Largest one to date.
11 replies (most recent on top)
@8osr+1vTPI3uc Is confusing merit percentage with layoffs
25% across the board. FACT.
This is the first time I see 25% comment. Please do not share if this information is not from a reliable source.
25% across the board. FACT.
Layoffs and reorganization will occur between Q2 and Q3
“Source? Not that it’s surprising but it should show up on the WARN list if it’s true..”
The SUB plan basically gives them an out of getting in trouble for not filing WARN. If you read the penalties, you’ll see that the bank does more with SUB than they’d be penalized (at least in NY). Over 70 let go in Oriskany in one layoff in September and no WARN was filed.
Huge in 2025 - The sun rises in the east
going to be big in some selected areas like asset servicing
In 2025 won’t it be 43 years then? 🤣
I assume BNY will layoff small amounts each month in order to avoid the WARN list.
In my 42 years, I never…
Just kidding. :) You do know he will reply.
Source? Not that it’s surprising but it should show up on the WARN list if it’s true..