#expenses

If that can’t happen negotiate debt with creditors or file bankruptcy

Are we in the upside down world?

While the US. is on fire with loses in CA greater than total revenue in all of Europe, NK decides to take a trip? We have no T&E to close business and not enough time to visit customers. However, he chose to use money and time to send himself and 10+ others to deliver a message of FY27 being a reset and ask open ended questions to customers?

What is even happening anymore? Maybe NK needs to start logging his activities Salesforce.

Why are execs and VPs allowed to book flights with their own personal airline reward accounts taking priority over costs - many budget airlines in Europe are ignored for British Airways, Air France and Lufthansa - how many millions have been squandered this way.

Got laid off in July during that round of RIF and while I was going through my closet and kitchen today to donate some items to Goodwill I found so much useless CDW stuff that was given to me during my tenure there.

A full set of copper Moscow mule mugs that have the CDW logo on them. Multiple vests with the CDW logo. CDW shirts (which I know are standard for conferences, but I have several of the same kind that were always just given to me even when I said I didn’t need any more). A standing desk pad. Detachable keyboards. Mugs. Cups.

So much useless junk, and I wonder how much money was spent on it while they’re doing round after round of layoffs and reductions in force.

I left Comcast last month. Perks go away as expected but make sure you check your bills.

I had one today for 325.00+. I had cancelled my services last month but was still charged. After calling into the 800 number, I was told I actually only owed 22.00.

Watch your money and your statements. Remove auto pay, they would have gladly taken the 325.00+ if I hadn’t of called.

I also switched to ATT fiber for a fraction of the price over the coax I was receiving.

I’m interested in someone that understands the fundamentals of our business, not Charlie su-ks.

Why does the bank keep missing targets? How does non interest income fall $1b year over year?

It seems we are incurring higher expenses for CIB but continue to fail to reap commiserate revenue and income benefits.

They seem to be hogs when it comes to who gets to attend these, they spend thousands of dollars on flights and hotels and conference costs. Yeah, absolutely nothing comes out of it. They do nothing to share with the company of the point of attending these conferences, but their LinkedIn seems to grow tenfold within days..

It was good to see that Finance were taking budget control matters so seriously that they held a large, global F2F meeting in San Diego.

Hope the bbq at the boss's mansion limited the catering budget.

Basically confirming a lot of us will lose our jobs to India and GCC.

Her email said we need to manage our expenses as year end goals.

Expenses = layoffs of employees

Nike continues to lay off hundreds of employees. You would think there would be lots of controls on expenses, especially travel, especially ENTERTAINMENT.

@gustavogiussani on IG

For some yes. Others, no. Check out Nike tennis sports marketing this week in NYC. The full team is there attending an Ed Sheeran concert on Nike’s dime. Why does anyone even need to be there once clothes are given out? Much less the whole team, much less during times like this for Nike. Where is the accountability?

What do we think the total cost of sending this group to NYC + keep them entertained is?

I just wish our business and tech leaders could generate enough revenue and deliver products that work for our clients so Fiserv wouldn’t have to layoff employees. When you’re not growing anything but expenses, people lose their jobs.

Spend dat money (and post about it on LinkedIn) great job team!!!

My resume is updated, but I don't have a network. I've cut expenses, but I don't have a target. I'm so, so scared.

Great news, everyone! There's a $9,500 weekly budget for first-class flights (up to $5,500) and five-star hotels so executives can visit the new GCC in India... to help outsource your job.

But don't worry, we're all "one team." Yippee!

The stock prices is down 2% YTD and most analysts expect very little upside. Also, with very high technology spending and in employee salaries, seems like we should expect a sizable layoffs in the near future. Thoughts?

For me, the biggest issue is that RTO is basically a pay cut in disguise. Between gas and all the other extra expenses, it adds up fast. If they gave us a pay raise that covered those costs, I honestly wouldn't mind it nearly as much as I do now.

Where is the World Cup travel and boondoggle money coming from all of a sudden?

How is Dan approving hans travel expenses but cutting for everyone else. Also, what is Hans doing as special advisor?

Sick of seeing RVs face on linkdin plastering bullsh-t to the public and everyone else who fans over him on there while destroying careers behind the scenes. Oh look hosting our board trash in DC. Spending my millions at the expense of bnys employees headcount reduction. Cut 100 people this week so we can eat fancier meals . Cheerio fu----s

Here's an update from the UK Telegraph. It's behind a paywall, so I've copied it here. Seems AM was also questioning the hospitality spend, with particular reference to highly expensive Wimbledon tickets. I recall seeing photos of BL and his partner at the tournament in July 2023. Nice to know who was really paying for them.

Ousted BP chairman hits back over ‘excessive’ spending
Dismissed chairman suggests his ‘determination to drive change’ is behind misconduct allegations

Albert Manifold said his cost-cutting measures, such as foregoing limousines and private jets, may have ‘ruffled feathers’

Christopher Jasper

The ousted chairman of BP has attacked a culture of “excessive” spending at the oil giant, including purchasing tickets for sports events such as Wimbledon.

Albert Manifold suggested he had been forced out of BP after raising concerns over “unnecessary expenditure”.

Mr Manifold was dismissed without warning on Tuesday, with people close to the BP board suggesting he had been shown the door because of a “volcanic” temper, “bullying” and “verbal abuse”.

However, in a 769-word statement published on Thursday, Mr Manifold said he had been the victim of “lies” from people hiding behind “anonymity”.

He said that during a 40-year career he had “never once had accusations made against me such as those made in recent days”.

During his eight-month tenure at BP, Mr Manifold is understood to have proposed a crackdown on unnecessary spending, such as some corporate events.

Events attended by board members at the expense of the company are said to have included Wimbledon.

A source close to Mr Manifold said: “He feels that that is one of the reasons the board turned on him. Some members didn’t share his commitment to cost-cutting and budgeting.”

Ousted BP chairman hits back over ‘excessive’ spending
Dismissed chairman suggests his ‘determination to drive change’ is behind misconduct allegations

Albert Manifold said his cost-cutting measures, such as foregoing limousines and private jets, may have ‘ruffled feathers’

Christopher Jasper
Transport industry editor
28 May 2026 4:21pm BST

The ousted chairman of BP has attacked a culture of “excessive” spending at the oil giant, including purchasing tickets for sports events such as Wimbledon.

Albert Manifold suggested he had been forced out of BP after raising concerns over “unnecessary expenditure”.

Mr Manifold was dismissed without warning on Tuesday, with people close to the BP board suggesting he had been shown the door because of a “volcanic” temper, “bullying” and “verbal abuse”.

However, in a 769-word statement published on Thursday, Mr Manifold said he had been the victim of “lies” from people hiding behind “anonymity”.

He said that during a 40-year career he had “never once had accusations made against me such as those made in recent days”.

During his eight-month tenure at BP, Mr Manifold is understood to have proposed a crackdown on unnecessary spending, such as some corporate events.

Events attended by board members at the expense of the company are said to have included Wimbledon.

A source close to Mr Manifold said: “He feels that that is one of the reasons the board turned on him. Some members didn’t share his commitment to cost-cutting and budgeting.”

In response, a source close to BP suggested it would not have been unusual for the firm to take up tickets to entertain business clients at events such as Wimbledon.

BP also has a history of hosting politicians – many of whom have backed the oil industry – at the tournament, and was revealed in 2023 to have donated tickets worth more than £4,200 to two MPs and a government minister.

Before his removal, Mr Manifold reportedly clashed with BP’s company secretary and board member Ben Mathews over costs.

Mr Mathews, whose role is to advise the board on corporate governance, was a key architect in the push to oust Mr Manifold, according to the Financial Times. He has since been put on medical leave because of stress after having dealt with the departures of Mr Manifold and his predecessor Helge Lund in quick succession.

BP did not immediately respond to requests for comment regarding spending by directors.

In his statement, Mr Manifold said he was dismissed after he had “sought to streamline and refresh the board and started to advocate for a review of the workings of the board to improve efficiency”.

Called out excessive expenditure
Mr Manifold said he had wanted to “set an example” at BP and detailed how he demonstrated this by making his own coffee, buying his own lunch and resisting the use of private jets.

He added: “Where I saw unnecessary or excessive expenditure, I called it out. I had no interest in having a dedicated chauffeur-driven limousine at my beck and call on the occasions that I was in London.

“I, like most people, walked, took taxis, trains, etc. I had no interest in taking private aviation nor in availing myself of corporate tickets for sports events. I made my own coffee and bought my lunch in the local café. I sat in a small office, eschewing the grand corner-office privilege of previous chairmen.”

However, he said, those priorities “were not always shared by everyone”.

He added: “In business, small signals matter in driving change and contribute to ensuring no company has a culture of entitlement.

“All of this was my attempt to ensure the continuing independence and transparency of the board and the ongoing improvement in oversight and governance.”

Mr Manifold praised BP’s chief executive Meg O’Neill, its chief financial officer Kate Thomson and the wider executive team as being “among the finest people I have worked with”, saying they were “brimming with integrity”.

Corp expenses paid earlier by Aero, now no more …. Interesting times ahead …

Adnan stopped by and boy was that a waste of money and time! Fake smiles and selfies for everyone. Your lack ofsupport is not made up by these stupid visits! We are told to save money but Adnan is not holding back in his expenses! Dinner and drinks for the leadership team that could pay a weeks salary. Tip to executives no need to visit us

This leadership under Mike is just moving deck chairs on the titanic!

• expense out (severance)
• expense in (all the new SVP's making millions each from JPM, know nothing about payments, bank software or anything other than consumer and commercial banking.
  Lots of luck, stock price down another 8%, I guess is improvement over the last few quarters with stock down 20-40%.

A few days of this and I'll feel like I'm paying for the privilege of working.

Are some execs just getting a slap on the wrist for abusing their expense, per diem, and allowance accounts? I saw hints of it, but I can't tell for sure.

That's the tricky culture in action.

Highly encouraging everyone to ask the real questions during these "Ask me Anything" and "Purpose Corner Lives". Even if they don't acknowledge the questions, teammates see it. It means more than you know.

There’s a noticeable disconnect between leadership and the day-to-day reality for teammates. We hear about the company’s strong performance, major personal investments, leader's new homes, and international travel. At the same time, many employees are quietly struggling to keep up with basic expenses like groceries, gas, rent, and utilities.

People want to feel that the company’s success includes them, not just something they’re told about.

It feels like I'm paying for the privilege of having a job.

Commute expenses just keep climbing. It's not only gas, everything is just getting more expensive. Only my paycheck is still frozen at WFH-era levels.

I’m here at ISC West laughing at the massive amount of money wasted on these tacky First Alert shirts. Looks like the circus just rolled into town

Feels like the weeks before the layoffs in early 2024.

Interesting to see that MGO is laying people off while at the same time having an insanely expensive love-in in Dallas for three days in May. Flying in everyone from outside of Dallas, the whole thing.

Did this in 2024 just a couple of weeks after another layoff round. This for now at least looks slightly less bad but still. Kind of nauseating watch Kellyn and friends yap about how great everything is after they ax a bunch of people.

So the EC schlep to Lexington this week, spending first class money we don’t have, having another day off work and away from clients. But did they actually achieve anything that could not have been done remotely (or even at all)? I no the answer is no but it would nice to be told I’m wrong

While our teams and resources getting cut!

according to the 2025 nydfs supplemental filing, company spent $7M in out of pocket leg.al fees in 2024+$2M for l.aw division staff. $9m total not including insurance payouts\need to cut these excessive expenditures to save jobs.

Do we really need to see him flown to these fancy events as “special advisor” on the company’s dime?

It's kinda nuts because the sushi they sell at the cafeteria is quite literally the same sushi you buy at HEB. Still has the original packaging and stickers - minus the HEB price tag - but charge almost double for it lol. 2 hard boiled eggs in a little container is $4.50? I can buy a dozen eggs for less than that. An egg, cheese and bacon breakfast taco is 3.50 but 99% of the time there is no cheese and/or bacon? yeah dawg, i'll just scan it, pretend to pay and leave.

Call it what you want but, if they are making us be in office 5 days/week then fu--ing step up the gd cafeteria food and make it a LOT cheaper. Not that I really care much as I only go to office from 10am-12pm anyways but jesus...

They are quite expensive

Has anyone thought about the increase of expenses with having all these people in the office? Everyone washing their hands and using the restrooms all day (I drink a lot of water and use the restroom at least seven times a day), using tons of toilet paper and paper towels, drinking lots of water, coffee and tea, keeping the building warm enough or cool enough for everyone in the office… needing more supplies like copy paper, pencils, pens, notebooks…. I’d imagine the water and sewage bills would increase significantly. Thoughts?

This new plan su-ks so bad. I picked the same one I had last year but now it’s so much more expensive.