Actually hate working here, not dislike, not just unhappy.
It’s a cesspool and a huge part of many problems facing teams across the LOB stems from GP&T Product.
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I was where you are right now. I took finding a new job like it was my only job. Scanned job boards at companies I wanted to work for, let LinkedIn work for me with job alerts and switching my profile to be “open to work”, recruiters view only. I went on many interviews, was rejected many times (prepare for that, harder than you might think but it is part of it) and now I am working for another GSIB and life is good. BNY damaged me, so sometimes I react in an unexpected way, like when my boss suggested we rate a strong employee higher than my initial recommendation (instead of strong arming me to rate a steady employee as below or partially below). It only took me a few months, it has changed my life. You owe it to yourself to find something else.
(Writing this from the train and hoping my fat fingers do not make me sound uneducated!).
In my opinion, one of the absolute worst things about working in BNY right now is the omnipresent lying and complete lack of trust. Whether it’s town halls, all-hands meetings, or local site visits, all you hear is grand corporate speak and endless reassurances that never actually materialize in reality.
Take the whole "massive growth driven by AI that will transform our roles" narrative. Bla bla bla. In reality, it’s just a convenient pretext to lay people off—and this seems to heavily target those of you in the US. In my office, they keep sugarcoating things, promising growth, yet hiring is completely frozen. What actually happens is that when someone leaves, their workload is just dumped onto whoever is left. All of this while raises are a joke (amounting to around $50) and bonuses are a measly $1,000 equivalent.
To make matters worse, internally climbing the ladder is a trap. If you get promoted or change to a higher position internally, it comes with absolutely no salary increase, which is the exact opposite of how normal workplaces operate. At the same time, they are stripping away flexibility by aggressively cutting down on work-from-home options—both through rigid Return-To-Office (RTO) mandates and by slashing "work from anywhere" allowances/exceptions. They’ve even gone as far as blocking managers from awarding VIP points to recognize good work.
Yet, leadership continuously boasts left and right about consecutive quarters of stellar financial results. This hypocrisy fits perfectly into their grand narrative of lies. They literally tell people, "If you don't like it, you can leave," while simultaneously expecting everyone to take ownership and feel responsible for the organization. Honestly, the people driving these toxic cultures shouldn't be hired; they should be diagnosed and treated.
Recently, the head of my organization was asked how he addresses employees' anxieties about the future at BNY. His response? "I haven't heard about anyone having anxieties, but feel free to reach out to me directly, and I'd be happy to talk and help." I haven’t heard a bigger lie in a very long time. Nobody here trusts a single communication or intention coming from leadership anymore.
On top of that, they engage in practices that are straight-up illegal under labor laws in my country, yet BNY just bypasses them. For instance, forced ratings are so deeply immoral that I honestly don't know how the people pushing them can live with themselves. Falsifying performance documentation is a crime. BNY has been penalized for breaking labor laws in the past, but the fines are so minuscule compared to their compliance/legal budgets that nobody in upper management cares.
Finally, this aggressive push for employees to build AI solutions to automate their own jobs—accompanied by promises that it won’t lead to layoffs—is an illusion that shatters the moment you ask for it in writing. No manager will ever sign that declaration, because it’s been a lie from the very beginning. It is truly a terrible place that ruins its own potential to be a great global employer, all just to squeeze the lemon dry and artificially pump the stock price.
@OP
You just need to open your mind and heart to the magic of Dermie. Only through Dermie and his state of the art p.o.m.. can true salvation be achieved. You will not need money, possessions or even free coffee after awhile, if only you believe in the words and works of the great and mystical Dermie! Oh Dermie!! Make me immortal with your words of wisdom!!’
You are not alone. I work in “Little Pune”—-oops: I mean, Pittsburgh—-and, other than the H1B folks, everyone looks downright miserable. We call the lobby “the morgue intake room” now LOL. I haven’t seen a smile in eons.