Why do people keep posting the same question over and over again? Not liking the answer doesn’t change it. Layoffs are NOT over. There are more coming the week after next. Does this mean that areas hit hard will get hit again? No. But not every area... — read more
What now
More layoffs to come?
Please check your ethics at the door...
Throw colleagues under the bus, secretly cheer their mistakes, step on heads, act as two faced as Janus (as the situation dictates). BNY Mellon has become the poster child for all that is wrong with corporate America.
Getting rid of WFH.. I'm confused..
It's literally hilarious the justification to get rid of wfh is collaboration. We don't have meetings or work as a team. My boss hasn't talked to me in a month in a half and if I ask for assistance or guidance I get ignored. What a joke..
Does anyone actually like working at bny Mellon?
Everyone I work with hates it. They do not train us. Seems like a lot of managers hire there friends and buddies and those people seem happy. I wonder if more layoffs are to come. The morale is so low in my group it's sad. I'm wondering if I should... — read more
February Layoffs
Up vote this post if you hope you are on the list. Down vote if you don't want let go.
Is it over for now?
Was wondering are the layoffs over in this wave? At my location, it’s been quiet for a while and things are getting back to “business as usual”. I ask this cause I suspected that this large wave would be accompanied by layoffs on a smaller scale in... — read more
What WFH is really about
It is a misconception that changes in WFH have anything to do with employee behaviors. It is part of Charlie’s playbook when he comes into a company. He doesn’t like WFH and it’s a significant way he can exert powerful and tangible control over the... — read more
H1B or L1 fraud - contact USCIS
Anyone (including both American workers and H-1B workers who suspect they or others may be the victim of H-1B fraud or abuse) can send us tips, alleged violations, and other relevant information about potential H-1B fraud or abuse. Please write us at... — read more
Bnym tech Pune Chennai boycott all company event
https://m.facebook.com/IXCCS/ It seems bnym tech management is in action after layoff news is spread over media, They still worried about company brand value in market? This news is spread in market already and people are afraid to join bnym, We are... — read more
EEOC complaint? Age discrimination? Looking at numbers in Section C of the severance package ...
I spoke to an attorney last couple of weeks and ended up signing the agreement. He saidmost of the time scumbags like BNYM have a team of lawyers to protect themselves from this. However from my reading of the agreement, they can't prevent you from... — read more
Has any displaced BNY Mellon employee filed a complaint with the EEOC?
Given average age of tech layoffs January 14th is > 54 years and that at least some people were let go because of bogus mid-year and year-end reviews, has anyone pursued a discriminatory case or filed a complaint with the EEOC? Figuring BNYM has... — read more
Anyone else already feel overloaded with work after the cuts?
I knew we were gonna be buried in work after the cuts but I didn’t think that it would come so soon. My team couted 10 and 3 people were let go. Feels like the workload has doubled. Did anybody get the same feeling?
Town HAll
The town hall was disgusting to sit through and I felt dirty having heard the BS and disingenuous words coming from Charlie's mouth, particularly as it pertained to layoffs and wfh. He claimed that everyone was treated with respect and they were... — read more
More layoffs in India
Nobody is being spared, apparently. Not even the cheap workforce. The Bank of New York Mellon is doing a second round of layoffs in its technology and operations centres in Pune and Chennai, part of an effort to make it the operations nimbler... — read more
H1B question ?
My earlier post on this was taken down, maybe I put in too much politics. They say my position was 'eliminated', but in the past few months, there were 2 people from iNautix that I know of in my division that accepted PERMANENT full time positions in... — read more
SUB payment and other benefits
Reminder: to receive your SUB payment and other benefits, you need to inform TMS of your continued eligibility for state unemployment compensation within 5 calendar days of receiving EACH SUB payment. It seems pretty harsh since it says in bold that... — read more
How reliable are February 19 rumors?
It's sad that I'm asking not because I'm worried it's happening, but because I'm hoping it really is nearly three weeks away so I can at least stop stressing for a short while. So any chance somebody can confirm or deny those rumors? Or at least give... — read more
List of things Charlie has ruined for BNY Mellon
Employee Morale, Client Satisfaction, New York, Pittsburgh, India, Black skinny jeans Who would portray Charlie in a Saturday Night Live (SNL) skit?
Who is tuning in to Charlie's town hall tomorrow?
I suspect there will be plenty of chatter tomorrow after he smugly dismisses the questions and concerns of the employees.
In a very short period of time this company has become the worst place to work
This company has become one very sad place to work. I logged on this morning to find that I am now monitored as to where I am logging in from. I am also to understand that they will be monitoring our activity on our computers. What next BIG BROTHER!... — read more
Diversity - Pittsburgh vs New York offices
I work on the 4th Floor in the Pittsburgh office and I'm the only African American on the floor and in my Group. Are the New York Offices more diverse, specifically in recruiting and retaining African Americans. The 11 years I've been at BNY Mellon... — read more
Denial is Thick
People can literally watch layoffs going on continually all around them and still think all is well because the talking head on TV says it is. If they pi$$ on your head and tell you it's raining would you believe them? Sadly, some actually would.
Reach out!
I'm a reporter covering the industry and would love to hear some of your stories or learn what departments these were in. Feel free to let me know what departments you were part of/which were hit hardest in the comments or let me know if you'd like... — read more
They laid people off. What now?
I don’t want to get into the debate whether there’s more to come, and this round has been more brutal than anyone could have imagined, but the main question that remains after all this is: What now? I don’t see the leadership laying out any... — read more
MySource Social WFH Thread
For those that haven't been fortunate enough to get laid off, check out Monique's responses from months ago in the WFH thread. Her replies are turning out to be nothing but lip service considering managers are being told to deny everyone. She was... — read more
More to come?
Is this going to be another week full of cuts at BNYM or are we finally done?
The beatings will continue until morale improves!
Gotta love the knuckle-dragging approach to management being used by BNY Mellon.
Pershing Layoff
Any numbers from Pershing? I hear only BNyM here.
Stay alert
Announcements to most staff today on layers/spans should result in more layoffs
Long read but interesting...Lawsuits-Arbitration Hell
https://apple.news/AmsHo7yfWQtOmveZ0xcyLxg
Today's status
Is any one have idea about today's situation in Pune office?
How many were affected at the Pune office?
Does anyone have info or even an idea of how many were affected by layoffs at the Pune office altogether?
Corporations Are Not Moral Entities
They exist to transfer wealth from the weak to the strong -- within the boundaries of the law (a boundary often tested). They are myopic by nature, and concepts like "the common good" and "fair play" are viewed as quixotic notions at best. We do not... — read more
BNY Mellon Fined $54 Million
“Our ongoing industry-wide investigation into Wall Street misconduct marches on,” said Sanjay Wadhwa, Senior Associate Director of the SEC’s New York Regional Office. “BNY Mellon is the seventh bank or broker being held accountable for improper... — read more
Tomorrow Situation
Is lay off will going to continue tomorrow also in Pune office?