Great place to have lay-offs threatened ever 3-6 months. - Vice President BNY Employee Review

1.0
Dec 19, 2025
Recommend
CEO approval
Business Outlook

Pros

after almost 20 years, the promise of a severance package seems to be it.

Cons

No career advancement. Actively encouraged to not change roles or seek growth. Pay is sub par in the industry and zero potential for raises. Senior management has one tactic - cut expenses to boost stock price by laying off as many people as possible as often as possible, Layers of middle management have no clue how any of the products work or what brings in revenue, they just endless buzzwords to boost synergy. Senior management/executive only cares that middle managers lay off large groups every year to cut cost and call it 'profit' so the stock price goes through the roof, along with their comp packages. Meanwhile the workers create great products and revenue streams and client relationships that get thrown in the trash whenever convenient.

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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