Hundreds of people were let go in multiple CACs yesterday - it was a sad day for all of us indeed. It's hard to see folks who toiled here for 20+ years leave yesterday. Let's all keep praying. Trust God despite the circumstances, He closes doors to... — read more 

Over the years BofA has had a habit of putting whoever they bought in charge of things. The same is true with the ML purchase. The ML/New BAC environment is one of raw unbridled ruthlessness. If anyone shows weakness, they are thrown under the bus... — read more 

The ML people are the worst ghetto people I have every worked with. They are poor and dont give a shit about anyone but themselfs. It does not matter If this means taking the company or others down (spoiled kids wagging the dog for their own gain)... — read more 

There are many rumors that our Pittsburgh office will be closing. Anybody know anything?

OK, Plano Corporate office is the worst company to work for and it's team of wolves the behaviors of the managers are at a 2nd grade level. If you are smart and get the work done with no problem they treat you as if you must work harder to make up... — read more 

Learn from us experts that have already gone through what BAC is putting you guys through as it gradually replaces each of you domestic counterparts with cheaper offshore workers. 1. Don't write any code comments, or if you do, don't explain how... — read more 

Appears there was a up to a 20% reduction in headcount in certain target groups. Don't think it was financial but rather a top down edict to meet role ratio metrics. Lots of GAPS in service created. More work on less people. If the work actually... — read more 

Mortgage Customer Assistance Centers were closed today a total of 13 sites across the country. About 150 associates were laid off including myself. Good luck everyone it's a tough day!

I am on Furlough this and next week along with 10% rate cut. All contractor in NYC were affected by this. Independent contractor were most hit by this cut.

I'm not sure how many people were let go today in mortgage tech but several of us in the my work program were let go...

UDK how true the # of people. Sometimes it's hard to know facts from gossips.

About 150 associates were laid off including myself. Good luck everyone it's a tough day!

Good luck today to all

Anyone has more info about layoffs at Tapo Canyon Financial Center / Simi Valley?

Why not just look for another job instead of waiting for your turn? Its possible you will be laid off eventually or later on down the road, you've only survived that round of layoffs. What some people fail to realize is that if they don't leave now... — read more 

Laid off 20% of workforce 10/16/15

Old 2003 News: When Bank of America Concord, CA employee Kevin Flanagan completed his replacement worker training he was laid off. That day he went to the bank parking lot and committed suicide... — read more 

I have heard that Pittsburgh is going to be hiring new people and hope to have the building back to full capacity within the year. It is being rumored that they will be starting another division. No one that was let go from there will be eligible to... — read more 

I've heard rumours that Addison will be the main site now for the DFW area.Deployed assosiates from Bleach str and Plano will be filling these seats.I wonder if thats true?

So far we have Philly active here, looks like JAX is active and folks from Simi Valley. Can someone note additional locations here and I'll start individual threads for each of them in hope that we'll get more employee participation here.

How about Chicago? I heard there were layoffs 10/1/2015. Are there more coming this month or can I take a deep breath and relax another 30 days?

November would be the biggest month for layoffs...Bofa will setup the budget for 2016 ..Also bank will not move into 2016 with those employees which they dont want to keep ..Since new benefit dont start till January 1st 2016 ....so cleaning house... — read more 

Wells Fargo (WFC) is the lone exception. The bank told CNNMoney its branch count has "held consistent" over the last several years at nearly 6,200 in the U.S. Wells Fargo's workforce actually increased by 1,000 to 266,000 as of the end of the second... — read more 

Pittsburgh managers are being trained to take over a lot of other sites' jobs. Do they love it? Yes they do. Why? Because they are keeping their jobs. So there you have it. Short, sweet and to the point. A lot nicer than BOA does it. Good luck to all... — read more 

Moynihan's direct orders, finish before 9/30/2015, will not be as drastic as cuts in 2013. Moynihan said that "further cuts in its trading division if revenue doesn’t improve" - OK, that will paint the picture good enough. The cuts would start after... — read more 

Embattled Brian Moynihan looking to trim BofA’s payroll-- see today's NY Post. Let's start with him first!

Change Change and more Change Addison getting a new look. 2 managers already leaving do they know something we dont???

please post compliance violation by executives

I have walked through Charlotte office locations numerous of times and agree with the amount of corporate security violations (one in particular- computers not being locked when unattended). Based on the current rules I could have eliminated... — read more 

Please post any layoffs news today it is anonymous...

Question to all, how much do agencies make off of us. Im trying to negotiate my same rate and accept the 2 week furlough, as i see the furlough is not in their hands. So is it possible. I told them i will leave and now they want to meet with me for... — read more 

Make sure you wear comfortable shoes!

All of this and no media coverage? We laid off 15% of our branch work force, we axed 10% of our staff, many ATMs were closed. Consolidation, redundancies and layoffs are happening daily and no media outlet is covering Bank of America layoffs? Why... — read more 

I should have accepted wellsfargo full time position even though it was $10/hr less. I was in between this and bank of america , and chose bofa. Im newly hired going on 2 months now, so i feel some type of way now. smh! They give great rates at first... — read more