Thread regarding Bank of New York Mellon Corp. layoffs

Jolen leaving

So she has recently enacted a whole lot of rules taking away our benefits, messing with promotions and pay, making us sign the attestation about giving ridiculously long notice if we’re leaving (while giving us cr-p when we’re RIF’d) etc. etc. and now she’s gonna leave us and surely go to company that treats employees better. What a legacy. Thanks a lot, lady! Good riddance. Hope the rest of the EC leaves with you.

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| 77430 views | | 7 replies (last October 9, 2023) | Reply
Post ID: @OP+1oWIor9V

7 replies (most recent on top)

Sam Scott left the Board in April.

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Post ID: @4wmw+1oWIor9V

Good God man, Sam Scott is a nightmare. Ditch him at once.

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Post ID: @2jzq+1oWIor9V

Sam Scott? He’s smart and terrific.

Now, much if he rest of the board should have their rubber stamps retired and start doing their jobs…

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Post ID: @1bvt+1oWIor9V

It’s not her….

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Post ID: @1dpc+1oWIor9V

Now if we could all just vote Sam Scott off our board, that would be greeeaaaat https://www.bnymellon.com/us/en/about-us/diversity-inclusion/a-candid-conversation-on-diversity-inclusion-and-belonging.html

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Post ID: @gxa+1oWIor9V

@axd - you’re absolutely correct. These horrible decisions came from the board and EC. Jolen will be leaving with plenty of $$ in her pockets and will end at a company better than this, surely.

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Post ID: @ruv+1oWIor9V

While I agree she was lousy in her role, most of what you describe are changes driven from above (in fact, the notice periods pre-date her).

This company has no working growth strategy so can only deliver shareholder return by cut heads and associated costs.

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Post ID: @axd+1oWIor9V

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