New CEO. - Auditor BNY Employee Review

Management. New CEO is trying to prove himself. His first task at hand is to make this leaner firm even leaner. Rather than laying people off they are resorting to giving bad reviews to people and firing them. HR is watching the show. Company culture degraded quite a bit. There is excessive pressure on management to cut costs. CTO is making some very basic rookie mistakes. Their failed cloud strategy has become an industry case study. Expect the bank to go down soon. Will be a career suicide to join the firm at this juncture.