Thread regarding Bank of New York Mellon Corp. layoffs

Wall St up on AI enthusiasm but BNY down again…

So Robin the face of banking AI is seeing a 10% share price drop over the last 3 weeks despite being such a grandiose pioneer and spokesperson for AI. Meanwhile, the markets are all up on AI and so are other banks.
Are the lead weight lies finally bringing this down?
There are likely very angry calls from the warlord to the People’s team leadership to adjust headcount ….


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When there are no new businesses or ideas and the only way to make money is to get rid of employees…it can’t last forever.

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