The company's entire focus is reducing costs. That means nobody is secure, no matter what you might think or what your manager might have told you.. If you're thinking of relocating or making long-term plans, think again. This isn't a place with a future.
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@c2 Nah BNY is a dumpster fire. Morale completely down, blindsided RIF's, Robin (like your Jane) making his millions and completely clueless
@be Robin is trying to make BNY Goldman 2.0 and it shows. I heard that nobody is happy over there.
Came from BNY to say the same thing. We were once a good place to work in. Then came Robin. Then small 'adjustments' were made here and there for 'strategic alignment'. Suddenly small batches of colleagues went missing. No one thought much of it. What does 2-3 matter in the grand scheme of things, right? RIGHT? Then came the RIF's ...couple dozen gone here...half a dozen gone there. Building floors became ghost towns. What were once bustling break rooms fell silent and dark. Then came the regular RIF's...30-40 let gone every month. Sometimes every 2 weeks right after the payday. From when the 1-2 started about a yhear or two back to where BNY is now...I would say at least 15-20k have been cut..more is along the way. And BNY is much smaller compared in size to Citi...take BNY's size and extrapolate to Citi
OP is right...don't get comfortable. Get ready to get out
T&BE looking to reduce headcount from ~95K in 2025 to 60K in 2028....includes contractors.