Cant wait to hear about the collapse of bny once they are done sh-----g on wfh staff and everyone else who actually shows up for works and not only does their job but actually knows it . Never heard of a company willing to shed people who can keep you successful for a bunch of lazy ba----ds we all see being hired now who have no interest in working at all
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Garbage company running on lies
Post ID: @be+1m20z1sfz
100% agree.
All the Goldman Sachs mgrs love to tell us tenured knowledgeable SMEs that we have to consider leaving to get a salary increase.
Then when it happens, they act surprised.
This company is trash. RV is continuing to tell mgmt they need to focus on “thinning the organization”. The go to reason is to rate employees lower this performance round is that they need to be “change agents” which is just a catch all bs excuse.
@av no it doesn’t make sense and as a VP who keeps seeing it happen to incoming new hires I said same thing. The excuse I have gotten from sr mgmt doing this bs behind my back for my open reqs is “ we have to keep up with competitive pay” or “ cost of living “ as if the rest of us already hear with many more years of experience dont deserve pay increases for these things. But its happening and has been happening and none of these fools coming in last a year either
@a8 That doesn't make any sense. The math ain't mathing then.
Unless it is nepotism hiring. Then it makes sense why they would pay more.
@a5
Offshoring? Not really.
Robin Vince and the GS inbred board of directors is the downfall here
@a4 no they arent cheaper. They are onboarding them at up to 10k more than existing, knowledgeable staff. Its disgusting to be honest
Offshoring is the downfall of this company.
Are those new people cheaper?
if the answer is yes, that's why they were hired. Executives have amnesia about what creates revenue towards the profit model, so they turn their attention to the expense column and just start chopping. They forget that some or those expenses created revenue in the first place until it is too late.