Thread regarding Bank of New York Mellon Corp. layoffs

Cut employees to fund stock buybacks

With the announcement that BNYM is buying back $4 billion of its stock, get ready for a big layoff wave to fund it! Charlie’s priorities!

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Yep - greedy xxxxxxx’s

Only worried about boosting stock price cause they own the most stock. BTW. it hasn’t been working. Stock price is as pathetic as chucks attempt at wearing black skinny jeans.

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