Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

How are wfh violations tracked and punished?

Team has been 3 in office 2 at home for a while, but not everyone adheres to this. Some I know only go in once or twice a week. How is this stuff monitored and are there warnings/escalations or does someone just run a report one day and fire... — read more 

AML operations feedback

Does anyone have any feedback on aml operations under Patricia clement? I am considering taking up a band 4 role and would like to know what the culture is like. TIA

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| 1770 views | | 5 replies (last February 24, 2023)
Post ID: @OP+1kTzhPS8

GTS Bonus $$

Seriously cr*p bonus $ (down 25%) ….. considering all the issues we’ve had and continue to deal with the last year. Anyone else quiet quitting, bare minimum, here I come.

Remember to do the bare minimum

I see alot of people complaining about low raises or bonuses. Remember the bank does not care about you. Don't go the extra mile for it and have low expectations, if you aren't getting paid well then move on. All the double speak your managers... — read more 

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| 1831 views | | 2 replies (last January 28, 2023)
Post ID: @OP+1kTaKRIO

The same rules never apply to everyone

What's even more frustrating than the actual work from office is the fact that rules here are never applied equally to everyone, so someone will really come to the office regularly, and those who are favorites will successfully "avoid" that rule... — read more 

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| 1830 views | | 6 replies (last January 30, 2023)
Post ID: @OP+1kStkg6N

Compensation Conversations

Manager hasn’t scheduled me for a comp conversation and I’m seeing conflicting information in threads. I keep seeing no raises and 20% reduction in bonus but healing internally that the go ahead to release info hasn’t been received. Are both of these... — read more 

I'm done with this cr*p

I'm tired of being denied promotions because my manager and those above him think that if I get promoted, then there will be a vacuum in my current role. What do they want me to do? Stay in the same position forever? I've been doing this job... — read more 

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| 1940 views | | 7 replies (last February 2, 2023)
Post ID: @OP+1kRYvJse

Stock awards

So how many are we getting? What is the breakdown by salary level?

Title promotions

How does one actually get a title promotion? I’ve read the criteria for various titles but how does it actually work? Is it basically Mgmt talking to HR and getting them to click a button?

Performance Raises

No merit increases this year despite record inflation and Brian Moynihan getting huge 30% raises year over year. That’s one way to chase away top talent! This company isn’t what it used to be… you bust your a-s to the bone and get absolutely nothing... — read more 

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| 2220 views | | 6 replies (last February 9, 2023)
Post ID: @OP+1kQchm1z

What would keep you here?

Those who seriously intend to leave, I wonder if there is anything that could make you change your mind about leaving this place. I am quite skeptical when someone tells me that the grass is greener elsewhere, because it all depends on one's... — read more 

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| 1430 views | | 4 replies (last January 26, 2023)
Post ID: @OP+1kQrBaoo

Informed today of stricter 3 days in office policy

Manager called team together and informed of mandatory 3 days in office to be enforced. If they are calling meetings to enforce this is this part of the new get people to resign and reduce head count ploy ?

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| 2320 views | | 8 replies (last January 30, 2023)
Post ID: @OP+1kP2AB50

Anyone else worried

That Brian won't get another 31% increase? Praying he gets enough so he can feed the family. I'm happy getting 20% smaller bonus and no pay increase. We all need to sacrifice for Brian and the shareholders. And for folks complaining about coming... — read more 

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| 1731 views | | 3 replies (last January 23, 2023)
Post ID: @OP+1kOqziE0

Missing Money

Why wasn't there a company wide notification email to all employees about this? https://www.yahoo.com/lifestyle/bank-america-slammed-money-suddenly-212936597.html

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| 1860 views | | 4 replies (last January 24, 2023)
Post ID: @OP+1kNOdfFW

After reporting a very bad bully New

After reporting a very bad bully to HR, employee was given shorter project deadlines. However employee still succeeded with meet at yr end review. But, employee received an "Action Plan" too for not manage time good per management. Employee had... — read more 

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| 1510 views | | 4 replies (last January 20, 2023)
Post ID: @OP+1kM4wgnW

So let me get this straight

https://fortune.com/2023/01/19/bank-of-america-ceo-brian-moynihan-slowing-down-hiring-low-attrition-past-target-headcount/ They paid a majority of the organization 7% to stay last year. Now we can't hire because too many people stayed. PLUS... — read more 

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| 2110 views | | 5 replies (last January 22, 2023)
Post ID: @OP+1kLuh6TP

Almost everyone would like to receive a package

This place is getting worse by the day. Isn't it sad that there are more and more people who are still here just because they are waiting for a package, than those who still love working here?

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| 1580 views | | 8 replies (last February 2, 2023)
Post ID: @OP+1kLfpHM6

BofA cuts

Wells Fargo had layoffs last week, BNY Mellon is laying off right now, so when will it be our turn again?

Securities trades

Does working at BOA interfere with you doing stock trades on your own, in personal accounts? Are there any requirements, disclosures etc. needed?

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| 1520 views | | 9 replies (last January 24, 2023)
Post ID: @OP+1kEX3tUl

Manager on call..

So our manager was on a call… talking about being sick, coughing, sniffling, and clearing throat non-stop… and sitting IN THE OFFICE while on WebEx. Ignorance at its finest. SO over this fake “let’s connect” excuse! You wanna connect?! Ditch webex... — read more 

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| 1930 views | | 4 replies (last January 14, 2023)
Post ID: @OP+1kCIQIfB

buy shares at $34.11

Buy puts for 1/13 strike = $34 = $0.69 This is for all you complainers about not getting a decent bonus. Happy New Year y'all

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| 1770 views | | 4 replies (last January 13, 2023)
Post ID: @OP+1kBZIpd1

COVID update..

I woke up with a cough and sore throat.. the home test was negative, but I was suspicious. I called SOAAC and let them know- and stated that I am capable of WFH so not interested in using any sick time because again, I’m capable of WFH as we did for... — read more 

A New Plateau?

https://www.reuters.com/markets/us/biden-says-us-economy-headed-new-plateau-amid-recession-fears-2023-01-05/ https://www.cnn.com/2023/01/04/investing/alan-greenspan-fed-recession/index.html

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| 1162 views | | 1 reply (January 8, 2023)
Post ID: @OP+1kAjgops

Medical accommodation process

What’s the process? Do I have to tell my boss the reason? My doctor is willing to complete paperwork and my disability is covered by the ADA. Is it hard getting approved?

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| 2440 views | | 7 replies (last January 14, 2023)
Post ID: @OP+1kzPFRuz

Bank of America treated me well

I was there for fifteen years. Left in the late 2000s. I can honestly say that was the best job I ever had. I left for better pay and while my next workplace was okay, it wasn't the same. It breaks my heart to see how employees are being treated... — read more 

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| 2110 views | | 7 replies (last February 3, 2023)
Post ID: @OP+1kylKvwg

2 week hiring freeze

Not sure why it was deleted but no offers will be extended for 2 weeks; internal or external.

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| 3430 views | | 8 replies (last January 20, 2023)
Post ID: @OP+1kybZX27

After Reporting aVery Bad Bully 2

After reporting a very bad bully to HR, Manager changed full time employee’s review from excellent (employee acknowledged the good one days before change) to very negative without employee’s knowledge; Sent emails to employee stating employee was... — read more 

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| 1860 views | | 7 replies (last January 20, 2023)
Post ID: @OP+1kyaHdQh

Time for a change

This is the perfect time to look at why you're staying at Bank of America and see if it's time to move on to the next chapter of your career. Realistically, nobody is staying here for the pay or benefits. You can get better at any alternative. People... — read more 

CFO's Expect Hard Landing

https://www.cnbc.com/2022/12/28/dow-headed-below-30000-slim-chance-of-soft-landing-for-economy-cfos.html

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| 1213 views | | no replies yet
Post ID: @OP+1ks3emtp

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