Can somebody even imagine something like this here? If only I spoke German, I'd move there tomorrow. This German bank sees more consolidation after merging 19 times, no layoffs in 156 years... — read more 

if there is an upcoming layoff, please cut expensive front office MDs who can’t retain talents.

What BAC locations are affected by layoffs today? Anyone?

I was told to exit the MyWork program and was assigned an office in outside my state, as there are no locations near me. I pointed out that I will now have to pay taxes in two states. My manager said "no, just because you work in an office in that... — read more 

I’m hearing that the last action gave people 3 weeks for every year instead of 2 weeks per year. Anyone Have any idea what the official policy is?

Hope everyone had a great long weekend. Our area just got sent back to the office. Many were sent back to office buildings or office space above financial centers. Others were told that their status is "under review" because there are no office... — read more 

Predictions of a recession in 2019 or 2020. Any groups etc that will be safe?

the trick is to lay off expensive front office managing directors. BAML have too many incompetent MDs. they survived from layoff not because they are good but because of nepotism

https://finance.yahoo.com/m/f3b85e44-474d-3ac0-ae86-53aa2269b9bc/jpmorgan-hires-top-ai-exec.html

if you are friend of head of trading, you will get guaranteed job security. you can do whatever you want or not doing anything at all. you don’t need to be qualified to be front office MD or manage a big team.

I got an offer from Wells Fargo yesterday. Out of all the places that are better than BoA, I get an offer from the one that's actually worse off. It's a good offer, but I don't think I'm ready to jump from the fire into the frying pan. I'll keep... — read more 

Whoever wrote the previous post about Consumer Lending must have had some advance knowledge. All the conversations were had yesterday. Some people are bitter. But most people are confused for two reasons. 1) The return to work locations were the... — read more 

does bank even have enough people for them to manage? some of front office MDs are cancers. they play politics all day and deliver little. their teams are desperate and frustrated. they don’t care about team but only themselves. they are selfish and... — read more 

Does anyone know what the official exceptions are to remain in the MyWork program? There is a document someone emailed that was very vague, but one reason was "personal hardship". This seems very subjective. The other question I have is how location... — read more 

That's what leadership looks like.

One of my business partners is assigned to the Operational Excellence project that is in Phase 2 right now. Apparently it is a multi phase project over several years. This partner is under the impression that as long as they are connected to this... — read more 

Rumor circulating about people getting letters about their pension and how bac wants to be done with managing it since it’s been frozen for quite some time. Anyone know anything?

And nothing has changed. I left/quit BAC about 8-months ago and prior to that, I was on this site a lot. Coming back today, it is all still the Fear and Loathing at BAC. This culture will never change in your lifetime. I moved to another bank and it... — read more 

8/15 was supposed to be the date for this month were there any actions?

I have now heard this term at least half dozen times in the last week. Two people I know are getting this. One is MyWork the other is not. There was a previous post about it, but did not answer several things Does anyone know if this will be... — read more 

People, look around you. You are all complaining about BoA, but every single bank is in similar or same situation. The entire sector is in crisis. If you are looking for job security, you'll have to look for a job in some other sector. You need to... — read more 

If you ran into your manager outside of work?

Are all call centers destined to be outsourced to India? The way they've been dropping like flies here, it certainly seems so to me.

Can anyone give me the dates (rumors of dates) of potential layoffs for the remaining of the year?

Has anybody here been promoted within Bank of America without knowing their manager privately or without being related to somebody higher up? If you have, can you share your secret please? I'm tired of being passed over in favor of people who barely... — read more 

Starting to hear rumblings about this coming to sites outside of Charlotte. Can anyone elaborate on what this is and how it impacts WFH, VPN time, etc.? I had never heard of this until recently. TIA

What kind of bundle products can we offer in order to make more $?

Those involved in IT and Software Development specifically the many projects that are being managed as Agile Projects with the Scrum as the main organizational tool, are especially susceptible the problem of "Technical Debt". It happens when... — read more 

Which bank is the best bank for drama queens?

I’ve also heard many My Work folks were given a date today to return to office - supposedly all of GT&O due in by 10/1.

Are they planning to layoff people in Jersey City?

manager per employee is high. needs a flat organization with less managers.

Bank should let go managers after reorganization

Wall St Wolfs not happy with BoA high overhead costs.

Don't know the specific date (Wednesdays usually) But i'm hearing another big round of layoff's across GT&O & digital banking group are coming by the end of this month.

Not sure if this was posted before, but Bank of America Wichita Falls location is closing. The financial center will be shuttered on October 30. Not sure how many are affected by this, but I wish them all the best... — read more 

what do managers bring to BAML? redundancy? efficiency? politics?

Will there be a continuation or are we done for now?