Thread regarding Bank of New York Mellon Corp. layoffs

Expenses increase in earnings note

What is this bs that "due to higher staff expense, due in part to the appreciation of our stock price associated with equity awards"

As a company we are struggling and then again it reflects society - where the richer get's richer and poorer get poorer but that you spell that out in your communication is so much bs.

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| 39217 views | | 12 replies (last April 19, 2021) | Reply
Post ID: @OP+1aoif3Ml

12 replies (most recent on top)

This place couldn’t turn a profit collecting used soda cans

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Post ID: @3mcg+1aoif3Ml

Oh here we go, more f-t cat bashing. Montgomery Burns.

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Post ID: @1guo+1aoif3Ml

Why do you say "As a company we are struggling"? Because at some point in time you were told to "act as an owner"? It or they but not we...

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Post ID: @xok+1aoif3Ml

They just want to convince the shareholders that the Stocks are fine while we are meeting our quarterly targets of laying off employees .This org. is sitting on a stockpile of trash and the only project they take up is cleaning each other's mess.

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Post ID: @izb+1aoif3Ml

Yeah well they just got rid of how many knowledgeable people this round only to come in yesterday and say we have “extra” funds to hire some new folks. Get rid of knowledgeable people to bring in asshats who know nothing and don’t want to work. Let’s not talk about how long it takes to even fill a damn role to get some relief for those stuck taking on all the extra

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Post ID: @qwq+1aoif3Ml

I didn't receive a raise because my manager said we didn't have the budget. Looks like it just went to the clowns higher up in the org chart.

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Post ID: @ppi+1aoif3Ml

Equity awards! Look at the compensation paid to management in the annual report

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Post ID: @pgn+1aoif3Ml

Explain how Todd is better than Charlie ?
I’m obviously missing something.

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Post ID: @yam+1aoif3Ml

Pay the vice chair a 100 percent of his bonus because the board of directors noted “he spent his time learning the businesses” - as stated in the proxy statement. What a load of dung!

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Post ID: @sym+1aoif3Ml

Another revenue and earnings beat, yet the stock is down 3.5% today.
Of course they are going to have more expenses. They will continue to cut operations staff until they reach 40% of the 2019 headcount while spending to recruit youngsters who don’t mind working 18 hour days and not having a life.

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Post ID: @kbc+1aoif3Ml

I sure in the h–l didn’t get any stock as compensation.

h–l, I got pennies for a raise.

The f-t cats get fatter.

A few in senior management cut expenses so they can meet budget and enjoy cash and stock bonuses. The h–l with everyone else.

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Post ID: @qmb+1aoif3Ml

Gotta keep those former GS guys happy and wealty

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Post ID: @hhc+1aoif3Ml

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