I am hearing VPN monitoring will be supplemented by badge swipe monitoring - I’ve heard you must have 10 in a month in your primary work location (ie if you travel to another bac site it doesn’t count). Does anyone know if this is true?

Yes, it is a deputation concept. However, the top leadership should take a hard look around to delayer below Brian’s...come on all the work is done by Band 5s and 6s or lower. Also, why not hit those volunteer heroes that abuse the term volunteer?... — read more 

I was laid off last year and here are some tips I recommend to make things easier for yourself if you just got laid off Don’t get bitter, but see the layoff as an opportunity and a challenge. There is life and WORK outside of BofA. End things... — read more 

I was laid off from GT&O last year and now they’re interviewing me for a contract role in same organization. I’m hesitant to go back to GT&O, any advice for contracted Project Managers in this group?

Go to your local thrift store. They are likely full of Bank of America red volunteer T-shirts. These are quickly discarded by employees when layoffs occur I guess. I saw at least 20 recently. Not a leading indicator but very telling.

Time to fill out employee survey

Been wondering if June's actions will be the 13th, 20th, or 27th. One down, two to go.

Anyone else see this as a way to reduce more staff? Currently being pitched as a way to help the business.

Besides incompetent management, crappy environment, micromanagement, bad bonuses / merit increases, Managers with no social skills, brown nosers; what's wrong with GTO?

Someone I know was just told they have to be back in the office all week.they were not my work but worked from home 5 days. Flexibility there if needed for certain circumstances. Now we are hearing vpn hours and limits are different across all groups... — read more 

Just doing a survey on how far back managers can remember. My manager can only remember as far back yesterday and maybe the day before if I'm lucky. How far back can your manager remember? BTW, my manager's manager thinks that 2 months ago is already... — read more 

While not universally true, a lot of middle aged workers with many years at the bank would love to get the severance package as a bridge to early retirement or ease the transition to something new. Some managers are supportive and help that happen... — read more 

What's your answer?

I was laid off and am employed full time at another company. The bank has come back to me twice so far with new opportunities and they seem genuinely befuddled why I won't consider returning. They are not the only game in town and now that they have... — read more 

MD headcount optimization is key to BAML’s success

It was reported to TX Workforce Commission in February that there will be 87 layoffs at Amon Carter on 6/15, which is a Friday. Who knows if it's the Wednesday before (6/13) or the Wednesday after (6/20). At least you were given a heads up! We are... — read more 

I’m so over this company. Yes, I’m staying and hanging on for a package. Because honestly I feel like I’m owed after all the blood, sweat and b---s--- of the last 10 years. They put on a good face, send a great message about diversity...but it’s all... — read more 

Many layoffs today in GTO related to dissolution of Enterprise Shared Services. Mywork Hub folks and more

Our team posted a Project Manager role. The 100+ applicants were whittled down to a short list of 18. I was asked to review them and give my manager feedback. He told me he wouldn't consider anyone on the list who was laid off and reapplying and... — read more 

Gross.... Ugh.....

Pehaps there is an upside of being laid off - my life has tuned so much better after a year of taking a deal I took in the atmosphere of hinted threat. Let all those losers continue with their cult - no, you have just fired them, not the other way -... — read more 

period

The CFO group is re-aligning their footprint by moving employees to newly designed 'collaborative" workspaces. If you will be impacted what are your thoughts on this? I don't like giving up a private cube for a seat at some long table where I have to... — read more 

Reduce number of MDs is the best way to increase business efficiency

The get-lost-money should be also made very transparent. What do you think?

MD’s salary + bonus is 10X more than worker at tech / risk / operation. Not all MD created enough revenue. MD less likely get laid off.

Tell us why.

managers shall be replaced first, then workers BAML is too nice to its managers

Happy Memorial Day weekend everyone

Some MDs are selfish and have zero sense of responsibility. They just take credit from their team instead look after their team. Some MDs purposely created silos in team. Then they came to their managers, took all credits, and pretend they knew... — read more 

MDs need be judged by money they made rather than relationship they had with senior MDs

Powerful MDs have their own secret club, life s---s if you are not in the club

If a MD cannot manage team well, then he should leave. If a team’s turnover is high, then their headcounts need be reduced. Headcounts shall go to MD who can manage.

June 12 which is right before the payment cycle end date. June is always a layoff month, begining of a new quarter as well, so all coincides date wise. Just wondering if there is any truth behind this? Anybody heard more about it? Or is it just... — read more 

Corporate office in Pasadena is closing and nearly 600 people will be laid off in the process. I wonder how many more similar announcements we will continue to get this year... — read more 

Are we looking at more layoffs tomorrow? Do we even know how many people total were laid off today? Under 50? It seems to me that Bank of America is determined to have a bunch of small layoffs to avoid having to issue WARN notices. Which makes it... — read more