Thread regarding Bank of New York Mellon Corp. layoffs

Breaking News: Workers Don’t Enjoy Being Treated Like Trash — Who Knew?

Here's an Interesting article that parallels what is happening in our industry today.

https://www.msn.com/en-us/news/technology/mark-zuckerberg-is-realizing-that-when-you-treat-your-workers-like-human-garbage-they-might-not-like-you-anymore/ar-AA2369ab?ocid=msedgntp&pc=HCTS&cvid=6a04bce8f6f34192a3919b59b944e2ea&cvpid=5ea63c8bb12642a98ff3e9b42593777f&ei=36

Meta CEO, Mark Zuckerberg, is apparently shocked to discover that when you treat employees like garbage, they stop applauding your “vision.” After years of layoffs, culture rewrites, and “efficiency” crusades, Meta is now learning the obvious: workers don’t develop warm feelings toward leaders who treat them like cost centers with pulse rates.

And the irony? Everything described in that article reads like a template for what BNY employees complain about daily on this forum. The same themes echo: performative culture, leadership detachment, endless “transformation,” and a workforce managed like an inconvenient expense. Employees at both companies describe the same pattern — praise the mission, cut the people, then act confused when morale collapses.

The punchline is simple: whether it’s Silicon Valley or Wall Street, executives keep discovering the same truth. If you treat workers like garbage, they eventually notice — and they talk about it.


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Post ID: @OP+1krhe1840

3 replies (most recent on top)

One difference I see is, I do not believe BNY EC holds a long range vision for this firm. The AI pressers and related investment are short-term initiatives. Once the AI bubble bursts, BNY will be known as the financial firm that invested the most capital into this technology and received no return. So, what happens then? More outsourcing to India? New EC? 50% cut in stock value?

I do not see BNY existing after the AI "investment era" ends. Or at least, BNY as it exists today. Maybe it will be a smaller firm with a more focused businesses.

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Post ID: @da+1krhe1840

@a5
You get the trophy for ‘post of the day’!

Say it again: BNY pays bottom dollar

And also companies like Meta and other give their employees packages and paid benefits when they are sent out. Unlike BNY which scr.ews people laid off or exiting the company and then hides behind phony vendor firms and blames them

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Post ID: @ac+1krhe1840

There’s only one glaring difference.

Companies like Meta at least pay employees top dollar to take it up the rear.

BNY pays bottom dollar. How do you think this will end for them?

Tides will turn soon as a large flux of boomers are about to retire leaving knowledge gaps and many open roles to fill.

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Post ID: @a5+1krhe1840

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