Thread regarding Bank of New York Mellon Corp. layoffs

BNY eliminating 'unnecessary management layers' across staff, sales, operations

https://www.bizjournals.com/pittsburgh/news/2019/07/18/bny-mellon-eliminating-unnecessary-management.html

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Post ID: @OP+106fgo60

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Or a cool name like "Greedy Kant"

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Post ID: @jvio+106fgo60

Their using job cuts to offset technology and product investments, but they don't have them in place now to offset the reduced staff. I feel sorry for the superstars that will be left to handle the additional workload because they will not be compensated for their time and effort.

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Post ID: @2del+106fgo60

Won’t stop until our CEO earns a cool CEO nickname, like Buzzsaw, Hacksaw, or Mack the Knife.

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Post ID: @1sob+106fgo60

Should be able to read this one: https://finance.yahoo.com/m/2374733b-91ce-3838-aaca-d5c7060a3c7c/bny-mellon-eliminating.html

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Post ID: @1qfs+106fgo60

it is also in Pittsburgh Business Journal, available via Yahoo Finance. No subscription necessary. All employees should read this.

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Post ID: @1vja+106fgo60

Cash flow problems

Huh

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Post ID: @qif+106fgo60

They should a lot of these layers are useless.

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Post ID: @uxg+106fgo60

Can someone copy and paste the text. I do not have a subscription

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Post ID: @pjs+106fgo60

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