Thread regarding Bank of New York Mellon Corp. layoffs

The Culture You Announce vs. the One We Survive: A Heartfelt Exploration of Cognitive Dissonance

It began, as these things often do, with a badge scan and a fruit tray.

Robin Vince and the Executive Committee descended upon Lake Mary two weeks ago, bringing with them a whirlwind of strategic platitudes, pre-cleared talking points, and a palpable sense of curated warmth. The site was abuzz. Floors were vacuumed. Acronyms were polished. Someone even replaced the “Out of Order” sign on the espresso machine with “Temporarily Visioning a Better Brew.”

The town hall began promptly, or as it’s known in EC time, at “Empathy O’Clock.” Robin opened with a heartfelt nod to “the incredible work happening here,” followed by a 17-minute meditation on resilience, stakeholder trust, and the importance of “showing up”—which, ironically, most of the EC had not done since the last earnings call.

The Q&A was pre-screened, of course. No questions about layoffs, offshoring, or why the new “Agile Transformation Hub” is just a SharePoint folder with a GIF of a hamster on a wheel. Instead, we heard about “listening deeply,” “leading with heart,” and “unlocking the power of our people”—phrases that sound profound until you realize they mean absolutely nothing and cost nothing to say.

Enter James Legrand, our site lead and resident Zen Buddha philosopher-king of LinkedIn. Within hours, his post appeared:

"Leadership is not a destination. It is a sunrise reflected in the eyes of those we serve. Grateful for Robin's visit and the reminder that empathy is a verb."

What does that mean? No one knows. But it got 247 likes, mostly from new recent new hire analysts and people who also post about “intentional gratitude” and “the ROI of kindness.”

One associate commented, “So true, James. I felt the empathy in the hallway.” Another chapped lips sympathizer fabio-sly replied, “I didn’t see Robin but I felt him.” We’re still unsure if that was metaphorical or HR-worthy.

Meanwhile, back at our desks, nothing changed. The org chart still resembles a game of Jenga played during an earthquake. The “transformation” roadmap is now in version 6.2b. And the only thing cascading is the mandatory empathy training module, which now includes a quiz on “active listening postures.”

But hey—Robin gestured (while admiring his new Rolex). The EC smiled. James posted. And somewhere, a hamster keeps running and more jobs are lost in this heartless and unemotional chaos.


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| 24002 views | | 23 replies (last May 12) | Reply
Post ID: @OP+1kabxyfst

23 replies (most recent on top)

Somewhere in this corporate theater, a hamster keeps running and more jobs are lost in this heartless and unemotional chaos that is BNY.

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Post ID: @rx0+1kabxyfst

@eh hey 42 years and obviously a boomer. I got laid off 2 weeks ago after 16 years I was WFH because they sold my office during the pandemic. I'm not a millennial or a Z so why don't you guess what gen I am. The colonizer in a bad suit for a millionaire is destroying BNY slowly but go on about no layoffs. Oh and stop being a c**t.

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Post ID: @gv+1kabxyfst

This place is a disaster. No light at the end of this tunnel. Especially pers which has been brought to its knees. Shame on the current leaders. Just impotent wimps thriving by threatening who they consider as weaker beings. They can be categorized as pricks and fraudsters at best. They are all failures at their previous jobs.

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Post ID: @gg+1kabxyfst

@eh probably because staff has already been dwindled down to barely anything.

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Post ID: @ft+1kabxyfst

Awesome, accurate and well written post! Kudos!

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Post ID: @ff+1kabxyfst

@a8 Ooooh! Maybe I could get rehired!

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Post ID: @ek+1kabxyfst

Stop whining for Chrissakes…

At least you have the lowest level of layoffs in 42 years.

Stop whining.

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Post ID: @eh+1kabxyfst

Still whining about free coffee? In my 42 years at BNYM I never once had a free cup of coffee. We had to buy polar water and coffee packets.

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Post ID: @eg+1kabxyfst

I was in another location and felt something too. Mostly stress from being worried about being laid off so india can flourish after being forced to wfh while my office sits closed and empty for two years.

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Post ID: @e7+1kabxyfst

I love this piece. Articulate, accurate and funny (albeit a depressingly real reflection on life at BNY) If you were looking for inspiration for your next piece I'd highly recommend watching any of Jose Minaya's town halls or external interviews..

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Post ID: @d2+1kabxyfst

@bg he’s in the kitchen. A lot.

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Post ID: @bt+1kabxyfst

Anyone know what actually James does at work? I saw he got over 5k followers on LinkedIn, his role seems like not adding any real values, but a human amplifier. if you saw this James, I apologize, if you felt offended I’m just really curious.

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Post ID: @bg+1kabxyfst

Why Orlando??? Why Florida???

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Post ID: @be+1kabxyfst

I love the last comment. Sort of "The Americans" Season 5 setting...

I just had an idea on how to write a book on BNY and RV ..

  • Load the Ayn Rand "Fountainhead" into ChatGPT or Claude
  • Prompt to inverse everything in that book..

10 mins lateRR. Done.

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Post ID: @b8+1kabxyfst

OP, You strike me as a dark horse. Someone important, visible, yet hidden in plain sight. I get the impression that if folks knew your real identity, they’d be stunned. You’ve nailed what we all feel. Keep it coming.

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Post ID: @b2+1kabxyfst

This totally reflects my perimenopause mood today! Any chance these readouts could become a weekly/monthly treat?

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Post ID: @b0+1kabxyfst

Empathy in the hallways? The only thing I see are people with faces in their phones looking miserable with headphones glued in their ears.

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Post ID: @ay+1kabxyfst

Now cue the holiday mixers that feel more like forced interactions to compete with each other and vie for our jobs. Cheers!

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Post ID: @aw+1kabxyfst

@ac What?! Heard maybe they were thinking of moving the jobs to Poland. Podejmujemy amerykanskie prace. Dziekuje!

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Post ID: @ah+1kabxyfst

Heard they aren’t happy with Lake Mary and are moving things to Boston

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Post ID: @ac+1kabxyfst

“the ROI of kindness.“
They stole this from the same people who came up with ‘Arbeit macht frei’
BNY under Robin is a place where incompetent dangerous Sociopaths have careers.

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Post ID: @a8+1kabxyfst

Perfect description of what this place is.
I personally don’t join these events anymore because they are just way too disconnected from our reality - they paint a picture of BNY being so great and good to work for, and it’s just too far from my work reality in which we work for 3 people, train our own replacements, etc
Waiting for a better job market soon to make a move 🙏🏼

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Post ID: @a5+1kabxyfst

Absolute top tier. Would be even funnier if it wasn’t so sad and true.

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Post ID: @a3+1kabxyfst

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