieved to be totally disconnected from wretched EchoStar/Dish!!! Absolutely WORST working experience I ever had during my 40+ telecom career. In looking back there were NO upsides to working at EchoStar/Dish. Low pay, terrible benefits, nasty work environment, incompetent management, pitiful 401k contribution and no severance.

Arizona being run into the ground. Mining cable in the underground. Not fixing cut or damaged cables. Disqualifying customers due to bad section and bad cable. No f1s, cr-ppy f2s,dslams always down. Apps that don’t work, 30 plus days out on installs,10 days out on cable repair,give me my buyout This place su-ks. #Lumen8.

I am not going to lie or write platitudes. It took me by surprise and I has been not able to recover. Do I need to be sweet and write beautiful things??? AH ????

I keep looking for a new job but no luck yet. One day I'll get out on my own terms and leave this place in the dust!

We grind, we sacrifice, we build just to have them step on us and move on like nothing happened. Cisco has lost whatever soul it once had.

No surprise that reports are wrong, nothing new, this place has been dealing with that for years. Systems don't work, are not examined for the root cause of bad data and reports. More micromanagement but wait....now so many of us are on a correction action plan as a result and everyone is miserable.

This is what lack of leadership looks like, don't dig in and find out what is wrong and then communicate/educate. Instead just assume we are lazy id--ts and let the punishments begin. And they wonder why morale is in the trash.