Any news with why big wigs are coming to Jax next week? Rumored layoffs but with freeze from posting in effect it's odd...LAS area. Layoffs? Redeployment? Anything?

I called unemployment regarding my claim they tell me they are waiting for boa to so they can verify my separation pay mind you boa was suppose to respond aug 26th and they yet too so i called boa and these mfs asking me what do they need REALLY with... — read more 

BAC will always be in decline with this attitude. Companies that are growing have to adopt the opposite approach: http://finance.yahoo.com/news/facebooks-management-manual-says-theres-173000886.html

Heard Default and Underwriting got hit this morning with layoffs, but wasn't told a headcount. Also heard all of Quality Assumption is gone and work being transistioned to India.

As the bank continues to lay folks off in small amounts, it appears that there are a lot more available workspace becoming available in Uptown Charlotte. So what will this mean for those still in the MyWork Program in the Charlotte & surrounding... — read more 

Does anyone know how many total will be moved to the new "Anti Money Laundering" group. About half the Recon Trust people at our site were transferred into training for that new group. Curious whether the QA folks will be moved there or receive... — read more 

The 'senior' leadership continue to introduce a concept of innovation down the throats of the technical and line of business staffs without any inkling of what the impact will cause. Actions drive results - good or bad. As you review the decisions... — read more 

Kathryn Bakich, national health care compliance leader for the Segal Company, a leading benefits consulting firm: "As long as the person is an employee and claims are submitted during the Flex plan year, the employee is eligible for the full amount... — read more 

Some of these middle-managers are totally insecure and just hire people to delegate downwards trying to insulate themselves from being a lay-off target. On the tech side these guys have the most to say but are the least productive and effective and... — read more 

Does anyone know what is currently going on with H4s? I am considering a new H4 position with no directs. Rumor was H4s NEED to have directs now (I also thought there was a minimum) and also H4s were being targeted for the cuts last year. Can anyone... — read more 

Good luck to everyone on this Walk Out Wednesday!

Any latest news about MFG? Will there be any more layoffs for individuals under MFG or transition into new roles? Seriously every function is being automated or move to other departments. California, Texas, and Greensboro

The severance package was recently changed to remove the 2wks per year benefit we have been used to for so long. Now it would seem that it have reverted back with a more recent revision dated 8/25/16. It now shows the band teirs and states "generally... — read more 

Why was Bank of America’s bac chief operating officer, Thomas Montag, paid so much more than most of the giant’s other executives in 2015? The Securities and Exchange Commission raised the question in a June correspondence with CEO Brian Moynihan... — read more 

Enough.. the comments aren't relevant. Trump outsources and hires h1bs, so stop acting as if either he or Hillary would make a difference. Both are in bed with Wall Street. Sheesh, these Trump folks are like the Ron Paul fanatics were for awhile... — read more 

What is this role Global Work Space Services Transformation and what is the responsibility?

What is this role Global Work Services Transformation and what is the responsibility?

What would you do if you were asked to train your replacement in (or from) India?

Rumblings in some meetings are saying a large layoff is coming in Oct. No date has been given yet. It might turn out like last year where layoff happened in Oct/Nov/Dec...Happy Holidays!!

The management in Mortgage is really bad & partial. I did see their worst decisions coming from top management where it didn't make any sense. After successful implementation of 2 projects on a tool, they switched to another tool because one of the... — read more 

And beware of any manager who uses the term "family" to describe your team, organization, or the company as a whole. This person is either trying to manipulate you or so stunningly naive that you shouldn't be willing to work for him or her anyway.

I think the worst of it is the disrespect, bring treated as if we are so stupid we won't notice that they contradict themselves. I'd have more respect for her if she just admitted they messed up and told us what the mywork fiasco was really all about... — read more 

Forced furlough for contractors only. How about furloughs for the CEO and upper management. That'll help the bottom line for sure.

Aside from the absurd MyWork statements did anyone else find Aditya's fawning over Bessant bizarre? When he spoke about the big crowd , first thing I thought of is .. everyone is back in the office. His response was the big crowd was due to Bessant's... — read more 

New "Simplify and Improve" victims fell today... About 20 folks got RIF-ed today - mostly tech, some ops in Cathy Bessant's group. You may want to buy some BAC stock as if they continue to cut this way, the expenses will go way down - there will be... — read more 

http://www.charlotteobserver.com/news/business/banking/bank-watch-blog/article97371837.html Bank of America confirmed more layoffs impacted its Charlotte operations on Tuesday. Eric Thayer - Bloomberg Bank of America slashed more jobs in Charlotte on... — read more 

An obvious sign: Executives confirm layoffs are coming. An obvious sign: A WARN notice has been issued. An obvious sign: There's already been a round of layoffs. Executives start mentioning "restructuring" and similar terms. The higher-ups take steps... — read more 

That was an academy award performance. What could have given anyone the idea?? Possibly because of the Town Hall last year where she warned us that she personally would be reviewing the requests for exceptions and there would be very few if any. The... — read more 

So what we know for sure right now... QA at multiple sites are on Working Notice until 12/31, then they are cut. Severance plan changed on 8/15 (see Flagscape, type Leaving the Company, then click Corporate Severance Plan middle of the page). Recon... — read more 

Anybody notice the corporate severance program changed on monday? Gone is the verbiage about 2 weeks for every year of service, now they don't give any 'formula' at all. So what to make of this, sounds like they are moving to an environment where... — read more 

Whats next? The Greensboro NC site (Bank of America) Triad Center @ 4161 Piedmont Parkway building was sold for $6.1 million dollars to a company in Charlotte NC called Grubb Properties. The lease on the building had initially expired in 2015. Bank... — read more 

When is the next lay off, anyone know?

Our entire office was laid off then bought by another company, however only 80% were offered jobs by the new company. Lots of talented people were lost. It felt like a divorce!

http://finance.yahoo.com/news/u-sec-charges-company-severance-181210927.html