https://www.goldmansachs.com/insights/pages/outlook-2023-us-expected-to-escape-recession.html https://www.msn.com/en-us/money/markets/brace-for-violent-shocks-that-may-reshape-the-global-economy-forever-warns-top-economist-mohamed-el-erian/

Any word on EOY salary / bonus money? Better, worse, about the same?

Currently on All Hands Call with Matt Y. Fraud gets 5 WFH days a month. BFD!

I've put in my two weeks notice and I'm trying to decide if I should tell anyone at my company about the new opportunity I'm leaving for. I know that management and some coworkers will ask me why I'm leaving and my boss even said he'd like to hear... — read more 

So the bank gives out shared stocks as incentive for retention.. but I’m pretty sure they’re realizing employees would have preferred cash money NOW vs 4+ years from now considering the inflation struggles for most families. The original emails... — read more 

Manager showed an excellent review version A to the employee in the review meeting, with the timestamp showing when the employee signed and acknowledged it. Then manager sneakily added a very bad review version B , without letting anyone know, it... — read more 

Joined a new team few months back. Was told no documentation to follow and needed to get trained on specific business operation by a tenured team member (my work is technical but need to understand new business for my tech job). This was when... — read more 

15 yrs service, 5 weeks vaca. ( bought a week off); 4 weeks sabitical. Total 9 weeks paid time off. Not accounting for sick time & paid bank holidays. Not sure what all the noise is about on this site. Be enlightened & rewarded.

So hopefully BofA takes note on what happened at Twitter today haha! Elon demands return to office and long hours.. most folks resign. Good for them! Americans have always worked long, ridiculous days and hours compared to most other countries… we’re... — read more 

This place is just a shell of what it used to be. Which change did the most damage to this place? I can't decide.

The US is largely a BS economy, as the late David Graeber pointed out. All that potential wasted on BS. A growing "educated underclass" that's bound to get angrier. And millions of people chained to meaningless work and long hours. So when do... — read more 

My boss recently assigned me one day tasks asking me to finish by EOD. After I delivered, boss told me I was too slow, he'd like to see me to finish them within 1-2 hours which was the time he thought is enough for a technical job. He only did it to... — read more 

https://www.highereducationinquirer.org/2020/05/lets-all-pretend-we-couldnt-see-it.html

Can manager wrote a very good review and asked you to acknowledge it, then added a very bad one after your acknowledgment and didn’t let you know about it? Is it legal for managers to forge employees’ review in United States?

This place has changed a lot. What bothers me the most is the lack of professionalism in the workplace, which used to not be the case. It is surprising that managers now in some ways protect those for whom there is no excuse for being... — read more 

Meta layoffs: 13% of workforce laid off (November, 2022) Twitter layoffs: 50% of workforce laid off (November, 2022) Zillow layoffs: 5% of workforce laid off (October, 2022) Peloton layoffs: 12% of workforce laid off (October, 2022) DocuSign layoffs:... — read more 

I am in retail sales and due to receive Q3 bonus on 11/26. However, I have had two surgeries in the past 10 weeks. Does anyone know how the payout works? I don’t have access to checs while on leave. I spoke with my Manager briefly but he wasn’t sure... — read more 

Ken Ullmann, fired? resigned? forced to resign?

So they bug the heck out of us to respond to test enact calls.. but then they don’t use them to notify employees that the campus is closed?!? They sent an email out after 5p Tuesday after most folks have left for the day to say they’re closing the... — read more 

If you're just discovering that, you haven't been paying attention. Other than those of us who are waiting on retirement, I don't think anybody with options is still here. Or if they are, they are here because they're hoping they'll be laid off and... — read more 

Don't kid yourself - Top performers aren't immune to layoffs. In fact, they are oftentimes targeted because they tend to be the highest earners on a team. The bank is notorious for getting rid of top earners and replacing them with younger workers at... — read more 

Treated well, compensated fairly. Not worried about any layoffs or negative nobody's

14% laid off at Stripe FinTech, that'd be about 1000 folks and all in San Francisco as it seems, so maybe the real estate prices go down This is what their CEO said:... — read more 

Can we get back on topic for a bit and talk about layoffs? When can we expect more and which areas are the most vulnerable at this point? I don't live in a fantasy land in which layoffs are not coming, so not knowing anything is annoying and... — read more 

Anyone else notice their laptop has been ridiculously slow, especially starting around the time they install that spy/tracking/micro-managing software?!? Constantly getting alerts for updates with that program in my laptop takes 5+ min to... — read more 

Anyone else tired of all the repeat emails and “friendly reminders” that they forward about engagement activities and stuff that’s easily found on flagscape?! Why do they complicate things and fill up our mailbox with duplicate garbage? If we had... — read more 

Every bank became high risk during COVID, is managing that risk profile the primary driver for RTO across the industry? https://www.ffiec.gov/pdf/cybersecurity/FFIEC_CAT_Inherent_Risk_Profile_June_2015_PDF2_b.pdf

Cost-cutting will help Bank of America Global Markets improve operational efficiency To: Shareholders of Bank of America and Management of Bank of America Costs are increasing as revenues are being constrained. Reduced personnel costs are... — read more 

Certain teams in trading did good job, they deserve fat bonus. But majority of trading people are just lucky this year is volatile, next year they are screwed when volatility going down. They do not deserve a large bonus. Don't forget success of... — read more 

I could never work for a company that I have such a bad opinion of. BofA could be better in many ways, but when I read some of the complaints here and how much people actually despise this place and their jobs here,,, it's unbelievable.

I don't think of myself as the best employee, but it surprises me how quickly this has become a place of mediocrity. There are still excellent employees here, but I would say that only 10% of employees are very competent, 50% barely meet acceptable... — read more 

Bank of America: Don't Be Fooled Bank of America is down 27% from its 52 week high and 25% year to date. Even so, the bank is up 6% after beating earnings on both the top and bottom lines... — read more 

https://www.dailydot.com/irl/bank-of-america-worker-laid-off/

As title, let me be the first one, in California, no reason given, no severance.

When I compare the current BofA and the original culture that this place once had, it is almost incomparable. Do you remember how it used to be? Sad how quickly this place is changing for the worse.