Thread regarding Bank of New York Mellon Corp. layoffs

Project Catalyst

Already 3 posts about WFH. Making sure to give them 5 stars since really the company would save millions right? No buildings to pay taxes on, upkeep, utilities, etc.

What were they thinking of letting us give them efficiency ideas? LOL.

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Post ID: @OP+1fcgRIHO

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Project Catalyst is intended to cut the tech workforce by 50%. Come June once their consultants have completed their analysis the axe will drop on under-performers or people who challenge the status quo. Senior tech leadership was desperately trying to bring in a C level in January and he declined their offers as they mandated 50% cuts across the board.

Come on folks BNYM is soo broken the culture of fear and ineptitude is beyond reason. Anyone worth their salt is gone already or just waiting for that fat bonus to drop at the end of the month. Trust me TSG MDs only care about getting that cash because after a couple years they are set and who cares who gets burned while the stuff their bank accounts. If you are like me, a middle manager and struggling on the front lines everyday then expect the squeeze to continue until you pop. I’m out once I get my bonus, this place will shorten your life, honestly. Life is short, is this the place you want to invest your precious hours?

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Post ID: @3fjt+1fcgRIHO

Sorting by the most votes, out of the top 10 ideas seven of them are WFH. Keep voting, lol!

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Post ID: @2uzq+1fcgRIHO

This is brilliant, lol.

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Post ID: @vsr+1fcgRIHO

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