#company

Never knew this existed. I think it’s a great way to let them know about their layoff practices.
https://www.bny.com/corporate/global/en/about-us/sustainability-report-strategy/contact-ethics.html

I call BS on the regular isp rumors. No one is leaving for that.

So according to an email sent last month the company and union are talking again this month. Will there be a complete blackout form both sides as usual? Would be nice to know if any progress is made, or if not, what are sticking points.

Because it’s an American company, people will eventually boycott PayPal anyway.

When we book travel through DXC’s preferred system, we’re treated to a delightful spectrum of hotel options — everything from “character‑building budget charm” to “I could accidentally spend £1,500 this week and still not find the minibar.”
But the moment you try to claim sustenance expenses, the system suddenly becomes the strictest accountant in the Western Hemisphere. The £50 daily allowance is perfectly reasonable (unless you’re in a capital city, where £50 buys you a coffee and the right to smell someone else’s lunch). Yet submit a meal that’s even 1p over and the system reacts like you’ve attempted financial treason: flashing warnings, red alerts, and a polite suggestion to pay for your own dinner like a naughty schoolchild.
Personally, I rarely hit the daily limit — unless the hotel decides breakfast is an optional luxury, but that’s a separate therapy session. Still, if you’re away for seven nights, that’s £350 total. It would be far more sensible if we could use that flexibly. Some nights you might grab a McDonald’s for under a tenner, and on others you might want to try a decent independent restaurant, or just eat in the hotel without feeling like you’re committing an administrative crime.
Anyway… I realise these are very much first‑world problems. But still — mildly entertaining ones.

I hate to see these layoffs but I recall the high flying days of 2002 - 2006. The stock price was >500 (adjusted for reverse stock split). Shareholders were hosed for years due to mismanagement at C. Jane is, I believe, doing what is necessary to right the ship. And it seems to be working. There are so many disgruntled employees at C that I am surprised that there aren't many more layoffs. Wish the best to all.

Take a look at the Goldman Sachs site on The Layoff. There is barely one post per month. Yet look at all of us over here at BNY… it really says something. I’ve heard they’re just as bad, but it’s something to think about.

24 positions open in the United States, Teradata is crushing it and I want to thank each and every one of you. I know we've all had some arguments here but I'd like to take a moment here to say thank you and hope you can all take a moment to appreciate Teradata and it's contributions to cloud computing.

Steve McMillan if you're there I appreciate your strength and candor during these difficult times. Teradata is lucky to have you at the helm

I am sure most, if not all of you, are stressed and anxious. The truth is nobody here has the answer for what is going to happen. Nobody who does know would risk their job to post something here. I’m nervous alongside many of you. I just wanted to wish all of you the best as we approach uncertainty and hope you can find some time to get rest.

All bootlickers - Go check out askAT&T’s prompt catalog and put “Executive” in the search bar. Here, you can see how the executives you worship & believe should be paid so much, actually do nothing. The executive update you received, was just a GenAI prompt that look them 5 seconds to generate. The headcount reduction email you received? 3 seconds to generate.

AI has already replaced 90% of these executives jobs, they want you to believe that they are irreplaceable and that you are what needs replacing.

What’s your favorite? My favorite is the “Critical Thinking Companion” that the executives need to critically think! Very telling of the state of the company

Layoffs are coming. The vagueness of the email is beyond frustrating. The timeline is beyond confusing as well… 24 months?

Anyone have insider knowledge about which teams/departments?

Anyone noticed there hasn’t been much more talk about this? Has this stopped? Also any word on why they closed the Middletown NY office?

https://www.thestreet.com/automotive/gm-puts-6-billion-price-tag-on-latest-mistake

Can anyone say: More Layoffs/restructuring coming?

So Bonus is not included in the 401k

Nice to know BNY finds it necessary to spend $200,000 on two stupid robots that look at if they came from a vintage 1980s Sharper Image catalog.

Two hundred grand and for what? To tell jokes? But let’s lay off staff.

Robin Vince is a useless tosspot.

Any layoffs today

Hearing rumours that bonuses will be communicated tomorrow - anyone else heard the same?

Reps are done.

Who is getting retention bonus?

Will Charlie cater to Trump's wishes and make up for card LOB losses with increased layoffs if this cap went in? Maybe he's angling for the Fed chair job when all the juice has been squeezed out of this gig and be nice way to stand out.

How are you all doing at the Wisconsin stores?

anyone know why you cant acess 2026 calender to take unavailable days off no matter what month

What a sad joke. We can't even run a zoom call.

Edward Jones made a change at year end to investment choices in the 401k.

While Suzan and her s$@t HR function did the bare minimum to communicate these changes through the 401k provider (Empower), it was buried under annual disclosures and most of home office and the field were caught completely unaware that the company made new investment choices on their behalf (Really great precedent for a company managing CLIENT investments, right!?).

Not sure I am surprised at all given the character of this company and its leaders, but just a friendly reminder to be sure to check on your 401k.

It seems like there are some disagreements about my previous post on capitalism. Let me explain more, and you don’t have to agree with it — that’s totally fine.

1. In the last post, some of you said there are many welfare abusers in this country. I do agree there are abusers, but that’s only a small percentage of people. If you work at BNY, you are probably not eligible for any type of benefits.

2. The government pays for the benefits, but where do the benefits go? Most of them go to the healthcare industry and food stamps. As we all know, healthcare is notoriously expensive in the US because the priority goal for hospitals is to chase maximum profits. Isn’t this capitalism at its peak?

3. By now, most people would think, “Oh, so you just want communism.” The answer is no. The opposite of capitalism is not communism. We need to fix our current system so that most profits won’t go to the top 1 percent. The benefits that the government spends on people are bananas compared to the taxes that the top 1 percent have avoided.

4. Capitalism chases monopoly. In this country, our food, water, electricity, banks, and healthcare industries are dominated by very few companies. If you really like competition, then how is this a fair game?

5. For most companies, there is only one goal for CEOs — the stock price. When companies make money, most of it goes to executives and stock buybacks. Just use our company as an example: our main business hasn’t grown for years, but the stock price is going up. Why? That’s because the executives cut back our benefits and outsourced. They used the money being saved to buy back stock.

6. We have the most Fortune 500 companies, and yet they only pay 9 percent of all government income taxes. Let that sink in for a moment. Where did all the money go?

7. Let’s take insulin as an example. The price of insulin is 8 to 10 times higher than in other countries, yet the cost to make insulin is extremely low. The same logic can pretty much apply to other industries as well.

Overall, if this is really capitalism, then it’s not functioning very well — at least for 90 percent of Americans.

Thoughts?

Ok so are we sure layoffs are expected over these next 3 weeks. Per sources on here should we be expecting some news of layoffs over these next 3 weeks. If anyone has any information please share. Thank you.

Instead of offering redundancy waters will offer you a new role.if you give it a go for 4 weeks it is deemed you have accepted a new contract and not entitled to redundancy.

DF is making press releases about 20x workers at the secretive Long Beach. I've heard of 10x but 20x, oh my.

Portland Craigslist currently has a lot of Nike Appeal for sale postings. The craigslist posters state their Nike appeal, they want to sale is new or never worn. All the people at Nike who know they are going to get a layoff notice soon are looking for quick cash and unloading their stash of Nike appeal they have been swiping at work for years now.

Who else enjoyed the CA and AG show? I've never heard such self serving drivel! These two have proven to be among the most toxic "leaders" in recent memory. SL is too new to know how bad they really are. Her Jepordy farce was a complete flop. Alex, I'll take "tell us your sales superpower for 2 cents."

They have no authority to do anything. Many came up from craft years ago. But things have changed. There’s a lot of room to cut payroll. The irony is that the azz hole that created the problem is now the CEO. When is John Stankey going to be held accountable for his incompetence?

Oracle was focusing on being a stable firm. But most of responsibilities where around Oracle concepts like basic Java, Java EE and some opensource areas without much depth in technology or anything.
It doesn't shape the employees with challenges. It doesn't offer you a career trajectory. Doesn't makes you un-fireable (always keep you in fear). Your market value stagnates over years with 2% to 0% hikes.
It has made employees obsolete as the company is pivoting to different area.

I have been reading these posts for months now and everyone is upset, but nobody wants to do anything about it. If you were unionized, you would strike. You can, however, have a sickout and slow things down a lot. Use your PTO time, before you are let go. Let the folks in Penny’s garden roll up their sleeves and try to do the work.

I was watching this movie and it hit me on how well that phrase represents the bank today. I am generalizing here but for the most part it seems that our lions (level X) are being led by a bunch of lambs (level X-1) all the way up top to the CEO (level 1). No wonder the alignment seems OFF and nothing makes sense anymore.

It feels weird. Anyone else in the 1/9 group feeling out of sorts? I'm sure I'll settle into it. I'll definitely miss some of my co-workers.

And is it wrong to hope things go to cr-p with so many key, long-term resources out the door, myself included?

Looks like these people are way too exploiting psychopaths so they want their slave humans to ask AI for solutions! So engineers you will never lose jobs, they will smoosh each other and milk companies saying stuff about human to human contact! Communication etc. they are still dependent on engineers to deal with anything engineering

When will we pass this painful kidney stone called MW?