Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

New badges

I’m known for coming into office mid day and leaving at the end of my shift. Security gave me a heads up of the new chip badges coming saying they’re more advance and can track how long we are in office. Does anyone have any info on the new badges or... — read more 

Any reliable info on layoffs?

I hope all the March and April rumors are unfounded. Times are tough, and I would personally prefer to have a job for the foreseeable future.

Cut expenses but triple travel

How can execs tell us they’re focused on trimming expenses… yet are forcing 100+ of us to travel!?! Oh, and leaders are planning another round of site visits- sites we already visited in Q4!! How are we cutting back on travel expenses?!?!

April Layoffs!

I am hearing a lot about 4/20 now. The hits just don't stop with this place.

Vested

If our RSU's from 3/1 are vested and 100% equity why can't I transfer it to my BOA account?

Layoff epidemic

Layoffs across the U.S. spiked in February, reaching their highest levels since July 2020, led by widespread firings of government workers ordered by Elon Musk's Department of Government Efficiency, or DOGE, according to outplacement firm Challenger... — read more 

Reallocations and New Roles

Has anyone had luck with applying for a new position or heard of any reallocations happening or has it just been layoffs?

March 15th

Hearing a LOT of Chatter about March 15th...

Pick up the phone.

Came here to see why no one was picking up the phone when I call customer service. Now I see I have to move to another bank that gives a sh**.

Lump sum or installment

I was laid off last week with an increased workload and responsibilities after 15 years. If I take the lump sum, do I lose insurance? The documentation was not clear. Anyone know?

Sabbatical and layoff

I'm eligible for sabbatical next year. If I get laid off and my severance takes me through next year, do I receive any compensation for sabbatical?

Sabbatical Bonus Reduction

How about that great sabbatical? Sure you get paid while off. But, your bonus is prorated for the amount of time you’re off. And then it’s NOT brought back to the baseline level it was before the sabbatical. I wonder if the bank tracks all that $$... — read more 

Town Hall

I missed the call because Im out, can anyone fill me in about what exactly was said about RTO? Did they actually say we're going back to 5 days later?

Warren Buffet

Isn't it obvious why he's selling shares? He's a man of country and pride - and smells malice/greed at this bank well beyond his tolerance. He could have moved his billions long ago to more profitable investments, but the humanity of this particular... — read more 

Remote Employees

How many of you are fully remote employees or are you hybrid/ full RTO ?

Merrill Wealth Management Banking

Just recently Wm banking has gone through a realignment. All of the "top performing bankers" who already covered 35 advisors were rewarded again to cover only the top producing advisors, while the bankers who werent allowed to cover any advisors... — read more 

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| 1200 views | | 3 replies (last February 24, 2025)
Post ID: @OP+1jmt3g6qm

Employee Monitoring

Just curious, anyone skeptical why we need RFID chips in our access badges? It’s my understanding that the RFID chips can be tracked in office through the WiFi RX/TX modules…. Similar to the JPM WADU (Workforce Activity Data Usage. No a slacker at... — read more 

Are title promotions a joke?

From my experience it’s not usually merit based. I see people with half the experience and skill as others get title bumps.

External hiring

Anyone know when the freeze to hire outside the bank will open up?

Chase employee fired for Town Hall question

This is for everyone saying we should ask tough questions and speak freely during our town hall meeting. This Chase employee FAAFO. https://fortune.com/2025/02/15/jpmorgan-chase-firing-rto-work-from-home-technology-zoom-welch/

BofA Sticking w/Hybrid

It's official for now. 😉 I hope it stays this way. My site doesn't have the capacity for 5 day anyway. They had to give a positive after the extra cr-ppy bonuses and... — read more 

Downtime

What are you doing to keep yourself busy and sane while not having much work or waiting for assignments? gotta keep myself active on skype and I think I've read every single flagscape article

"Realize The Power of Our People"

And by that, they mean the power of THEY the SHEPHARDS and their power to say you've been eliminated at a moment's notice. Like life itself dealing a sudden cardiac arrest, a stroke, or a violent vehicle impact. Trust the team, and deliver... — read more 

Tone deaf company

Flagscape - people are buying off brands, generics - course we are - no raises to keep up with the cost of living. Flagscape - what are you saving for? Not saving, trying to keep my head above water.

Maternity or Paternity Leave ?

I'm getting ready to have my first baby in June and will be obviously taking a LOA. I do plan on taking the full 16 weeks unsure if I'll do any additional unpaid time off but those of you who have taking leave how easy was it with HR and coming back?... — read more 

Can't wait for employee surveys - scoring all LOW

Just like the title - can't wait for the employee surveys. Everyone needs to submarine the cr-p out of these surveys and score so low that BOFA starts to actually panic they lost the employees for once. Take pride in scoring the lowest you can and... — read more 

Ask real questions on the next townhall --

It's time people start asking some real questions on the next townhall. Stop all these layup Q&A and someone really push a ton of questions about compensation. Rise up against these people and stop letting them continue to su---r punch us year over... — read more 

BofA needs a Union?

Im tired of the 0-3% regardless of the billions in extra profit! We went from $17billion to $24 billion and still only got max 3%! Were $100k underpaid due to the last 40yrs of inflation and lack of wage increases during the sametime period! The CEO... — read more 

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