Thread regarding Bank of New York Mellon Corp. layoffs

From Wexford and Edinburgh to Jesus and His Apostle

I do not expect to surprise you with groundbreaking insights but simply to point out the evident truths your decisions reveal. You dismiss loyal employees, gathering them into rooms to deliver scripted speeches about “strategic rationalisation.” These are the same employees who have worked tirelessly, often understaffed, to drive the exceptional profits and dividends you so readily distribute to ever-demanding shareholders. Your actions, far from demonstrating leadership or progress, highlight a system that perpetuates inequity and rewards short-term gains at the expense of long-term values.

The wealth and influence you pursue do not inspire respect, nor do they reflect a commitment to humanity or integrity. What you label as strategy is a mechanism that deepens inequality and treats people as disposable assets. You operate within a framework that prioritises accumulation over purpose, eroding the very foundations of sustainable success. There is no honor in these decisions, though one wonders if you have the insight to recognise it.

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| 4491 views | | 1 reply (January 25, 2025) | Reply
Post ID: @OP+1jj590zkh

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@OP+. Bravo……. So perfectly written. Been reading this board since I got RIFFED over a decade ago.

For those who want to chime in, I did return to the bank within a year and my tenure is bridged.

I can confirm as others have noted Sub pay is indeed taxed at the state and federal level.

Also, I suggest everyone read the details of the new plan when the plan document is available on or around February 1st. Far too many inaccuracies posted on this forum.

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Post ID: @v1+1jj590zkh

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