Thread regarding Bank of New York Mellon Corp. layoffs

More strategic initiatives on the way

So far:
(1) remove working from home ... this was overturned due to negative outcry and not from change in strategy.
(2) introduce 10% below expectations. Get the senior management to sell it as a performance improval program (what a circus)
(3) review numbers to realise chucks plan failing .... revenue falling...panic...cut cost....

Chuck is a clown and trying to be a ring master. The circus is rolling off the rails.

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| 2241 views | | 2 replies (last September 25, 2019) | Reply
Post ID: @OP+118MHNkI

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(5) reuse stale bagels in the cafeteria

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Post ID: @5mcg+118MHNkI

4) "Increase efficiency and communication" by merging small teams (small due to forced layoffs), so they can fire some now redundant 1st and 2nd level managers.

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Post ID: @1dbd+118MHNkI

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