Thread regarding Bank of New York Mellon Corp. layoffs

Principle Review: Thrive Together

The EC sends out an email today reminding everyone about the principle of "Thrive Together."

Well, let's review the principle and how it is defined on paper vs. what it means in practice.

On paper: "Our culture is built by all of us, and we lead by example. Doing the right thing matters and trust is earned. Creating an environment where everyone belongs is essential - that's how we succeed."

BNY associates are not stupid and don't appreciate being lied to or kept in the dark. That's the quickest way to erode trust, confidence in leadership and culture. In fact, these are the main reasons why people are on this site and commenting about BNY workplace and deplorable people management behavior.

Not that it matters but The People Team (or EC) would be better off to communicate early and often throughout the change process. This means acting more intentionally with greater transparency, by showing receptiveness and responding to feedback on really important people concerns, and providing clear organizational direction on people management matters. So why all the secrecy? It only leads to more fear, uncertainty and doubt.

In practice: EC wants us to thrive together by working together in office 4 days per week. The only natural consequences of this mandate are to intentionally make work-life more difficult for those not living nearby a brick-and-mortar office location, to recapture corporate control and to increase work-life inflexibility.

The EC and HR communications, micromanagement, and the lack of collaboration by 'all of us' are in direct contradiction with the written definition of how we 'Thrive Together,' do the right thing and earn trust.

Where does this leadership by example come from? Come on man!


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| 13021 views | | 6 replies (last September 8) | Reply
Post ID: @OP+1k4633n3t

6 replies (most recent on top)

I was laid off in February. I had worked for the company for 21 years. They made me sign a non-disclosure agreement. For reasons I can't go into I could have suied them for wrongful termination but I didn't. Eventually in April they dismantled the department and outsourced our jobs to India. It's a mess. I wish something bad would happen to the company for what they did to people.

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Post ID: @140+1k4633n3t

Agree with you.... those that make or enforce the policies are the exception to them....Hypocritical at best

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Post ID: @jh+1k4633n3t

Infuriating email.. Just say what you really mean. We don't have to pretend.

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Post ID: @cs+1k4633n3t

BNY is a garbage firm. In my 20-years of professional work, 15-years spent in both academia or corporation offices. My time at BNY had me believing that Universities and Colleges are well run institutions with fantastic executive leadership.

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Post ID: @ax+1k4633n3t

#1 out of touch email.

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Post ID: @at+1k4633n3t

Our culture is built by all of us, and we lead by example- good. Can I lay off some L2’s and L3’s I know who are useless gar-bage? And can I give them not meets because I don’t like them?

Doing the right thing matters and trust is earned. - You BN-Lie management have lost my trust forever. You find ways to hurt good people. Up Yours.

Creating an environment where everyone belongs is essential - that's how we succeed.- You creating that environment in India only until you can deep six them too. We are succeeding only in manipulating the stock price by smashing good talent.

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Post ID: @am+1k4633n3t

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