Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Working from abroad

Thinking of working from overseas for one week. I’ll come to the office every day the following week. Do I need to ask my manager for approval ? Is it allowed ? Anyone has done it ?

Service chat is hiring

Service chat is hiring for Merrill Edge. It is the absolute worst job in the history of jobs. Save yourself and do not apply. And you are welcome for the info.

Why no one is getting big raises anymore

A Bank of America Institute report shows the median pay raise for job-to-job movers has cooled. Job switching has slowed from its Great Resignation era highs. Middle- and higher-income job seekers could "have somewhat less leverage," per the... — read more 

Question

Does your line of business/department make you use sick time to use the bathroom?

Hybrid mode question please

I live about an hour and 20 mins away from the NYC office and considering accepting my offer. How strict is the 3 days from office requirement?

Does anyone else do this?

Show up to the office late, 9:30-10am and leave by lunch time 3 days per week to get their swipes in Pretend to be at capacity with workload but only working 2 hours daily or less Keep to yourself so no one bothers you about helping out with... — read more 

Negotiation Advice

With Mid Year Evals coming up, does anyone have any advice when it comes to requesting increased comp? Hoping to hear some success stories too!

incongruent salaries - your experience

I found a couple jobs online in NYC where pay range is included. they both a lower than my current salary. what is your experience in making a move to a role that is officially capped lower than where you are before you get there? band 4, front... — read more 

resolution team

the resolution team at Merrill Edge handles complaints and also when clients ask to speak to a supervisor. Not all team members have their series 9 and 10. This used to be a rule that you needed your supervisory licenses for this. Did FINRA get... — read more 

Is July 4th an exception week for tracking?

Is July 4th an exception week for tracking or is the in-office mandate of 3-4 days per week still required this week? My manager has been OOO for a few weeks so just trying to confirm what the expectations are this week as I can’t personally find... — read more 

Confirmed Laid Off ..

I saw today on LinkedIn a project manager is being laid off in 2-weeks due to budget cuts. This person has been there just a year. Sorry I do not have more information than this.

Truist investments

Which is worse? Truist spending over $100MM for a C level Golf tournament sponsorship OR Certus decommissioning $1MM in Pennies for wall art?

Mental Health leave

Has anyone been approved for a paid leave for mental health? What would be the process and how long does it take?

Layoffs Nov/Dec 2024

Has anyone else heard of upcoming layoffs this Nov/Dec? I learned of meetings happening where 12-18% workforce cuts were discussed and changes to the operating budget of several LOBs. Some of our internal tooling data to my surprise showed those... — read more 

Key stroke tracking

Serious question-is anyone aware of upper management using tracking software to monitor their employees key strokes and emails, pings, etc. how does that work? Do they have to load something into your computer or? What would it be called? Is that... — read more 

Scorecards for Third Party - Roll Out POST ESAT

Very interesting that the concept of scorecards has been in the works for half a year but kept top secret until the ESAT is almost complete. Why not be open and transparent? Because the management team is manipulating the ESAT a results by... — read more 

Heads up on WFH video background craziness

In some areas leaders are now asking employees to let them know when they're working from home IF they're using a background on video calls that day. Because the perception is a background means you're working from home. Not a rumor, happening in my... — read more 

Citi

Citi increased maternity leave to 24 weeks. Will Bank of America do the same?

CVL org change?

Anyone have any information about the CVL move back to mortgage? It's all been very hush, hush. No major org announcement and all folks have been told is all of Sales, including ops, is moving under mortgage. Effective immediately, Flagscape updates... — read more 

Online and Mobile slipping

I guess our digital folks are slipping and Aditya is just blowing smoke to the public, as our customers are not as enamored with our Online Banking and Mobile as Aditya is enamored with himself. We slipped Mobile app customer satisfaction Capital... — read more 

Credit Assistance

Tap in: rumor mill says you love the CA role, i personally think it’s one of the worst there is. Curious to know how many truly love it, or they are just as miserable specially those that were transferred without any say.

Associate Survey

Gentle reminder to complete the associate survey if you have not done so already. Completing the annual employee survey is crucial because it provides a platform for staff to voice their opinions and feedback, which can lead to meaningful changes... — read more 

Feedback

Does anyone know or have any experience with a MA. A coworker was advised that they cannot guarantee a job or their job and can’t tell if it’s a scare tactic or they will legitimately let them go. Looking for advise as they are currently going... — read more 

Band 5 to Band 4 Promotion

GTO. Being promoted to a new role (will have to go through the hiring process) that is Band 4 individual contributor from Band 5 individual contributor. The net new role responsibilities will essentially be a principal engineer (without the title)... — read more 

Memorial Day week badge swipes

Does anyone have any insight on whether badge swipes will be tracked and reported that week? There will be many employees out on vacation that week.

B of A isnt what it used to be

B of A used to be an amazing bank. Used to be. Now it's going down hill like an Olympic luge sled. No surprise. Most management is bad management. That's why 40% of all businesses that survive their infancy fail in the first five years. Egos... — read more 

Please Help This Family

https://www.dailymail.co.uk/news/article-13391501/Bank-America-banker-former-Green-Beret-dies.html Donate here if you can https://www.classy.org/campaign/the-lukenas-family/c585052 Thanks

Layoffs

I have heard about June Layoffs? Any other info out there?

RTO 5 Days a week

I recently hear that Bofa wants to be the first Bank to bring 5-day RTO starting January 2025. Has anyone heard any details on this or the confirmed timeline?

Job Title Change

Anyone else have their job title changed? We are being told it's a corporate initiative so all roles are aligned.

6 week period to calendar

Does anyone know when the next 6 week badge swiping calendar starts? It would be helpful to plan.

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