Thread regarding Bank of New York Mellon Corp. layoffs

Always take that charge in the 4th quarter.

I see after skipping last year they're back to taking a charge in the 4th quarter to so they can convince employees how things are so tough when they're dishing out 1% raises.

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Post ID: @OP+190ZUO4u

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Sorry mate employees are not the first thing on their mind. Not second or third. It's their stock options then eps then analysts then shareholders. Definitely not you.

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Post ID: @1vrn+190ZUO4u

FF could be at 15% the company will still do poorly. They will just come up with a different excuse.
The issue is poor management with a lack of any vision.

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Post ID: @1djj+190ZUO4u

The stock dropped 7% after earnings announcement.
Sell baby sell, or short baby short!
This may be a pattern here, although Yellen and Powell may bail them out with higher FF rates next year.

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Post ID: @orf+190ZUO4u

Good Job Todd. Almost as good as Charlie.

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Post ID: @qdc+190ZUO4u

We must sacrifice our raises, including working longer hours for no more pay, and accept lower bonuses, as the organization sadly only made $700 million in Q4. We must all make sacrifices so we can return more capital to shareholders.

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Post ID: @egw+190ZUO4u

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