CEOs of Days Gone By

There was a time in this bank when the employees respected and looked up to their CEO. He would have the best interest of the clients and his employees. Those days are gone. At least they are at our bank.

I hope Charlie reads these posts to see how his employees feel about him. I’ve never felt this much anger and frustration with our senior management as I do now. I’ve been her for 24 and can’t wait until my retirement in a few years. I’m seeing more managers retire because they too have had enough.
Wake up Charlie. Open your eyes and look around. Better yet, leave.....

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I remember the day CEOs were respected and that started to end when Jack Welch became GE CEO and ushered in the culture of relentless cost cutting, overleveraging the company, and juicing his massive stock awards. He created the concept of employee ranking, cutting the below expectations. He ushered in greed, and the destruction of the American worker.

Business schools would say he was the best, to be like him, so we have a bunch of costcutting, employee hating, greedy CEOs across all American businesses.

Thank Jack for Charlie.

Charlie doesn't give a F if his employees like him or not. He cares that those extra millions are pouring into his bank account because the company cut costs by laying off thousands of workers. Happy employees would mean his bonuses and salary might be smaller

Thread regarding Bank of New York Mellon Corp. layoffs

CEOs of Days Gone By

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