I will show up to work at 9am in order to make it to the standup meeting and will lie my as$ off about the status of my story. Then I will pour some liquor in my coffee while I browse this site and post some annoying c-ap, follow by more web browsing... — read more
Contemplating a career move
Hello all I am currently in the process of looking for a job. I have been forwarded some interesting job openings including python developer using bank propiatory framework and Boeing 737 Max pilot. Which job would rather take?
Another closing
Bank of America is closing Bullhead City financial center. http://www.mohavedailynews.com/news/bank-of-america-closing-bullhead-city-branch/article_6577afb8-6bd7-11e9-abe6-db5deedfbdcb.html
MyWork is a mess
Many that have been returned from MyWork have handshake agreements with their managers to be in office Tuesday, Wednesday and Thursday. Work from home is fine on Monday & Friday. The problem is that many of these people sit next to or nearby people... — read more
Badge Swipe Counts
Are employees, particularly those returning from My Work, being monitored for how often they swipe their badges?
Layoffs next week?
People are talking layoffs will continue next week - any truth to that?
Please keep the expensive MD
The competition is watching and lovin’ it ;)
Earnings are weak and Below Expectations!
This is what you can expect when you lay-off experienced workers of all ages. The loss is compounded over time and will affect the bottom line at various points in the future. This will not affect managers' salaries and so they don't need to worry... — read more
It's all about getting rid of older workers
once you hit your late 40's/early 50's, you will have a target on your back if you have been there for a long time. they will replace you with a younger worker at half your salary. they have a very systematic format for age discrimination to get rid... — read more
Free Money
Lots of Managing Directors in trading are getting free money. Trading revenue is estimated decline significantly. However, Bank of America still have too many trading managing directors. These MDs didn’t create enough revenue yet get paid ten times... — read more
Do you see a future at BoA?
Just wondering if any of the younger employees see a possibility of a long term career at Bank of America or is everybody under forty here only until they can get something better? That seems to be the case for most of the new people I met, which, if... — read more
Lay-off More Trading MDs
If they don’t make money, why they get paid so much?
BOFA min wage at 20 bucks now
https://www.nbc4i.com/news/u-s-world/bank-of-america-raising-hourly-minimum-wage-to-20/1911022393
when is the next layoff for remote workers?
is there another wave coming? (we know the layoffs are happening all the time but is there a big wave coming associated with the location strategy that was openly shared in reilly's organization?) he said there were just over 200 left in the program... — read more
Bank of America to Lay Off 120 at Simi Valley Loan Center
Bank of America is laying off more than 120 employees from its home loan department in Simi Valley effective later this year. The financial institution said the layoffs will occur in two phases – May 13 and Nov. 7 as it consolidates and reduces staff... — read more
Expertise is not important anymore
Older workers cost more and usually have less energy and don't always do as they are told. Since the bank does not take any calculated risks at expanding the business anymore, expertise is not really important any more and so the menial activities... — read more
Wells just got rid of their CEO
Can we get that playbook from someone at Wells Fargo? We kind of need it ASAP.
BofA CEO's pay 15% to $26.5 million after RECORD PROFIT last year
KEEP WORKING HARD BYTCHZ! Bank of America boosts CEO Brian Moynihan's pay 15% to $26.5 million after record profit last year BofA boosts Moynihan's pay to record $26.5 million. Bank of America awarded Chief Executive Officer Brian Moynihan a record... — read more
What is this ECoM survey really for?
Eliminating jobs? Are we in for a big layoff?
Older employees at more risk
From what I'm seeing, majority of people who were laid off in the past several years have been over fifty. There are some younger folks in there as well (can't make age discrimination too obvious,) but it seems pretty obvious that the goal is to... — read more
End of quarter - what do you think/
Could it happen this week/ layoffs?
still making use of the oracle cloud?
Is &bank-of-america still making use of the &oracle cloud?
What sites are considered core?
Does anyone have a true list of sites that are considered core? And is there a date for when all are supposed to be in core sites?
Bank of America has destroyed the spirit of its employees
I've noticed that morale (at least in my office) has gone from bad to worse. Nobody engages in friendly chatter anymore, nobody laughs or even smiles - it's like a dark cloud has settled over us with no intention of moving on. Is it just me or is... — read more
Layoffs next week?
There were rumors going around recently about more layoffs mid-March - is that still happening or was it proven untrue?
Forced band reduction, what are my options?
I was reduced from a band 4 to a 5, responsibilities reduced slightly, no immediate salary reduction. I didn't want to poke the bear and ask "What if I dont want this? What is the alternative?" So what IS my alternative, could I have asked for a... — read more
G t & o no more monthly incentive
Best cost cutting sharade yet my monthly incentive gone. Then they tell me I got a salary increase It was about 60 perecent of what I had been averaging in incentive. Hell of a way to let us know we just got a pay decrease.
401k Contribution
Anyone else not get the yearly 401k contribution? I don't recall any news that it was not happening this year.
MyWork - Numbers left
does anyone have info on how many mywork people are even left in CB’s organisation? is it going away this year in total?
Layoffs in GT&O Finance
I’m hearing associates in Jacksonville were impacted. Any other locations?
Wednesday Layoff
Let us propose a new metric MD ratio. That means how many MDs in a given cost center. Some cost center doesn’t make money but have way too many MDs!
Can you feel it?
"Moody’s said U.S. corporate leverage now exceeds levels seen prior to the financial crisis, creating direct and indirect risks for American banks. Fortunately, Moody’s associate managing director Andrea Usai said banks are much better-positioned to... — read more
WHY DON'T YOU UNIONIZE!!!
Instead of all the complaining and worry. Why not just unionize. Get bunch of you together and unionize. It s the only way to ensure you are taken care of. Think of all the local state and federal employees with pensions. That nly happens because of... — read more
A blessing in disguise
Anyone and everyone ever had been laid off from the Bank ends up in better spot. Don't get discouraged. It is a blessing in disguise. This sentence was originally a reply to one of the other threads by @XG0fl1n-ucx . Have to say that I agree 100%... — read more
Recommendations
I'm looking for recommendations on what to do after being laid off with a little one
No prorated bonus
Word of mouth and some posts here last year said that annual bonuses were prorated if one were severed after mid-year. There's no mention of it in the severance package and none was received on Feb 15. Thought you'd want to know.
Advice to Millenniums; don't be loyal!
If the company hired you because you are young and cheap take notes because one day you will be old and wrinkled .... Take all your vacation, take full hour lunch breaks, make use of sick days and always be on the look out for a better opportunity.