Lawsuits, bankruptcies, merger battles, takeovers, and outright loss are what constitute daily life at the Bank of America. But this is absolutely nothing, what’s even worse is employment uncertainty. The company has absolutely no regard for its... — read more
2015 Layoffs at Bank of America - What's in Plans
Post if you know anything. We know already about the Mortgage side...
Wells Fargo Just laid off 1,100 People in the Mortgage Processing unit (Milwaukee)
We are bad but Wells seems to be doing as bad as we are. Things are getting ugly over there. They have 50,000 people working on the mortgage side, I would not be surprised if they were to let go over 20% of folks over next two to three years.
Job Cuts in Bank of America Santa Monica Branch Have Not Happened
All of us who work here to feel like just another body or just another number. A lot of people got stuck in certain paths (customer service, teller, project manager, etc.), but once you break free from that congestion, it may take several years of... — read more
Layoffs today?
Is anyone else having upper management visit today? We do and it just so happens that texas has pending warn notices with a scheduled due date of 4/13 and 4/15. Last two layoffs that our office has been thru upper management always comes in for a... — read more
Bank of America Gold, Silver and Platinum star rewards
I found the Gold, Silver and Platinum star rewards are normally given because the person has given up there life and worked more hours than Brian so they try to compensate with a little award such as $100.00 bucks and slap them on the ass and say... — read more
West Hills Layoffs June 2015
That's the rumor. But be careful here, I got this from a source that was correct once (the other time she was way off). So take this number carefully.
Stocks
Did anyone notice Bank of Americas stock dropped considerably early in 2015 before the layoffs. Makes you wonder if Brian’s team is leaking layoff information or are they re-adjusting their 401K insider trading investments before they announce their... — read more
Do you know how banks blacklist employees who have been laid off or fired?
They list them as ineligible to be rehired whether it is warranted or not usually based on an unwritten internal rule to get even with employees. It makes your next employer think you did something bad or wrong even in an employment at will state. If... — read more
nepotism
Any experience with nepotism in the workplace and any legal outcome ?
Bank of America Likes to Lay Off In Small Batches
Its cheaper to fire one employee at a time unless they have a large group and even then they will attempt to nip at the heals to eliminate one at a time until layoff time. The lawyers help in this area. They say layoffs cost too much money but firing... — read more
Experience Working as Teller at BAC
Tellers are treated the worst! They don't care about them, they treat them like crap and tell them they are stupid. Regional managers treat them the worst. There is one manager in the RVA area that is the worst. She threat people like crap at her... — read more
No one is your friend at Bank of America - watch your back and avoid layoffs
Each department or branch is a little different but in general they say speak up but it is just the opposite. They do not want opinions about anything. Anything you say or do can and will be held against you. Think of this bank being run by a TSAR... — read more
HELP!!! Bank of America Corporate Locations
Can someone give me a list with a few corporate locations for BAC? I'd like to start separate threads on this site for different locations and giving me one or two names would help with that? For example I see Norfolk and Ft. Worth listed below, I... — read more
Never mind, I was just laid-off!!!
Well following suit from last year.. Mid April was when i was cut... that's why I predicted mid April. I was in the middle of a MOC and conf call when they told me over the phone... MOC convo about an issue... "Never mind, I was just laid-off!!"
Norfolk
It is what it is...God Don't Like Ugly. This Norfolk sight has many issues still to this Day..managers sleeping with Associates..and Associates who drink All the time.. Everyday. Dam. How much stress cause for that.. And management who don't know... — read more
Potential Bank Of America Fort Worth, TX Layoffs 2015
There's a rumor the Beach St site may be closing, why would BAC close a site at a building they own outright (Thank you Countrywide) but keep a dump like the Amon Carter site open (a building they lease from American Airlines). Here's a bright idea... — read more
Lay Off's, by the number, and a paltry rant!
I'm in the middle of TX where they have been walking out hundreds of people over the last few days. Lot's of Mortgage related folks as well as the tech support staff. No janitors, security guards, or maintenance personnel canned because BAC prefers... — read more
Nice bonus Brian
Hi Brian, So glad you just got an 11.5MM bonus and then continue to lay people off. How much money do you really need along with the rest of those "senior" managers? I suspect no where near that and it would help the little guys you just laid off.
Layoff 3/10/2015
So again the bank execs have a great time in Florida with Brian (thanks for saying it on a meeting Adytia) and then layoff people to bolster the profits. Brian, Cathy, and Adytia, please look at the HUGE overhead for the tech world, esp. GWIM, not... — read more
Layoffs/severance in Belfast
Just read on Facebook (cuz our managers keep us in the dark like mushrooms, acting like they don't know anything) that an unknown (at this time) number of people have been let go from the Belfast, Maine site. I'm hearing just credit at this time, but... — read more
Addison, TX layoffs
28 americans in Addison, Texas lost their jobs at Bank of America today to tele-commuting Indian tech-support. May the wings of liberty never lose a feather...
Bank of America layoffs severance package 2015
Anyone know someone or themselves get laid off in 2015? does anyone know what kind of severance package are peeps getting? Does the bank still at least hold to the 2 weeks pay for each yr of service, anybody knows?
e-Comm, Tech, QA, Security, Developers Laid off - Ballantyne 2015
Post if you have any details, it looks like layoffs have started and will last through the end of March 2015
The real workers are being laid off and dumped on
They are doing a great job of keeping expensive upper managers who reward each other with "gold star" rewards - redeemable for hundreds of dollars - just for showing up. The real workers are being laid off and dumped on. Leaving the remaining workers... — read more
Layoffs at Beach St. Mortgage Servicing Site
Several getting walked out today in Legacy Asset Servicing at Beach...some real long tenured folks
Newark Layoffs - Bank of America
Do you have more information on what's happening in Newark? I heard that there might be some layoffs happening in March 2015 and wanted to see if folks on this BAC forum have more info about it
Scoop
Who has the inside scoop. What day is D day?
Addison Location Layoffs
Addison location so sick of the games I mean the management knows what's gonna happen but they act like they don't. Meanwhile you know who the favorites are just wanna know already so tired of wondering when I will be laid off!!!!
Jericho, Long Island, New York Layoffs 2015
Over 50 folks to be let go from our Jericho location, we deal with delinquent mortgage. Things are not getting any better since 2013, and numbers are dropping so nobody is surpassed.
Soooo
When is the next layoff...details??
Warn Notices
Always good to know thy enemy, even if they happen to employ you. Below explains WARN notices from a State Employment Bureau site. What this says to me is an employer the size of a TBTF bank with a multitude of locations has a lot of latitude to lay... — read more
Jacksonville Office Layoff at BAC
69 employees at our Jacksonville offices will be let go. They have already filed a WARN notice with the state.
Branch Closures and Layoffs at BAC (2015 and beyond)
A bit or two on branch closures and layoffs… So, LAS (Legacy Asset Servicing) is in a meltdown mode, nothing unpredictable here, they grew too quickly anyway, and this is expected. I am sorry for our folks who left or will be leaving but we went from... — read more
List of Bank of America Branch Closings 2015
Does anyone have a list of Bank of America branches that have been or will be closed in 2015. It's my understanding that we are not the only bank closing branches right now. Also, if you have a listing with branches closed in 2014 that'd be great. I... — read more
BAC California Layoffs (So. Cal)
In 2012, we closed a regional office in Glendale - over 100 people were let go. Then in November 2013, our mortgage processing centers in Simi Valley, West Hills and Westlake Village were hit. Now, West Hills is targeted again. We still have back... — read more
Three things I hate about BAC
I have many issues here at BAC, but here is a few that are on top of my list here: There is simply way too layoffs, this scares many employees as you never know how long you'll stay with the company and keep the job. In general, our technology... — read more