Do we know who was affected by this weeks layoffs? Which locations, which departments? I see people mentioning large groups of people that were let go, but very few details are given. My wife works in IT, so I'd like to know if we should be stressing... — read more 

Another day where we will only find out what happened to our friends and coworkers as their email comes back unread or undeliverable. Thoughts and prayers to those families affected by today's layoffs

Do you notice how some managers from out of town only show up during layoffs?

https://www.cnbc.com/video/2012/09/20/bank-of-america-to-begin-layoffs.html That means Charlotte and Jax are about to get hit...goodbye LAS.

FYI - when you are "released" from the bank you will receive a package that provides an estimation of severance along with legal documents, If your line of business has decided to pay you for 2 weeks of pay that will be denoted within the high level... — read more 

More cuts in Cathy’s group – we’ll see how things pan out on the tech side and what groups will be affected the most– they (Cathy & Co.) are playing it down but this one will likely be a fairly big one. Anyhow, hey are hitting the mortgage side again... — read more 

http://www.charlotteobserver.com/news/business/banking/article175450871.html

Are these hubs and do you know what happens to them in the future of hiring/firing?

The vast majority of the time layoffs are unwelcome news for all involved; from the employees and managers to hr personnel. But I'm sure there was that one time when you were about to resign and news broke that you were laid off. Has it happened... — read more 

In the coming days, we'll be compiling information regarding your options around severance pay, COBRA, 401(k), etc. Feel free to join our LinkedIn Group and invite others you know that may be affected. The link for the group is:... — read more 

Hearing it's planned for 9/25. Anyone else hear the same?

Do you have any updates on the planned layoffs at Bank of America Merchant Services (BAMS).

Band 4 employee here, at risk of being laid off around the first week of December, based on prior precedent. Do they still give you the year-end bonus ("variable compensation") if you are laid off in December? Or do you have to be actively employed... — read more 

I wonder if it is normal for People to have so many meetings. Tomorrow and next week look just as bad. How can anyone get sh-- done with so much nonsense?

Anybody knows?

FYI - Ask HR for a copy of the "Retiree Health Plan Summary Description" doc - 130+ pages. It describes in detail eligibility for coverage. It doesn't describe the calc itself for any BAC contribution. That would be reflected under retirement... — read more 

They didn't want bad press for being insensitive

Sr. Management at the bank has no idea of the talent they are losing. They think just outsourcing it is simple and done. It's not! It takes years to learn process and systems. Looking to improve a quarters bottom line at the expense of continual... — read more 

Why not take a sick day since you already know tomorrow is the day?

Can someone, who has been in the process, provide me with details on the calculation for used 'Rule of 60' health care premium supplement? Thank you in advance!

Hello all. We are in the process of introducing a new form of communism in our team. They call it SCRUMunism. If you are currently practicing this form of communism can you please share your experiences? Is it successful? Are you able to get more... — read more 

Yes they have them, but its only for you the employee - if you want to bring a spouse a domestic partner or a date - sorry you have to pay for them.. Talk about cheap and so much for a moral booster! So for me - I don't attend!! Who wants to spend... — read more 

At the end of July, after a reorganization of Operational Analytics, the remaining 13 people (myself included) not placed in a role, were told told that we were being let go effective 9/12. They have since tried to say that date is no longer official... — read more 

I heard from a credible source there will be layoffs on Tuesday 9/12

https://www.cnbc.com/2017/08/29/berkshire-hathaway-bofa-shares-paper-profit-of-about-12-billion.html

Got out of the Mortgage area ...Countrywide culture is coming back. So many people working at doing nothing. Don't think it's whistle blower level, but any big issues that would take a lot of work...told not to put in writing or talk about....and... — read more 

The bank should allow bank employees to WFH on Monday due to the extra eclipse traffic!

I remember attending a town hall meeting a while back where one of the presenters stated Bank of America was the undisputed market maker in the U. S. A. Such statement got me thinking if it's possible for the bank to trade its own stock as it is one... — read more 

https://www.cnbc.com/2017/08/16/former-bank-of-america-it-guy-allegedly-shared-deal-tips-from-banks-computer-system.html

Based on this article open plan offices are productivity killers https://www.inc.com/geoffrey-james/science-just-proved-that-open-plan-offices-destroy-productivity.html I am 100% in agreement with this article as I have seen how productivity... — read more 

I worked in a minority American department, and it was only the Americans who resigned or were laid off. Those positions were immediately backfilled with cheaper H1B employees, even though the layoffs were misleadingly termed a reduction in force... — read more 

Has anyone on this board ever volunteered for layoff? If so, can you please explain what your approach was? How did your ex-manager react? Is there an official process provided by HR for such requests?

It's been really quiet around here lately. Activity should start picking up in the following weeks.

Recently joined and was wondering if this company holds any type of social events/gatherings where corkers can get to know each other outside work. Previous companies I worked for always had these types of events as they realized how important it was... — read more 

My grandfather lived into his 90's. He passed away years ago but before we did he told me stories about his life and I was always fascinated by them. One of the topics he liked to talk about was his work as a young man. He worked in textile mills. At... — read more 

Most people I know have quit their job on Monday but I always wondered if it would be better to quit on Friday. Also, what would be the disadvantage of only giving a one week notice?