Verizon is set to implement a 15,000 job cut, marking its largest downsizing ever https://finance.yahoo.com/quote/VZ Interesting...sign of the times.
The goal of A.I.
Management is trying to make the vast majority of their workforce obsolete, because they realize that those workers are coming to grips with how obsolete, and malicious, these "leaders" are. It's a showdown on a massive social scale as haves and... — read more
In office requirement
If you’re out on vacation for 1 or 2 days out of the week, what happens with the 3 days in office requirement? Same question again but on weeks with holidays, what happens with the 3 days in office requirement.
Ok
https://www.thelayoff.com/wells-fargo-and
Headcount Reductions Published at Investor Day
The management team documented headcount reductions at Investor Day and the materials are on investor.bankofamerica.com - read it for... — read more
Get your popcorn ready
https://www.bloomberg.com/news/articles/2025-11-03/bofa-ceo-brian-moynihan-to-face-investors-with-the-worst-returns-on-wall-street?embedded-checkout=true&leadSource=uverify%20wall
10% cut next
Headwind ahead
Virtual Business Banker
Does BofA have these roles? How much does it pay?
Major corporate layoffs, hope we are not next
UPS: 48,000 employees Amazon: Up to 30,000 employees Intel: 24,000 employees Nestle: 16,000 employees Accenture: 11,000 employees Ford: 11,000 employees Novo Nordisk: 9,000 employees Microsoft: 7,000 employees PwC: 5,600... — read more
Where are y’all going
For everyone that has left and are happy elsewhere, where do you go to?
Bonus and last working day
Without going into the discussion of how the bonus su-ks at the bank, can some knowledgeable folks tell me until what date I should be working to be eligible for the bonus — 12/31/2025 or the actual payout date in 2026?
How much do B5 app managers make?
I'm a developer right now, and considering this non tech role to be individual contributor. Any feedback is also appreciated.
I made the right call
I left a few weeks ago without another job lined up, and I’ve never felt lighter. That place ate away at my confidence day after day. Some jobs aren’t worth the paycheck, especially when they make you dread waking up. I’ll figure things out, but at... — read more
Layoffs Next Week AGAIN :(
Just heard at a party last night that they are getting rid of even more people next week than they did last week. My understanding is that the economy is about to make a very huge and very drastic U-TURN after a HUGE announcement about someone in... — read more
With our bank's Q3 net profits soaring to record highs, curious about employee expectations for bonuses and pay increases in the coming year
What bonus percentage (as a % of your base salary) do you expect for the end-of-year payout? 0-5% 6-10% 11-15% 16-20% More than 20% No bonus expected Not applicable (e.g., not eligible for bonuses) What pay increase percentage do you... — read more
Jeffrey Epstein victims sue Bank of America, saying it aided s-x trafficking of teenage girls
... — read more
Platforms like webull will probobly surpass merril edge
I could see layoffs impacting edge in the near future
Job offer in WF with impressive package
How does the Executive Director (ED) role at Wells Fargo compare to the Band 4/Director role at Bank of America? It seems really impressive to me. Is it typical Standard role where more people have similar titles?
Job Bands
Does anyone know what the different band levels mean? Can’t seem to find any info on it, HR directed me to my LOB. If you are band 6 and go to 5 is that a promotion, do your benefits change? I saw a band 7 posting making more than a band 6.
BAC can lay you off, but you can’t leave
https://www.msn.com/en-us/money/companies/legal-battle-heats-up-between-merrill-lynch-and-breakaway-advisors/ar-AA1NxRLs
3 days in office but 8 hours PER day
Has anyone heard anything? Apparently an email has gone out to leadership and it’s coming. If WF is implementing this, then it’s only a matter of time before we do as well.
Child care Plus
Do you utilize the benefit or is it not worth it?
GRVM Application development ?
I saw someone's title is GRVM Application development, does that mean they are contractors ? or hired by the bank with H1B visa ?
Layoffs next week
Big one
Anonymous
Does any one know what it means to be Enrolled lin my work stands for. This is located under your work location in the directory name
8 hours a day, 4 days in office is coming
It is coming folks
Identity Verification
Has anyone received a pop up saying you need to complete your identity verification by Sept 26 or your access will be revoked?
Separation package and MEET/DOES-NOT-MEET rating
Are separation packages still being used within the bank? For the first time I got a dos-not-meet rating during my mid-year review, thinking they are preparing for a layoff without the package - what do oyu think? Is that true that when you get... — read more
new TRUMP $100000 H!B VISA fee - good for our IT workers
Don't know, how many of us here are IT, but when I've heard about new TRUMP fee for indian workers - I started liking my president. Currently the ratio if indian:non-indian in our IT is 9:1, and the major drawback of that (excepr the reverse... — read more
AVP promotion
Other than the title change, has anyone received a raise with the promotion? Even a small raise on top of a merit raise?
Internal Mobility Impossible
I have applied to dozens of jobs for which I am extremely qualified and meet or exceed the desired qualifications. I am consistently turned down and told I’m qualified but “they went with someone else.” Then, I see the exact job req reposted the next... — read more
Monday, September 22
It all goes down Monday
Now $25/Hour Min - Tenure Employees Continued Getting Scr*wed
For tenure employees such as myself, I did not get $20000 raise collectively since 2017. As of right now, my pay is a little over a dollar more than minimum. Yes, I am bitter and BOA can careless. After reading the Employee Communications, BOA... — read more
The Public Restroom of Finance Careers
The chair i sat in today has been sat on by over 1000 different bottoms. The keyboard and mouse i handled, was handled by some poor snotty nose woman yesterday. This workstation has a weird smell to it. Never been much of a city person. I know some... — read more
Early retirement
So I’m done with this place. Trying to figure out my options been with the company 22 years closing in on 50.
Global Ops to Ireland
So they are filling 1,000 roles supporting AML in Ireland but laid off a small amount of US associates in the AML space last month
VPN - In Office Tracking
I know that badge swipes are being tracked, but is time on site being tracked via the LAN line connection? I was thinking of coming in on site working for a couple of hours then leaving back home to finish the day. Technically the badge swipe... — read more
Appts of Senior Leaders
No one care to talk about appointment of two senior leaders and the overall impacts?
NEW HIRES
Welcome to the team! Can't stress the importance of intellectual curiosity is a must. It is important to know when to pass and when to catch. We can only hold your hand for so long..Good luck!