About that recent comment made by BNY at the beginning of a town hall: 14,000-15,000 employees would be better off as just 8,000 superheroes.
Over the past several years, BNY has been steadily thinning out resources. Those that remained absorbed the work. Yet BNY continued to insist on a quota of “below expectations” ratings.
BNY also ramped up a program to acknowledge “stars”, certain people presented as exemplary in their roles. The rest of us continued to disappoint BNY.
These competitive programs resulted in lower morale and (coincidentally?) lower company performance.
If BNY only has “superheroes” of half of the employees doing all of the work, will the quotas and favoritism finally end?
Maybe I don’t want to be a BNY superhero after all.