Thread regarding Bank of New York Mellon Corp. layoffs

Management bias

In recent years, management has not hidden their bias that long-timers are lazy and complacent and those who will replace them will run laps around them.

So they push people out, hire the new stars, who, despite being given sufficiently more resources, support and latitude, are generally weaker and, in any case, tend to cycle out within a year or two.

It’s magical. They should write management books!

@1amp+1ifZaFGr laid it out perfectly!

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| 47948 views | | 1 reply (August 30, 2022) | Reply
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Get help. This is whacky time thinking.

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