This company wasn’t attractive to people that ha a serious ambition to advance in the banking business, and now that the management created an atmosphere where nobody can ever feel safe about their jobs the only people who will apply for jobs are the ones that don’t have another option. That generally means that BNYM will get the lowest quality of employees in the future.
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People use bny offer as bait to get into other better companies
Funny how all my posts have been deleted.
Well, I am still here. What can I say....
People in need of work will take the job. How long they will stay is another story. They will be overworked, poorly trained and underpaid. Classic revolving door scenario. It may save them money short term, but will cost them way more business in the long run. Seems like their just worried about profits/bonus for the next year or two, after that lookout below.
Aren't they doing that already ...