‘They have no idea what they're doing’ - Ahem, not so certain about that. They know EXACTLY what they are doing. It is premeditated, planned and agreed upon. The strategy is such that employees are not human beings. They are firstly biological infestations on payroll and benefits. They need to be treated like cheap appliances not people. The master plan is to cut and replace these ‘appliances’. Clients are not allowed any customized builds or extensive compliance and oversight. Not unless they sign a big check in advance. Clients are to be given cheap API basics and portal reports and if they want more, then they will pay, wait a long time and be unhappy with the results. This place is being slimmed down and slashed for a reason. The 2007 merger was a farce where both BNY and Mellon locations, systems, and so called management were mostly kept intact as is. For the meteor now approaching, the term ‘sunset’ will be real. This time, there will be a senior partner and a junior partner. Take a guess who the junior is? And junior doesnt get to keep people, locations and systems unless they cant be replaced. And ‘ya gotta believe’ many big scale client senior managers know it.
Was scrolling through our board in an unfounded hope that someone will say October layoffs are just a rumor, and I came upon this post. Putting it up so it’s not lost in replies. Found at: @1vsz+1tRCDKms