Thread regarding Bank of New York Mellon Corp. layoffs

Too many people at the top don’t know the business.

I find half my day is spent customizing reports to a multitude of different managers that head departments they have less knowledge. They don’t know the clients, they don’t know the people in operations, and they don’t know the products yet these are the people that are highest paid and they don’t add anything valuable to any process. They just delegate and exercise a bunch of double standards.

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| 11141 views | | 8 replies (last October 19, 2021) | Reply
Post ID: @OP+1dlsHarj

8 replies (most recent on top)

@ahm+1dlsHarj, you nailed precisely as it is. Jersey City really has a lot of dead weight managers. They throw them in departments that they have no experience or business running just because they have a masters degree. Some make a simple process into a puzzle with their fancy spreadsheets. Glad I'm out of that shithole of a company.

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Post ID: @3els+1dlsHarj

They keep cutting ops because that’s the expense that is most notable on any p&l but they fail to identify all the dead weight bureaucrats that don’t show up on that expense line and are buried under another line.

And yes, plenty of meetings to go over meetings about other meetings. I get asked if I “have a second?” Which turns into an hour waste. Ugh

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Post ID: @1hkd+1dlsHarj

Confluence. Teams. Chats. Endless meetings

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Post ID: @1ygu+1dlsHarj

Absolutely agree with you and yet they cut needed reqs cause they’re clueless on what it takes for us to do our jobs

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Post ID: @1nxn+1dlsHarj

Nepotism at its finest.
Someone liked them years ago and that haven’t learned anything new since and keep getting promoted.
Looked to Jersey City to see the worst cases.

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Post ID: @ahm+1dlsHarj

isnt that in every corporation?

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Post ID: @nkb+1dlsHarj

That’s corporate America for you

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Post ID: @uqu+1dlsHarj

Yup, sounds about right!

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Post ID: @geb+1dlsHarj

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