Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Laying off employees soon after hiring them

I was hired four months ago. I left a decent job for better pay and a chance of progression. Now I learned that Bank of America is known for laying off people who have been here less than a year. Is this true? How worried should I be? If I had known... — read more 

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| 2490 views | | 6 replies (last September 12, 2022)
Post ID: @OP+1iFUPa80

Working two full-time jobs during WFH

I need people to be honest with me, please. Did you manage to balance two jobs while working from home? Several people have called me crazy for not taking the opportunity while we were on full WFH to do another full-time job and I think they're full... — read more 

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| 2510 views | | 14 replies (last September 13, 2022)
Post ID: @OP+1iDTqx5I

This place ki---d my drive

No matter what I do there's always something they'll find to complain about. I've been busting my a-s for this place just to be met with expectations to do more. It's never enough. Well, I no longer care. If you can't satisfy somebody when you know... — read more 

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| 1600 views | | 7 replies (last September 9, 2022)
Post ID: @OP+1iBMjeLo

Just leaving this here

Sept 6 (Reuters) - Bank of America Corp (BAC.N) will outline flexible working standards over the next six to eight weeks that will adapt to changing conditions, Chief Executive Brian Moynihan said during a New York industry conference on... — read more 

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| 3150 views | | 12 replies (last September 17, 2022)
Post ID: @OP+1iAIy0E5

Early retirement packages?

My friend at a large company was offered a package to leave as were others. I remember back in 2005? The back offered this. What do you think the odds of that are now. We seem to have an unbalanced group over 40 vs under. Just curious on peoples... — read more 

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| 2020 views | | 7 replies (last September 9, 2022)
Post ID: @OP+1iAjcvx1

Does Anybody Know???

I just had a short term disability claim decision changed by Sedgwick from "denied" to "approved". This is after months of them arguing with my various doctors. Now I have been told that I will get back pay for about 20 weeks. Does anyone know if... — read more 

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| 1740 views | | 4 replies (last September 3, 2022)
Post ID: @OP+1iv7Om9x

What do I gain for being a band 4 versus 5?

Hello - aside from a potential pay increase, what else do I gain if I move to a band 4? I think I get an extra week of severance for each year of service should that ever happen. What else changes?

Layoff Before Q3 Ends for Better Earning Result

Q3 almost ends, now it is time for management to trim headcount and to cut cost. Our Operating Revenue / Front Office Full Time Staff is lower compare to peers. Many of middle managers are toxic to business. Global markets must deal firmly with the... — read more 

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| 1820 views | | 5 replies (last September 6, 2022)
Post ID: @OP+1ivyXcwR

Just to recap…

“We reviewed compensation and opted to give your hard earned money to the people who are entry level and provide basic services vs the top level associates whose work actually has direct impact on the organization.” Always a nice slap in the face... — read more 

Quiet quitting

I know this is the new phrase of the month or whatever but I think some of you are misunderstanding its meaning and taking things too far. The point of quiet quitting is to do your job and just your job. It's not to do barely anything the whole day... — read more 

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| 2050 views | | 8 replies (last September 29, 2022)
Post ID: @OP+1ivIb41t

Employee Satisfaction Survey Is A Joke!!!!

They pretend they care about ESAT result. They don’t. Managers with bad reviews still stay and wasting bank’s company, corrupting our culture, and playing politics. If management take ESAT seriously, they need to layoff managers with bad ESAT... — read more 

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| 1690 views | | 4 replies (last September 29, 2022)
Post ID: @OP+1iupVHPy

Time tracking

So if they’re going to track when employees log in and out for the day with the newest micro-managing tracking platform, why don’t they just log hours for them!? I mean, if you don’t trust employees, at least save them the hassle of logging in to... — read more 

Insurance premiums widdle away at our income

For the 11th year in a row no increase for the lowest earners but anyone above 50k has their earnings reduced AGAIN. Man, compounding costs while keeping pay the same HURTS.

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| 1520 views | | 5 replies (last September 2, 2022)
Post ID: @OP+1it5ISvl

The biggest reasons for leaving?

I will leave this place exclusively because of the manager. I believe that if you were to make a list of the biggest and most frequent reasons why employees leave, bad managers would be at the top of that list.

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| 1560 views | | 6 replies (last September 12, 2022)
Post ID: @OP+1isCKNFx

2 Week Notice?

Anyone put in their 2 week notice lately? Is BOA honoring that, or are they being a holes and telling you to let that be your last day?

New System

So we got this new system that went live this past Monday 8-22. It was created for front line collectors but before making sure it worked for every department including all Specialty Units they went live and guess what the Specialty Departments lost... — read more 

Military spouse MyWork?!

I’ve been with the bank for just over ten years now. My husband was recently given orders to PCS to another state, nowhere near a bank office. What are the odds they’ll move me to MyWork without much hassle? I’m already working from home with a... — read more 

B4 Business Control Manager

Does anyone have experience or knowledge on estimated $ range for a B4 Business Control Manager in GO?

Where is buyback money?

Bank of America announced a big buyback, but where does money come from? Consider Global Markets still need to pay a lot of expensive external hired middle level managers just bullsht

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| 1040 views | | 1 reply (August 25, 2022)
Post ID: @OP+1ioYe927

Some positive news, for a change

Bank of America tops goal for veterans hiring Bank of America said it hired 2,600 military veterans this year on top of a five-year goal to add 10,000. The additions mean a 24 percent increase in representation of veterans at the bank, according... — read more 

Collaboration in the office

Of course, collaboration is important, but I don't think that collaboration is much better when people are sitting tired and frustrated in the office. What is the collaboration like on your team when you are in the office? I don't notice any... — read more 

Anyone negotiate WFH?

I got a job offer at BOA. Currently 3 days in office at my current company but want to be full remote. Anyone have any luck in the negotiation process negotiating full time WFH?

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| 1960 views | | 9 replies (last September 12, 2022)
Post ID: @OP+1inXMSBm

Global Markets Need To Cut Cost!!!!!!!

In past 2 years, global markets hired too many middle level manager from outside. Many of these Directors were not able to demonstrate their values. Senior management should let go external hired directors who just bullsht and promote juniors who... — read more 

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| 1121 views | | 1 reply (August 24, 2022)
Post ID: @OP+1in94GiY

RTO is a joke

I keep hearing that it's necessary because of collaboration and being a part of a team, but most times while I'm there, there are only a few of us present. In some cases, when I had to go in on a Friday, I was the only one there! Their excuses for... — read more 

Start with GTO

GTO is a mess. People are significantly over paid and very light on workload and knowledge. They hired a lot of people recently but not employees with the right background. They get a budget and spend it all. They need to do massive cuts in that... — read more 

Don't ruin your health over a worthless company

Bank of America has proven many times over how little it cares about us. I think it's time we return the favor. Take your breaks. Stop working at your scheduled time. Take your sick days. Every time they need you to do something extra, find yourself... — read more 

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| 1750 views | | 7 replies (last September 5, 2022)
Post ID: @OP+1ilKm7vo

What’s up with Enact???

Why are they blowing me up all of a sudden? They realize it’s nearly 11pm on the weekend, don’t they! Wow- rude and pretty disrespectful.

Stop with the ENACT calls on my Sunday!

Seriously!?! They’re calling me to run the latest update on my mobile phone at 10:30 at night on a Sunday!?!? WTF?!?!!? And it’s so ridiculous that the automated voice message says they “notified me many times” when they have not!! Do they think I’m... — read more 

I keep hoping for layoffs

I'm sorry, I know that might sound insensitive, but it's the truth. I keep hoping and praying for layoffs and that I'll be among those who are affected. I hate RTO more than I can say even though I only show up two days a week, max. It reminds me of... — read more 

How to avoid layoffs the BofA way

Force RTO for ridiculous reasons like "you need to be together to collaborate" even when all members of the team are in different cities. Claim to have an environmental impact by offering a few dollars off an electric car while at the same time... — read more 

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| 1620 views | | 1 reply (August 20, 2022)
Post ID: @OP+1ijzTHPa

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