It’s quite unfortunate that there is no transparency in this organization. The Uniondale office has had rumors of its imminent closure for more than a year, yet no clear discussion. It’s the worst kept secret in the company. Hard working long term employees are waiting in angst to see where they will eventually end up-if at all-200 Park?? 240 G?? And when will the higher up’s finally give the little people the answer? There are many considerations for the mostly LI RESIDENTS- the cost of the LIRR, the extra time added to an already long day, child care, elder care, even pet care, but it seems like the “decision makers” don’t care. It used to be a terrific place to work, with talented and dedicated employees, yet some how these wonderful employees are falling by the wayside. I hope they Uniondale office gets some clarity soon, secrecy is certainly not a great way to conduct business.
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@r0 agreed. Great way to reduce headcount of long term dedicated employees without paying severance.
And still nobody knows what nyc location they’re heading to - so STILL a mystery!
I’m a Uniondale employee, one of about 200. Various business lines where most are vestiges of the old Dreyfus business. It’s clear the greater corporation wants to reduce headcount by forcing this move while offering no financial incentive. The commute from Long Island to NYC requires a train and subway. We’re looking at an estimated $5,000 cost for that, nothing less than 90 minutes, done over 2 hours one way. These are good dedicated employees who are bring upended. Sure, the jobs aren’t eliminated (yet) or offshored (yet) but the transition is difficult at best. We’ll see if it’s tolerable, but no one really seems to care. The announcement was heartless, an 8AM teams meeting where KB proved again to be soulless. He read a prepared statement that took all of 4 minutes. That’s it. Most groups didn’t even have senior management in house to… well to lead by example. But we will do the purposeless exercise of feedback, complete the peak on surveys, attend town halls in order to hear how fantastic everything is. Sad that a corporation ifvtjus magnitude won’t offer assistance to keep people happily employed. Another 2-2 percent salary increase would go a long way in meeting the extra cost as well as supporting the idea that BNY cares about its employees. In reality leadership cares about the next McKinsey project (how’s P-M treating you?) and publicity for the CEO.
Same questions about Wilmington. Will we be here in 2 years or are we doomed? And not even sure we have a local decision maker.
@dk if you read, it’s the BNY Uniondale office location.
They need to close the sh---y high cist locations like PA and NYC. No talent is either place, high pay for no talent snd high a-s taxes and nowhere to park. Yet theyre focused on everywhere else sensible to have a place in
wtf is uniondale
You could have saved yourself a lot of time just by using a phrase from middle of your post "the decision makers don't care". In fact, that should be under the BNY logo.
These things have always been top secret in the bank for no legitimate reason. People fear change but they fear the unknown more. No reason a company with our resources can't humanly help dedicated employees transition if their services are no longer wanted.
Well said!