Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Action on 11/26

I have heard that there is another action being taken on November 26. I don't know if this is another my work call in or if it's a round of severance ....does anybody have insight? Timing for severance would be in line with years past although I've... — read more 

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| 2140 views | | 4 replies (last November 19, 2018)
Post ID: @OP+W348X8Z

Severance

What is current # of weeks severance per year of service? Does it vary by org or job type?

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| 2050 views | | 7 replies (last November 13, 2018)
Post ID: @OP+W2t90Hq

Many employees get cash bonuses next month

In an internal memo that was sent to the employees, the leadership stated that many workers that annually earn 100K or less will be rewarded with a $1000 cash bonus and the employes that are making more than 100K per year will be rewarded by 200-500... — read more 

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| 2680 views | | 6 replies (last November 7, 2018)
Post ID: @OP+VYoT0ke

Kick the sdm program (in gto) already

Every one in gto esp gbam is frustrated with the incompetent people in sdm program. Many in sdm are just dummy project managers who dont understand changing technology landscape. The actual technical development is outsourced and no one knows to... — read more 

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| 1260 views | | 3 replies (last November 9, 2018)
Post ID: @OP+VYROlIk

Time for year end summary!

And front office managing directors going to take credit for things they didn’t do! If your boss are bad MDs, all your hard work won’t be recognized because MDs will take all credits!

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| 790 views | | 1 reply (November 14, 2018)
Post ID: @OP+VX6L2Yj

House of cards

When you have too many managing directors in a team, it’s like house of cards - every MD trying to gamble for his own interest not team’s interest. Solution? Lay off more managing directors!!!

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| 680 views | | no replies yet
Post ID: @OP+VXTryxZ

I like to be micro-managed

What's the best department to be micromanaged? Micro by incompetent management is even better. Please help!

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| 1220 views | | 4 replies (last November 5, 2018)
Post ID: @OP+VXVIPlz

Rates

Rates will go up, profits will go up

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| 843 views | | 2 replies (last October 30, 2018)
Post ID: @OP+VToVsHp

Badge swipe monitoring?

Does anyone know where and how they are doing badge swipe monitoring? What locations and what are the parameters to be flagged on a list?

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| 2020 views | | 6 replies (last October 23, 2018)
Post ID: @OP+VKRAe0E

Best Earnings in History

BAC posted the best earnings in company history today! There are people on my team who equate this to HUGE bonuses! Yeah, right. I guess it is nice to dream.

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| 1320 views | | 2 replies (last November 24, 2018)
Post ID: @OP+VEuiHzK

Anyone in EMEA/APAC/LATAM follows this site?

I wonder if the global offices have as much drama/layoffs/vpn issues as the offices in the US. I know the laws in many European countries are much stricter when it comes to layoffs. How about Asia? Do you guys experience the same c-ap your fellow... — read more 

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| 971 views | | no replies yet
Post ID: @OP+VADjmNR

Laying off MD

BAML equities have too many MDs. Some MD here are doing nothing! All because head of equities in favor of his old fellow! Need more HR listening! Fire MDs who receive low employee satisficafion score please!

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| 750 views | | 2 replies (last October 16, 2018)
Post ID: @OP+VAFpkfA

How will they know if you wfh

All my team is in florida and i am only one in texas. So i work from home 3 days a week. Some one mentioned about a 70 hour vpn usage per month policy after which manager gets notified. How to measure how much wfh one can do?

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| 2340 views | | 9 replies (last October 21, 2018)
Post ID: @OP+VzkGrzb

Layoffs at Mortgage Operations 2019

What's your prediction for 2019, given the macroeconomic trends and the overall push to cut costs? Layoffs or massive layoffs? Reorg in 2019? Again?

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| 880 views | | no replies yet
Post ID: @OP+VxDdYzT

employee survey is useless

remember the employee satisficaton survey in June? It’s useless. Nobody care what you said. There is one front office trading managing director, received very low score. Nothing happen to him at all! Because he is friend of head of equities!!!

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| 1070 views | | 4 replies (last November 17, 2018)
Post ID: @OP+VuKwst3

I'm the loser who does anything to WFH

Unlike the winner who posted @Vl7UWzK; I love to work from home. It allows me to have a better quality of life. During lunch break I can cook my own meals, work out when I feel like it, schedule appointments, fix car when it needs repair, etc. If... — read more 

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| 2640 views | | 10 replies (last November 19, 2018)
Post ID: @OP+Vr2DV69

Nepotism won, again

Front office trading managing director get to stay because of his personal relationship with equities head.

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| 653 views | | no replies yet
Post ID: @OP+VrzBHmJ

Losers Who Will Do Anything to WFH

I know of at least 4 people who were given return to office locations recently. Their solution? They all got doctors notes somehow excusing them based on "sensitivity to fluorescent lights" and "severe headaches". There must be some validity as I... — read more 

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| 3060 views | | 9 replies (last October 12, 2018)
Post ID: @OP+Vl7UWzK

Layoffs today

I know of 7 people in GMCA who were laid off including myself. Anyone else experience layoffs today? Good luck out there.

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| 1640 views | | 2 replies (last September 26, 2018)
Post ID: @OP+VkkSXfP

Organizational memo from the COO

Organizational update A message from Tom Montag To: GBAM employees Christian Meissner has informed me of his decision to leave the company. Christian joined the bank in 2010 during a tumultuous period in the markets. His drive and determination... — read more 

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| 1740 views | | 2 replies (last September 23, 2018)
Post ID: @OP+VhDz15u

EEOC Claim

Two guys I know filed a claim with the Equal Employment Opportunity Commission over MyWork return to office. Reason being is that women are being given the option to select a location close to their daycare drop offs and men in the same situation are... — read more 

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| 1520 views | | 2 replies (last September 19, 2018)
Post ID: @OP+VeShtoI

Hurricanne Florence

Is impacting many employees in the Charlotte region. Over 100 roads are closed and under water. Many local schools will still be closed tomorrow. A rare FLASH FLOOD EMERGENCY has been issued for Central and Southern Mecklenburg County but have I... — read more 

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| 1230 views | | 2 replies (last September 20, 2018)
Post ID: @OP+VbJ10XI

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