Is in the horizon. He can’t right this old schooner. Her glory days were pillaged by many retired and former execs. They left the hull for the rest to row to shore if it even makes it. We can only hope for a merger but then the axe comes full throttle. Sorry gang no safe harbor or port for us. It’s befn a good run but our days are surely numbered even in Poland and India.
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Can we quit the nautical poetry?
@Post ID: @10KoHpLB-1zjd
Yes I know that, sort of like throwing salt on the wounds of the people who have survived.
Laying people off, giving no raises or bonuses for 3 years, yet granting themselves huge raises and bonuses.
State Street Northern Trust CEO will be Michael O'Grady.
Yup...that's what all the CEO's since the great Marsh Carter have done...but my friend.....you forgot one thing...they did all those layoffs and outsourcing while still ensuring huge salaries, bonuses and stock options for themselves.
When the great CEO Marsh Carter retired, that was the start of the end of State Street.
Every CEO since has done the same thing , yearly layoffs, outsourcing jobs outside the U.S , brining in
thousands of H1-B workers from India.
No raises and bonuses for 3 to 4 year periods.