Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Office relocating

Anyone know the limit on how far they can make you commute? The office is currently 10 miles from me but they’re moving our office to more than 40 miles away from my home (it’s 30 miles from the current office). Will I be forced to make this move? — read more 

Upcoming reorg

Anyone have any insight or guesses on the next realignment strategy for the FC channel? Something is brewing

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| 2490 views | | 7 replies (last November 16, 2022)
Post ID: @OP+1jiGXl4V

Real numbers...

Read it and weep... http://www.shadowstats.com/alternate_data/inflation-charts

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| 1650 views | | 1 reply (October 19, 2022)
Post ID: @OP+1jhJl7ta

Micromanaging is starting to drive me crazy

What is happening to me now I wouldn't even call micromanagement. It's worse than micromanagement and it's become extremely stressful to have to deal with it on a daily basis. And no, there wasn't any incident that brought the level of trust down... — read more 

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| 2230 views | | 7 replies (last October 19, 2022)
Post ID: @OP+1jgUraN9

Flexibility Announcement

Thoughts? Seems like it will be very role focused. Seems the most flexible are specific roles that allow for 2 days a week from home max.

BOA should take a page from this!

https://www.chicagobusiness.com/workplace/harley-rethinking-its-headquarters-ceo-rejects-return-office ____________________________ (Bloomberg) — Companies from Apple to General Motors to Goldman Sachs Group are grappling with how to coax... — read more 

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| 1340 views | | 1 reply (October 19, 2022)
Post ID: @OP+1jgnnseT

Today's the day

Today we find out if the cuts will continue or if they'll intensify. It all depends on the quarterly results. I'd like to believe that things will turn out okay but I'm a realist and not an optimist for a reason. Chances are higher that we are going... — read more 

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| 2100 views | | 3 replies (last October 18, 2022)
Post ID: @OP+1jfV6LTz

On vacation, now laid off

Received via Fed Ex , services n Ionger needed . This while on PTO. Was here 17 years. Sadly no longer.

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| 2780 views | | 8 replies (last November 15, 2022)
Post ID: @OP+1jfVz7vl

Hybrid announcement coming soon?

I heard we should know something by the end of the month about hybrid. Then it would go into effect at the first of the year. I’m current five days a week in office so this would be nice. I worry they will do something like Monday, Wednesday, Friday... — read more 

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| 2620 views | | 8 replies (last November 4, 2022)
Post ID: @OP+1jeFW4eq

BofA, what are you doing?

My longtime colleague who was a great employee and who really loved his job could no longer bear the pressure and left. A lot could be written about how much he was constantly criticized for no reason whatsoever. In his place is now a person who is... — read more 

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| 2020 views | | 2 replies (last October 14, 2022)
Post ID: @OP+1jbrhFGv

Covid Supplies Missing

In Jersey City, on my floor they removed the table that held the masks, hand sanitizers, and alcohol wipes. For those who come into the office, has anyone else noticed this in their areas yet?

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| 1660 views | | 9 replies (last November 4, 2022)
Post ID: @OP+1jaDYzvQ

Chris Rock, everyone!

Comedians, that’s all leadership are. “Compensation is based on bank performance…” Guess when the bank “only” made 18 BILLION dollars, that was a bad year which was used as an excuse for chit raises and bonuses. These people are completely out of... — read more 

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| 1504 views | | 2 replies (last October 11, 2022)
Post ID: @OP+1j93S9iY

Here is comes...

Can't say you didn't see it coming... https://seekingalpha.com/news/3889743-credit-card-delinquency-risk-study

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| 1341 views | | no replies yet
Post ID: @OP+1j9sFljJ

How come there's no news on more cuts?

This place is usually abuzz with layoffs info but there hasn't been anything concrete for over a month. I'd like to take that as good news and just enjoy it, but I'm getting worried that it could be the calm before the storm. Do we know if anything... — read more 

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| 1750 views | | 2 replies (last October 11, 2022)
Post ID: @OP+1j51LvOi

Craziest Process Yet

Ok ..I know it's free...I know there are worse things to gripe about ..but seriously folks...you are gonna charge me for my meal if I DONT get chips and cookies?

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| 1652 views | | 4 replies (last October 12, 2022)
Post ID: @OP+1j56eHiu

Constant enormous pressure

I wouldn't be here today if it had always been like that. What I am experiencing now is not even micromanagement, it is worse than micromanagement. How are we supposed to work under so much pressure? Are they aware that the risk of making... — read more 

Lack of respect from leadership

Lack of respect towards employees is my biggest issue here. Several managers have a myriad of complaints against them but nobody cares. Nobody wants to deal with it because the ones being bullied are not high enough to matter. No matter how many... — read more 

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| 1970 views | | 9 replies (last October 13, 2022)
Post ID: @OP+1j303bXe

Hurricane

So… we have everyone in America wondering why people didn’t evacuate Florida… Yet this id--t State that is already beyond max capacity on the highways didn’t give evacuation orders, therefore employers fully expected everyone to stick around. Do... — read more 

No worries...

"The investor of "The Big Short" fame noted in a Friday tweet that there are 218 companies with a primary stock listing in the US, a market capitalization north of $1 billion, and annual losses exceeding $100 million. Of those, 29 boast market caps... — read more 

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| 1800 views | | 3 replies (last October 5, 2022)
Post ID: @OP+1j2UBm4S

People say "act your wage"

I mean, it's easy to tell someone act your wage and don't do work for three people. In practice, it is not so simple. I once made a mistake when I showed that I could do more work and since then I have been constantly getting more to do. I think it... — read more 

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| 2200 views | | 5 replies (last October 13, 2022)
Post ID: @OP+1iXZelrK

Open enrollment

Can anyone share why the PPO plan is not available in all areas next year? My area only has the high deductible and consumer direct plans available.

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| 2170 views | | 4 replies (last September 30, 2022)
Post ID: @OP+1iWUMUYa

Job freeze

Announced today in cc div

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| 2970 views | | 8 replies (last February 12, 2023)
Post ID: @OP+1iVS4ARQ

B4 Business Control Manager Salary

Does anyone know what the salary range is for a band 4 Business Control Manager in Charlotte, NC? Presented with an offer and trying to determine % I should counter. Any advice?

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| 2380 views | | 2 replies (last September 28, 2022)
Post ID: @OP+1iUCsDUX

flexible?

Anyone know the flexibility the bank will announce? In terms of if they will come out with hybrid? I feel like they need to do something at this point to compete with other banks/employers. Does anyone know?

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| 3390 views | | 12 replies (last September 28, 2022)
Post ID: @OP+1iR3trZl

Please give me the package

The only thing I hope for now is a package, so I can finally leave this place in peace and forget about this absolutely awful leadership. Unfortunately, I think that a poll would probably show that more than half of the employees think the same.

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| 2010 views | | 4 replies (last September 22, 2022)
Post ID: @OP+1iOS4oC8

This will be fun

https://www.reuters.com/business/finance/big-us-bank-ceos-be-grilled-by-congress-consumer-social-issues-2022-09-19/

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| 1780 views | | 5 replies (last October 12, 2022)
Post ID: @OP+1iNAeLdL

Job Cuts?

I heard on the news that Bank of America, along with JP Morgan Chase and other companies have announced job cuts. Does anyone know which jobs are being cut?

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| 2960 views | | 6 replies (last October 12, 2022)
Post ID: @OP+1iMtphbt

Glad I am out of there

I was so angry when I was laid off, especially considering they decided to keep the most incompetent person on our team, but honestly, today I’m so glad I was. It took finding a new job and settling in for a few months to realize how toxic my former... — read more 

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| 2030 views | | 5 replies (last September 26, 2022)
Post ID: @OP+1iLvIcC7

Constantly hurting the morale of the best and most loyal

My mistake is that I didn't leave here long ago, but this place used to be much different. Someone asked an excellent question - is it the incompetence or is BoA intentionally hurting the morale of the best and most loyal?

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| 2080 views | | 8 replies (last September 29, 2022)
Post ID: @OP+1iKZmtnI

Egomaniac manager

You must know the type: he or she is always right, no matter what. It doesn't matter if their "solution" will harm the bank and/or the client, they'll do their thing because nobody can be smarter than they are. How the he-l do you deal with a manager... — read more 

Sabbatical Announcement

Am I reading the announcement correctly that unless you exactly hit one of the milestone anniversaries in the year 2023 no matter if you have already passed the 15, 20, 15 year mark, you have to wait until you actually hit the next milestone to be... — read more 

Wells Fargo is forming a Union, we should too!

Employees from Wells Fargo are in the process of forming a union. This is huge news since banks are notoriously anti-union and like all corporations would rather spend millions in lawsuits than succumbing to workers’ requests. If they are... — read more 

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| 1900 views | | 12 replies (last September 30, 2022)
Post ID: @OP+1iIzFm8Z

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