FINALLY , the bonus day has arrived.. the one glimmer of hope in all this doom. does the motivation now drop to a new low ? Current employees will be looking to run out of this company - - - take the money and RUN !!!
You know it's time to get out when the head of HR leaves!
Wow. Just wow. When I received the email today about Monique, I just sat at my desk for a few moments and took it all in. The company is obviously going down a path that she no longer wants any part of and it speaks volumes. Thankfully, I had two... — read more
Did anyone’s bonus fall from last year?
Late to the game here as people had comp discussions a while ago, but whose bonus shrank from last year, or they didn’t get one when they had in prior years? (Or am I the last person who still works here?)
Can we ever undo the damage?
This was once a great bank, but the management has managed to completely ruin anything that was once good about it. I'm starting to think that no matter what happens now - even if we get all new leadership that actually has both the bank's and... — read more
Who will want to work at BNYM after this?
Sad to say that that’s the case but BNYM has been a dinosaur company with outdated business practices, a practically the only thing that motivated people to apply at BNYM (and stay) was the sense of security. Now that that went down the toilet, good... — read more
Sell half’s of company
Over past several months as we all know several Chase implants are here. Those businesses go to chase rest to Goldman
BNY MELLON at the WORLDS END
Even Jack sparrow cannot save this one.. as BNY is at the world's end ?
Treating subordinates like dirt is a moral flaw
Charlie is not a god: nor his he even a great and admired man: he is little liked; he never took steps to make himself liked.
How small does BNYM have to get?
As these layoffs continue this situation looks to me more and more like running the company to the ground then like an organized and strategic reduction of workforce. I mean, we were a dinosaur company as it is, and it’s clear, even to a college grad... — read more
So much uncertainty
So much uncertainty at BNYM lately. So much stress, so much frustration... Working here has started affecting my mental health - I can't properly relax even on weekends. Anything seems better than this, and yet I'm still too scared to just quit. As... — read more
BNY Mellon is Straight Trash
This place is finished. What an embarrassment. You’d think it was 2008 the way this company pays and treats its employees. Scharf is a cancer
Always in the dark
Good management is honest with employees. BNY Mellon purposely leaves us in the dark about what’s really happening. Don't ignore signals about this. There is no antibiotic for the Scharf virus spreading within our company. That will dictate what you... — read more
Please help: How can I get laid off with a package?
This sounds like a great deal for those that want OUT. Are we able to request this? Sounds like a dream come true...
SUB 'scam' in place of severance
One of the 'benefits' of the SUB scheme instead of 'true' severance is that you save social security, and you can concurrently collect unemployment. Believe me, they're not doing this out of the goodness of their hearts. They do this so BNYM saves on... — read more
Sinking ship...
...tossing people overboard to try and stay afloat. Even Charlie might agree, although this is not the way he would present it to shareholders.
What is an independent Contributor?
Some Managers/ supervisors in our office have been rebranded as “Independent Contributors”. Their people have been taken away and they will now continue doing their job, but not manage people anymore. Is this happening elsewhere and is this a sign... — read more
Put your money in a mattress
More secure than bny
more layoffs coming in March 2019
prepare. pay off debt.
I was very happy here, until I wasn’t...
Ok, so I survived the latest layoff. What next? I had a successful career where I was happily productive, but due to the new organizational rules, I am now in a role for which I am untrained and unqualified. I may fail and be laid off (with... — read more
How to keep calm in such an enviourment
How do current employees keep calm and even come to work in such a c-ap enviourment ? Do yoga and palates or running help ?
JP Morgan
Rumor of BNY Mellon being bought out by JP Morgan Chase.
Is it even possible to lay off more people?
Of course, this is a rhetorical question. It’s always a possibility with this leadership, but if more people get cut and nothing happens like new hirings, allocation of work etc… we seriously won’t be able to operate with this headcount, at least at... — read more
Invested !
What kind Clients would invest in a Company whose employees are not happy.
a penthouse for layoffs
With the new lay-offs he can buy a better penthouse and doesn't fail anymore: https://nypost.com/2018/09/10/bank-of-new-york-mellon-ceo-sues-over-18-5m-penthouse-deal/
Got cut, now in Disney world, feel right at home
Is BNY Mellon more like Frontierland or fantasyland? It definitely is not Tomorrowland.
To all those whining about people upset regarding WFH
It's more than just what you see inside your bubble. It's not just people who are lazy and dont feel like coming in or want to spend time with their dog or whatever. Two examples of people I know: Employee who for years has worked from home on... — read more
How do other companies feel about former BNYM employees?
Would anyone care to share their experiences when applying at other companies, primarily banks, of course? Does working at BNYM considered a good thing or not. In other words, is that a plus or a minus on our CV? Does the competition consider us a... — read more
Greatest day of my career
I was let go from BNYM on the 19th. I see alot of comments in which it appears that people are sad and anxious about what's next. I personally am ecstatic..I have never seen or experienced such a toxic environment. My manager was a toxic, tacky, and... — read more
Are people able to find new positions?
It would be nice to know how people who have been laid off in the past several months are doing on finding new jobs. I know one of my former coworkers is still searching after nearly half a year, so it would be reassuring if people know others who... — read more
To what extent was the Pittsburgh office hit today?
More happening in Pittsburgh today, seems like front office is getting hit. Does anyone know if they changed the severance? Have heard rumors it was changing to only 6 weeks, can anyone confirm that? First of all, is this true? If it is, does anyone... — read more
Did the layoffs continue today?
I see nobody posting anything. Does that mean we are safe for the time being? At my location, folks were cut yesterday but today it was business as usual. Even the conference room wasn’t booked, so I suppose we won’t be seeing any today. Any info?
I heard another round of layoffs on February 26-27
hope you're out of debt.
A bend in the road is not the end of the road, unless you fail to make the turn...
Wishing us all the very best, where ever we wind up!
More cuts expected today?
Usually layoffs at BNYM last at least two days, which is why I'm worried that there'll be more today. However, so far it's been quiet - even if it's still really early. Any ideas on what we can expect today? And on a more general note, when can we... — read more
enjoy your snowy icy commute to work today
don't even try asking for wfh
40% cuts in BA and PM areas
Pool of BAs and PMs across division Heard It can reduce 40% straight
What areas got hit today February 19
Was quiet where I was....any word on what areas got hit?