Thread regarding Bank of New York Mellon Corp. layoffs

21st century ubiquity

Not sure how much scrolling you've done around this site. few general obs. 1- There are as many ad banners as comments = some comments look purposefully overthetop to stimulate posts and clicks - so read skeptically. 2- replace this CEO name and company name with any other CEO and company name found on this site and you cannot tell the difference between the actions of any of them. SAD & TRUE. 3- everyone's got a job to do and answers to somebody. 4- draw your own conclusions about human behavior

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| 1286 views | | 5 replies (last January 18, 2019) | Reply
Post ID: @OP+XaoH8qT

5 replies (most recent on top)

u·biq·ui·ty

/yo͞oˈbikwədē/

noun

the fact of appearing everywhere or of being very common

Constant layoffs

Greedy CEOs/egotistical founders

Neutered boards

Highly segmented powerless shareholders

Passive institutional investors

Regulatory capture

the 99% chasing elusive American dream

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Post ID: @1vmu+XaoH8qT

flg CEO job is to make profit during tenure and please the board...how that is done depends if CEO plans to stay there past vesting of options or leave right after...if CEO is in a hurry profit is first cost second and revenue last and employee's lives somewhere in between take your pick...look at proxys...CEOs salary are EPS not revenue based...cost and implicitly EPS can be controlled by CEOs and accomplished fast...revenue not in their control and takes a long time to grow...bottom line cutting is every CEO go to move.

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Post ID: @xlb+XaoH8qT

BNYM latest results show that revenue growth was not there. Shouldn’t charlie be fired?

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Post ID: @flg+XaoH8qT

What are you talking about? As far as I can tell, they have only standard Google ads, and Google doesn't allow you any fraudulent behavior.

Though, you maybe right regarding CEOs, the time when the management actually cared for its employees has long passed, nowadays they care only about the bottom line.

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Post ID: @qwr+XaoH8qT

nice try charlie.

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Post ID: @zaa+XaoH8qT

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