For me personally, the trust is completely gone. I might have once believed that the management was doing the best they could for the bank and employees but I am no longer that naive. Now I know they are only doing what's best for themselves. They don't even look out for the shareholders. I'll never trust them again.
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Pittsburgh lost its daily newspaper, the Pittsburgh Press, decades ago. Don’t know anyone that ever read the Post Gazette beyond clipping coupons and viewing obituaries.
Yes. BNYM lost all employee trust in the layoff era, from 2000 to 2008, 10% layer off per year, every year, no exception.
Perhaps you should reread the topic. It was about the 10% per year, every year, no exceptions from 2000 to 2008. The Post Gazette didn’t even cover a fraction of that story.
@7ctn - Perhaps you should re-read @mus's post again. That person cites data from the Pittsburgh Business Times, not for just one month as you claim, but for the entire year.
You’re citing one month out of eight years of solid layoffs? From the Post Gazette of places.
That’s hilarious. The Pittsburgh Press would have covered all of it.
Not sure why anyone would trust a ceo that was fired from Goldman Sachs for a scandal?
Have a friend show you how to check a calendar.
Please read before commenting. I was referring to the real layoff era from 2,000 to 2,008, 10% per year, every year, no exceptions. This was the post y2K through toxic assets scandal. Please find a trusted friend to read and explain these facts for you.
@ujt - you are so, so wrong. Here is one example of your "10% per year, every year" (from the Pittsburgh Business Times):
" Employment at Mellon declined by 400 during the fourth quarter of 2004 to 20,900. During the year, the company reduced headcount by 1,600 or 7 percent."
Seven percent does not equal 10%, so just stop with your crp. This example is just one that I could cite. You've been caught, lir!
Nobody has trusted BNYM since the massive layoff era from 2000 to 2008, 10% per year, every year, no exception.
Fortunately no employees have needed to worry about anything like that ever happening again in this low layoff environment.
Its been gone. This has become one of the most deceiving and unloyal places to work