There is plan to reduce 10 to 15 percent workforce overall, Directors have been asked to nominate from their teams. Further Directors are having meetings with managers in their team and getting names to cut.

I had first hand experience of this as a manager last year where Director asked to give one name out of four reporting to me.

helpful
Posting as :
works at
You are currently posting as works at

Quite hard to forsee. You really had tough time.

like

I can foresee BNY become like Titanic 🚢 sink sink 😄

funny

That's the BNY playbook since last many years cutting 10 % everywhere ! What else does the top management even know 😆🤣

likesmart

There are well experienced G ,H , I grades that make like 22 - 25 Lacs. Haha . Experience does not matter in BK

funny

Layoff date for india is June 10
For US it's June 18 . Yikes 😬😳

smart

This is as per my sources . You can confirm with yours

smart

McKinsey guys are having fun suggesting all these job cuts and BNY management is useless and making more money 🤑💰 in their wallets.

like

Please elaborate a little more

like

Howwsss that ??? 🏏 😃😀

funny

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Additional Posts in BNY Mellon

Hi Guys
I have 6.5+ YoE in production support working for Barclays Bank IB portfolio. Can I get any referrals for BNY. Skill set Autosys, Unix scripting, SQL, Jira, Agile methodology, ITRS, Nolio, User & Application support, adept at incident, change and problem management areas.

Hi folks, what CTC and grade can be expected from BNY Mellon for below profile?

VP (grade not known yet)
YoE - 8+
Tech - Power BI
CCTC - mid 20s

BNY Mellon | Pershing

like

Hey fishes- can someone please help me to understand how much time bny takes to process the offer letter after all discussions are done. For me it's been more than a month and still they say we are on it.

like

Hi BNY employees,

What was your last rating ? Hike % & bonus % of CTC ?

Provide your input in comment.

like

Hi all.

I'm having more than 12 yrs of experience and current ctc is 11.20 excluding night shift and variables. I've given interview in bny got shortlisted and submitted the documents. Initially interview was for I grade in fund accounting. After documentation hr said they r hiring me for h grade I get ready for that too with offer of 12 lakh. But all of sudden hr is saying she is not confirm whether I'll get offer or not. They are bluffing all around to giving my offer. What should I do now

like

What is caregiver leave in bny ? How to opt for caregiver leave? Any medical proof required for the same?

like

Any insights on bonus & hike ? By considering recession/inflation.

like

Got job offer in bny mellon
Level: H
role: associate(Data engineer)
Experience: 1.5yr
current base: 13L
offered base:18L
Is it good to move ? or negotiate?

like
like

I'm looking to apply for a Principal , Prod Svs. App Support position in Chennai.

Does anyone what the typical salary range is for this designation?

YoE: 13
CCTC: 21.3L

Does BNY Mellon chennai Provide laptops or desktops during work from home ?

like
funny

Received offer letter for 16l as fixed for H level in lead fund reporting in bny, is it worth for a person with 3 yrs experience

I just received an offer from BNY Mellon, and as per their terms and conditions mentions BNY can solely decide to reject or not accept our resignation letter, even though the notice says 60 days? Is it even legally allowed?

Can we never leave them after handing over the resignation letter until they agree as well?

like

Hi Fishes
What does designation lead rep quant analysis means.

How is BNY (Pune ) in terms of work culture , YOY growth and Bonuses.
Are there additional rewards or incentives for employees?

like

Hi All,
I am having 10 years experience in IT-Automation Testing. Being offered Lead Quality Assurance and testing analyst role and grade i .
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like

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