Thread regarding Bank of New York Mellon Corp. layoffs

Town HAll

The town hall was disgusting to sit through and I felt dirty having heard the BS and disingenuous words coming from Charlie's mouth, particularly as it pertained to layoffs and wfh.

He claimed that everyone was treated with respect and they were tough decisions. I don't believe for a second this used car salesman lost a minute of sleep. What's worse is you could see some of his direct reports which I KNOW do not agree with him, nodding in agreement like the sheep they are. Some D-xxxx that was a 30 year employee of the bank (an obvious plant) gushed about the direction Charlie was moving the company. BARF

someone did ask about the terrible morale. Charlie gave some nonsensical corporate speak about it.

Again, what a farce. He offers no new ideas, just cutting costs (i.e. employees) and making excuses for the stock not doing better, such as - if you take out certain charges (i.e. 54 million dollar fines), it would be ------.

I hear even his directs are miserable and monitored like kindergarteners on their floor. Charlie arranged his desk so he can see who comes and goes and when. They all hate him, but none have stood up to him. They regurgitate his talking points on the record, but in private, they know what a pipsqueak, nonsensical, dictator, he is and are all waiting for him to cut and run or worse ruin the company.

New monitoring software has been installed on each computer, to eventually monitor who is working remotely and when. Next will be how long lunch breaks and bathroom breaks are.

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| 2511 views | | 5 replies (last February 8, 2019) | Reply
Post ID: @OP+Xphy3oN

5 replies (most recent on top)

He did try to walk back his ‘your to nice ‘ comment

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Post ID: @7aam+Xphy3oN

Charlie is awful but please don't sympathize over the ExCo. They are all the same. Disconnected and Backwards. Bridget has a quarter of the intelligence of Suresh and has ruined the Tech Org. She cannot articulate anything without hours and hours of prep and even then does a poor job. Hope $10M was worth the investment.

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Post ID: @ezs+Xphy3oN

Lunch breaks?? I havent had one of those in 4 years.

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Post ID: @cmz+Xphy3oN

Did you love that guy with 30 years tenure stand by and say “I am BNY”. LOl

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Post ID: @ajd+Xphy3oN

They've always been able to tell whether you log on from a BNY location or a remote location. They don't need any special software for that.

The bs questions yesterday certainly seemed planned in advance to take up Q&A time with innocuous c-ap that no one cares about.

I've also heard that his direct reports are unhappy, although if I were one of his direct reports making $10,000,000 a year like Bridget Engle, I could deal with it...one year and I'm retired!

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Post ID: @rxh+Xphy3oN

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