Thread regarding Bank of New York Mellon Corp. layoffs

Significant investments in our people???

The CEO comments in the earnings press release is laughable.

"Our operating margin of 29 percent was essentially flat
compared to the third quarter of 2020 while we continued to make
significant investments in our PEOPLE, technology, efficiency and
growth initiatives,” Todd Gibbons, Chief Executive Officer, said.

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| 9309 views | | 12 replies (last ) | Reply
Post ID: @OP+1dpnL9XQ

12 replies (most recent on top)

Do you know what Executive Managers are in grade?

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Post ID: @kuuf+1dpnL9XQ

Orwellian.

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Post ID: @8czr+1dpnL9XQ

I've been out of that shithole for almost a year now and I almost sp-t out my lunch after seeing this. Investment in their people? Yeah right, that's why I'm unemployed after more than 30 years of hard work for that firm. GTFOOH with that, Gibbons an all his lackeys are all full of sh-t!

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Post ID: @7fio+1dpnL9XQ

Significant investments in our people? How is spending all of the COVID money on Greenfield hardware and burning out app dev teams with 7 day weeks for years? Now hiring a few app dev resources on each team to match the increased load would have been investing in our people.

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Post ID: @7skc+1dpnL9XQ

Spanx CEO just surprised all employees with 2 delta plane tickets to anywhere in the world and $10,000

BNYM....crickets

Thank you all for your dedication - have a bagel

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Post ID: @7tut+1dpnL9XQ

The investment was hiring several new people making much more than seasoned employees. Don’t worry, they will leave soon only to be replaced by more expensive people.

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Post ID: @5gpx+1dpnL9XQ

Significant investment in grade M executive compensation.

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Post ID: @2guf+1dpnL9XQ

No strategy to even keep even after 3 years of Trump’s gift to Corporate America?

Follow the money.

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Post ID: @2ril+1dpnL9XQ

Fell off my chair when I saw that. Had to get up, sit myself back down, and reread it to make sure I wasn't seeing things.

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Post ID: @1dle+1dpnL9XQ

Yeah you invested in kicking my bu-t out.

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Post ID: @zlo+1dpnL9XQ

lol I just can’t with this place.

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Post ID: @kdi+1dpnL9XQ

What an insincere individual. A joke!

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Post ID: @ofg+1dpnL9XQ

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