Thread regarding Bank of New York Mellon Corp. layoffs

Adapting to new times

It has long been clear to me that those at the top have very little or no vision for the future. Do you too think that BMY Mellon has difficulties adapting to the new times?

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| 31526 views | | 8 replies (last March 17, 2022) | Reply
Post ID: @OP+1fKJ5Mwp

8 replies (most recent on top)

I’m not aware of any strategy or plan over the past 3 decades.

Could inertia be considered to be a strategy?

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Post ID: @3bpb+1fKJ5Mwp

Wrong - they have a vision - enrich themselves

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Post ID: @2qxu+1fKJ5Mwp

Like every bank out there, the plan is simply: H1B visa

get rid of American, then ask for more h1B visa

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Post ID: @1tzw+1fKJ5Mwp

@1ujy+1fKJ5Mwp We may be “quiet old” but we can communicate grammatically, solve problems and get through a 10 hour day without 6 hours on the “d-mb phone”. Let us know when a millennial can do any of that…

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Post ID: @1yjs+1fKJ5Mwp

All Old folks in upper management just want to live few years now. They don't want to take risks as they are quiet old now at their retirement age and don't want to try something new. The cycle will continue as one old folk in higher up will replace another with a very limited vision. They could have easily come out of Custody business if they really wanted growth.

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Post ID: @1ujy+1fKJ5Mwp

Yeah, that darn windmill keeps getting in the way of his putts.

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Post ID: @1adf+1fKJ5Mwp

At least he will be able to spend more time with his grandchildren.

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Post ID: @1sig+1fKJ5Mwp

All I gained from the town hall is that Todd will be taking his grandkids to school and trying to improve his golf game upon retirement.

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Post ID: @1txa+1fKJ5Mwp

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