Horrible management - Vice President BNY Employee Review

1.0
16 Oct 2024
Recommend
CEO approval
Business outlook

Pros

Decent work life balance. Not alot of pros to be said about this company.

Cons

No career advancement and the constant town halls to illustrate how great we are doing is such a farce. Operations in Pittsburgh are being shipped overseas and layoffs across the board, no skills development or advancement. The "trainings" are videos with unlimited test retakes which is comedic. All management is essentially positioned in NY and don't know how to manage or lead aside from brown nosing to the superior above. New CEO came from Goldman few years ago and wanted to run BNY like its Goldman. A new culture is being rammed into everyones throat and that is to increase the stock price as much as possible. Management pretends to care and once laid off the work load gets piled onto another person. Only thing management cares about is when their shares get vested.

Explore other reviews about BNY

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

3.0
2 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Work life balance is good for the most part.

Cons

Everyone in upper management (including our CEO) has come from JP Morgan or Goldman Sachs while employees who have worked at BNY for 20+ years are not being chosen for promotion opportunities. Looking to juniorize the company yet give zero training and support for analysts starting out. The culture has completely changed over the last few years, looks like a different company.

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