Hearing the 27th, but not hearing what groups will be impacted; supposed to be "a deep cut". Anyone hearing similar or maybe what groups will be impacted?
Is Quartz just a huge collection of Technical Debt that will ultimately be someone else's problems?
I was watching the series on HBO called "Silicon Valley" where they mentioned the term technical debt. Originally I had thought that it came from guys that originated in Socialist countries but now I see that it is a pretty mainstream term. I'm... — read more
February Layoff Date
Does anyone know the anticipated date for the Feb layoffs? The 22nd? The 27th?
My work and 6 hubs
My team was told that those on My Work must give it up and go to one of 6 designated hubs which are on the east or west coast. Rationale provided was to bring those locations up to capacity. No staffing plans, no thought process regarding impacted... — read more
Another view on VPN
I think you all are jumping to conclusions. The reasons are twofold. For many groups, bringing the workforce back to the office creates better communication, team building, learning, etc. Think of how much we complain about our kids being anti social... — read more
BAC has its own Green New Deal it’s called Opex 2020
Think New BAC or SIM was a crock? Hold on to your hats!
The work from home concept is from an age gone by, when productivity and innovation really mattered
The work from home concept is from an age gone by when productivity and innovation really mattered! Now, breaking down the silos and complete transparency is the norm where everyone can see, hear, and know exactly what everyone else is doing so those... — read more
The "health" of Quartz, anyone know if this is still being "pushed' as the holy-grail technology at the bank?
I may end up on one of the Quartz technology teams, I'm just worried if this is a dead-end. What is the future of Quartz as the "favorite" technology looking like? Will it still be the main focus going forward or will it be the next target of... — read more
Site consolidations?
Rumor that Call Centers are consolidating? Any truth to that?
Technology layoffs end of February coming
Got insight technology layoffs end of February.
Nothing going on?
This site has been awfully quiet...are layoffs finally over?
Whitacre's office - MyWork vs Laid Off
Word is that within Whitacre's org (UW and Client Protection) that top performers will be permitted to stay in the MyWork program while the others will be laid off instead of being returned to office. Sounds like nonsense. Does anyone know?
I experienced many techniques desribed here before finally getting fired
https://www.inc.com/suzanne-lucas/10-simple-ways-to-get-an-employee-to-quit.html
EPO?
I heard this group known as EPO is going to be disbanded. I've never heard of this group before today. Anyone hear the same or even know what this group is and what org they are part of??
Boring....
Something big must be in the works for this site to be this quiet
College Meltdown shows few signs of slowing in 2019
"Student loan debt continues to rise. In 2018, there was a significant number of news articles disclosing the negative effects of student loan debt on the lives of Millenials and their families."... — read more
Why companies now dislike telecommuting
This is not my post but I thought it was relevant to BAC... ========= It's a part of a bigger shift to hire younger folks with lower salary requirements. Here is how the scam works (many companies are doing this): Create a hub 'only'... — read more
Reactions feedback
takes too long easy to manipulate does not render well on iPhone needs to provide sort based on reactions will enhance trollin' experience 😋 the lack of captcha will make it more difficult to distinguish troll vs non-troll. If you add captcha UX will... — read more
Working X-mas week
Will you even pretend to do any work next week? 3 hr lunches everyday? Liquid lunches? Brush your teeth in the kitchen sink?😂😂😂
Because the stock market has no impact on layoffs. Remember?
"The past few weeks have been so tumultuous that Bank of America Corp. CEO Brian Moynihan this week walked back previous optimism, saying the bank now expects trading revenue to fall 'a few percentage points' after earlier this month forecasting a... — read more
What are chances of you getting laid off if there is no significant work in the team
My manager quit (gto) and the team has little work and most projects being discussed are long term once and they are in very early phase. Team has about 5 ppl
For the WFC folks
I also tried sleeping with a processor back in '95 but at the time it seemed too big and felt too tight. Back then we were both single and life was much simpler. A few years later I tried it again and although it was smaller the processor was no... — read more
How are you spending your $1K tax break money this year?
Oh yeah that's right.....
4pm All Hands Call
Anybody know what today's 4pm all hands on deck conference call is about?!. After market close so as not to affect stock price. Last time I attended one was 2008 before and during the financial crisis.
10,400 Verizon employees voluntarily leave
Avout 7% of the company decided to leave after being offered a package. How many people here do you think would take a similar package? https://techcrunch.com/2018/12/10/verizon-announces-10400-employees-will-voluntarily-leave-the-company/
Today's exchange rate
23 bottles of 12oz Blue Moon
Do Band Levels exist at every Investment Bank or is it just a BofA thing?
New to the corporate model and wanted to know if band levels signify pay scale across multiple banks or just this one. Thanks.
Alas the day has come 12/4
The day has finally come and gone. I know of 7 in GT&O, including myself. Good luck to you all. No longer one foot out the door but two feet it is. Based on what I was privy to, this is the final round for this year. Rest easy. The day I get laid off... — read more
The move of BofA European operations to Dublin is complete
According to this article, the movement of Bank of America’s European banking and markets operations are complete, and the new European base will be located in Dublin. This move came as it was announced after the regulatory and legal issues were... — read more
It's official the Bank drank the Koolaid again....
https://www.inc.com/geoffrey-james/its-official-open-plan-offices-are-now-dumbest-management-fad-of-all-time.html Originally post: @We0zJpf-drhu
Bank of America Band 5 Salary Level
Would someone be able to help me to find out what Bank of America Band 5 Salary is?
Ahhh. So much turkey!!
I think I will give some of my left overs to my manager next week.
MyWork
The process to corral MyWork people and return them to the office has begun in Morgan Whitacre's underwriting group, target 2019 Q2.
BofA introduces its new logo
I understand I may be off-topic, given that the new company logo isn’t really a layoff-related subject, but I was hoping to get some opinions on this and generally on the new advertising campaign that the company is going to start. What do you make... — read more
Total Comp reductions coming
Be warned....meets/meets performers are in for a total comp reduction for 2019. Year end $1k is just a smoke screen