Thread regarding Bank of New York Mellon Corp. layoffs

Earnings results great, raises/bonuses low

Earnings came out today. They made record profits but I’m hearing increases will be very low.

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Post ID: @OP+1jhn5yfhc

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Of course. But Robin and team will brag about the stock price and raising the minimum wage.

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Post ID: @az+1jhn5yfhc

It is heartwarming to see Jack Welch’s failed philosophies alive and well. Give all you can to the shareholders, be cheap, water down service and burn down everything else. Some things just never die.

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Post ID: @ag+1jhn5yfhc

Exactly how else could they return 4.4 billion to shareholders. By firing old people and any non politically aligned new joiners. This company seems to consistently do whatever they can to look good to the street while putting their business at significant risk under the guise of “transformation”

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Post ID: @a3+1jhn5yfhc

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