BNYM is a big organization and we all know that the general opinion of the leadership is that there is a lot more fat to be trimmed. But what does that mean exactly? What headcount are they trying to achieve? How much more layoffs before they say it’s enough?
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Only Chuck will remain and he will have to Fire himself !
Zero
35-40k lesser the better
Chuck is ready with his bat , he is going to swing it in March. watch out !!
Whatever is the final headcount . The point to be understood is this company is heading for doom.. slowly and steadily.. it's only going down ..
More people gone. There was a plan to reduce higher paid people and replace with younger people but that was stopped because there was no appetite to net add even if it saves $.
Because people are tasked with balancing HC every day. This is from no official source, but I was told 38k. Seems extreme, but just passing along what I was told.
How would WE know?