Thread regarding Bank of New York Mellon Corp. layoffs

If middle management and below can be outsourced...

...why can't senior management, including the CEO position? Surely, there are competent CEO types offshore who will do the job for much less than the local 'talent'?

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Post ID: @OP+1jm311gnf

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I'd feel a lot better about coming into the office if the people I worked with were there, too. They are all overseas.

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Post ID: @ef+1jm311gnf

Just because they can and do outsource middle management. It doesn’t mean they should. There’s not a lot of competence going on

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Post ID: @d6+1jm311gnf

They do outsource big decisions to consultants such as McKenzie, 🙄but then they continue to reap massive compensation

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Post ID: @a2+1jm311gnf

Why outsource? AI can easily replace L1- L3.

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Post ID: @a1+1jm311gnf

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