Thread regarding Bank of New York Mellon Corp. layoffs

Stock buybacks in 2018 - $3.3 Billion!

BNYM used its windfall of reduced taxes along with other revenue to buy back $3.3 Billion of its stock in 2018. While having record gross revenue and profit it still found $ to buy its own stock. Think about that as you ponder the 1.x% raise and c-appy bonus you just got. Never any thought to really rewarding the people that actually made it all happen. All the experience jettisoned in the last round of layoffs means those that are left have to pick up the slack & wont be rewarded next year either. Time to take advantage of the good job market - other banks pay much better, so little reason to stay in this hole!

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Post ID: @OP+Y2c5kv7

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Ha! This won't rise to the attention level of Trump, but if allot of people start messaging Tucker Carlson at Fox News about the direction our corporation is taking under this CEO and board, it might just get picked up for a segment. We need to stop Charlie's attack on our company and livelihoods.

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Post ID: @1mpi+Y2c5kv7

Can some one please let Trump know this .. he had walloped a couple of CEOs previously. would love if trump can kick some a-- of chuckie in the media ! That would make everyone happy...

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Post ID: @1xcw+Y2c5kv7

Maybe he should have spent the 3.3 be on new dumpsters....

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Post ID: @uyc+Y2c5kv7

Only if Chuck would have distributed the 3.3 billion $$$ between 52000 employees , he would have them as dedicated employees for life... Not that we are not dedicated but we would not be where we are now .. in the dumpster !!

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Post ID: @bqq+Y2c5kv7

Revenues haven’t grown much for past 3 years. Have to get eps growth somehow.

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Post ID: @cgx+Y2c5kv7

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