Serial Cost Cutting Company - Anonymous employee BNY Employee Review

2.0
Nov 28, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Ability to work from home several days a week depending on your department. This perk mainly available to IT employees The company branch I work in is close to where I live so I have a short commute

Cons

Cutting costs overshadows every thing they do. The perception among most employees is they don’t care about them. They bring employees from India to the United States and expect American employees to train them so they can replace them The company recently received the Trump tax cut and no employee received a cent of the savings. Managements explanation for that is they put all the savings into technology improvements. Benefits are never comparable to those offered by companies in the area. They keep reducing them every open enrollment period

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1.0
Apr 28, 2026
Recommend
CEO approval
Business outlook

Pros

Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

Cons

1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

5
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