Makes me want to vomit. Better not be fully transparent when a good percentage of employees are listening on the call.
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Even if I had time in my workday, I would not join that call ever. No need to further frustrate myself by hearing their smug self congratulating drivel, knowing full well none of that will trickle down to those of us doing the work that is making RV and his boot lickers millions in salaries and bonuses.
Related, how many people on camera had their BNY vests or quarter zips on? Middle of summer, hotter than Hades, and those people wearing them want to su-k up.
Was that earnings call AI generated audio of the CEO lol?
I cannot listen to their voices nor look at their faces- disgusting. They made a sh-t ton money…but nothing for us. Awesome. NOT.
@bd
In 2023, BNYM had 53,400 FT employees. In the annual report for 2025, there were 48,100 FT employees. 2 months ago there were 47,200. Now there are 46,500 and dropping. That’s $1.15B in cash cuts being counted as profit!!! BNY is hiding poor negative cash flow without truly running and growing the business!!!!! BNY has reduced headcount 13% in 3 years and AI has had nothing to do with it.
Stock price up nearly $8 due to the celebration of blood letting as a strategy.
@am it's in the financial supplement pdf that we're down to 46,500 FT employees.
Was there any mention of the 700 plus laid off this quarter??
I mean no offense to you but of course they aren’t going to spout out their compensation strategy. No company would do that with the level of granularity that was asked for