Thread regarding Bank of New York Mellon Corp. layoffs

The more I hear about AI

the more convinced I am that it's just a convenient excuse to cut and offshore jobs, without actually replacing them with AI.

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| 10865 views | | 3 replies (last June 28, 2025) | Reply
Post ID: @OP+1jycp00xf

3 replies (most recent on top)

AI is a tool just like a computer. It's going to change everything and make people more productive.

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Post ID: @11n+1jycp00xf

AI is just an excuse. the amount of manual work we have to do regarding pricing, macros, and other nuances is ridiculous. My guess is that AI and the return to office are an excuse to cut overhead costs without paying severance or SUB pay.

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Post ID: @aj+1jycp00xf

At the moment, it's mostly A with not much I.

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Post ID: @a5+1jycp00xf

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