It is time to reallocate all my 401k BNY Mellon stocks to other secured mutual funds. This BNY stock is a joke - only depreciating since brought in long long time ago when I first joined this company because I want to grow with this company. Apparently this company is like a boat sinking in the deep sea now either they try throwing people out of the boat (Self-saving) or people choose to leave willingly (good for BNY without giving severance package).
We buy BNY stocks for our 401k for future Retirement because we previously believed in the company here. However, you throw your trusted people with their family kids out of the boat in the sea.
I wanna say BNY Melon is not deserved for good people to work around indeed, but I still prey for the company to get back on track because there are still a lot of lifes-hard working staffs still replying on this boat to come up for air. God bless America.