Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Get Vax or Ax is where BOA is going soon.

This company doesn't give a rats azz if you get vaccinated or not. They feel it will continue with you or without you. They know they will lose talent but the show must go on in their eyes. They will continue to bring in foreigners to take your job... — read more 

Do you manage to concentrate on work?

I'm used to working under pressure, but what is happening now demoralizes me so much that I can barely finish the job. Maybe it's because I had high expectations that the situation would improve, but at BofA it's getting more chaotic every day... — read more 

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| 1620 views | | 8 replies (last November 1, 2021)
Post ID: @OP+1dy8OSut

Retention Bonus

Just got offer $60k to stay 2 years, payable half next year and rest year after that. Different from annual bonus. I'm hearing annual bonuses will be less, can anyone confirm what the are seeing in terms of how it's being distributed?

JUST NOT GOOD

The Vaccine status tool is not only for the vaccinated. The bank wants all statuses. Vaccinated, unvaccinated, or partially vaccinated. I've heard diff scenarios, one being placing all vaccinated in a separate building like a leper colony. I will... — read more 

Just A Matter Of Time

https://www.cnn.com/2021/10/28/investing/citigroup-vaccine-mandate/index.html

Keep fighting for hybrid!!!

Granted not a well known site but still, It’s starting to making news. Keep it up. Keep raising it up to everyone and anyone. If they want to retain talent, this will be a must... — read more 

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| 1189 views | | 1 reply (October 29, 2021)
Post ID: @OP+1dxcF2mH

So close.....

The only thing more painful than working for Bank of America, is the final stages of a job app. I've been told that I am to expect an offer and preliminary numbers are good. What would crush me, is for this opportunity to vaporize and I'm back at... — read more 

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| 1278 views | | 6 replies (last October 29, 2021)
Post ID: @OP+1dxsaE9I

Farewell!

Finally received an offer with a remote friendly atmosphere. 38% raise and benefits that blow away what I had at BofA!! I've spent 14 years here without even trying to leave. With all the cr-p lately and lies about "we care about our employees" when... — read more 

C19 = Cover Story for Bank Bailouts

Fate is a funny thing. BM and other CEO's had to amp up the C19 fear in order to get $ printed to bailout their banks, but then sent all employees to WFH and now cannot find a way to get them RTO. Hilarious.

Bonus Pool

Anybody in the know with respect to bonus pools? What is the distribution looking like so far...same song and dance that to reward others, you have to rob from existing?

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| 1639 views | | 7 replies (last October 28, 2021)
Post ID: @OP+1dwDR225

Citibank wants you

We allow work from home and want you to join our team. We are a forward thinking company, allowing associates to work from home gives us an edge over our rivals in recruiting talent. Join us.

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| 1749 views | | 7 replies (last October 30, 2021)
Post ID: @OP+1dwJ0jXo

Dealing With Long Hours and Burn-out

How do you deal with long hours? My current day runs about 8 am to 7/7:30-ish pm and I eat and then watch some tv and go to bed. My weekends consist of chores and resting because I’m so burnt out and behind. Are there people who make this way of... — read more 

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| 1451 views | | 9 replies (last October 30, 2021)
Post ID: @OP+1dwsEVmf

The ideal worker according to BofA standards

What would you say, what kind of worker is that? All I know is that I'm not one of them. Since I do my job the best I can, but I don’t allow myself to be squeezed, I don’t think I’ll ever be their ideal employee.

What about the vaccinated who just don’t come in?

So we all know there are people who are vaccinated and who also have uploaded their information on flagscape. But they decided to ignore the 30 day notice to RTO. Does the bank even know they are not in the office? Guess they can look at vpn but that... — read more 

Lazy Management / Babysitters

I’ve been with BofA 6 years. GTO. Never seen them let any FTE go, just use attrition as convenience for cuts. Generally people show up at the office at 10, stay until 4 pm, and take 1.5 to 2 hour lunch breaks. Some people work hard and get noticed... — read more 

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| 140 views | | no replies yet
Post ID: @OP+1dvXcrPv

My whole team is checked out..GBAM tech

No one cares anymore. We lost 2 people to Microsoft this week. Team was 10 people before covid and now we are 4. They haven't filled any positions...no one wants to take the horrible compensation and poor technology. Our big project has no program... — read more 

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| 1729 views | | 7 replies (last October 28, 2021)
Post ID: @OP+1dvSRkv4

Bank of India!

80% of the audience on my calls is Indian. While I have nothing against them... it's a bank policy problem...they preach D&I but don't really go after African Americans or Hispanics. When in doubt stick an Indian as D&I. When an Indian becomes a... — read more 

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| 1780 views | | 8 replies (last October 28, 2021)
Post ID: @OP+1dvBnLii

Be warned Trolls are spamming this site (pro RTO)

Ever since the announcement of the mandatory status on vaccine they have showed up in great numbers spamming this forum and down voting anything from wfh or against RTO. Can only be paid bank shills. That alleged "leak" of the PowerPoint with Nov... — read more 

Has BofA lost sight of the competition?

It seems to me that leadership used to be much more concerned about what the competition was doing. I remember a long time ago when my colleague wanted to leave BofA did everything to keep him. It was important to keep the best employees here. Now... — read more 

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| 1248 views | | 6 replies (last October 27, 2021)
Post ID: @OP+1dulBa8n

Bonus Payout

If the bonus payout is for the calendar year performance period (Jan 1 - Dec 31 2021), and lets say you leave or retire after Jan 1, 2022. Are you still entitled to your performance bonus?

Stop Saying I Signed Up To Work From An Office

I didn't. I was hired, and I agreed, to fill a position with the bank. Ever see the bank close a campus and move the associates to a different campus? Surely you pro RTO's weren't saying "you cant do that because we signed up to work from xyz... — read more 

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| 1530 views | | 8 replies (last October 28, 2021)
Post ID: @OP+1du0kyIy

Layoff process

How do layoffs work at BofA? I'm most curious about how you are informed and if there is any room to negotiate the package. I'm assuming the weeks you'll receive are set in stone, but is there any way to negotiate the medical coverage and how long it... — read more 

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| 1629 views | | 7 replies (last October 27, 2021)
Post ID: @OP+1dugkkpY

When the return occurs

Honest post. Vaccinated are not showing up. Maybe a few actually show up. The bank wants everyone to return but people sit three feet apart in many offices. They don’t require masks at desk either. So let’s say start of 2022 big push and people show... — read more 

Enough of the doom & gloom

Many people are fully vaccinated and happy about RTO. Seems the unvaccinated are the ones complaining about everything. They need to just deal with it or move on. If they hate BoA so much WHY do they stay? They are toxic to work with, always... — read more 

Just ignore 11/1 deadline

It's another scare tactic. BM will eventually come out publicly, like Southwest Airlines, and admit he won't be firing anyone, no matter their jab status. 11/1 is another moved goalpost, you should be able to see how this works by now. If not... — read more 

Traders Are Overpaid

If traders are good, why they are not in buyside earn big bucks? If they are not, why do they get paid so much?

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| 1026 views | | 4 replies (last October 25, 2021)
Post ID: @OP+1dsFwDYX

Lack of Diversity in Global Markets Promotion

New York Times and Bloomberg were right. Promotion in global markets are just based on favoritism. White male get promoted faster because of their relationship with senior management. Diversity is a huge issue in global markets promotion.

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| 1230 views | | 8 replies (last October 26, 2021)
Post ID: @OP+1dsX6Q5O

Constructive use of this Portal

It would be ideal if we could actually use this portal as a way to organize collective opposition to BofA executive directives… I.e. Demanding flexibility with where we can work… Demanding wage increases consistent with productivity and inflation. ... — read more 

Next Steps

So what's gonna happen after 11/1? For those who're fully vaccinated, they will probably get their 30-day notice. What about those who're partially or not vaccinated? They said it's required to disclose but didn't say, at least not yet, it's required... — read more 

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