I think this very strongly applies to all of us. I truly recommend this read. It's a "book" which I found via PDF but it is a very very quick read and will really give you a good perspective... — read more 

I've spent my whole career, over 20 years, with the bank. My role isn't being eliminated in the near term but there are pilots, that we're not supposed to know about, going on related to different aspects of my job to see how other roles can manage... — read more 

Several associates in MRT were let go this morning at Amon Carter. Anybody hear of any others?

I see some folks mentioning MyWork is no more an option. However , The Bank website still maintains that MyWork and Flexible Location options are still available.I am Confused. Do we have any reliable source about this...?

If a branch is expected to close in 2weeks and the assosicates where told they would be placed within 30 miles ,wouldn't you think you would have heard something by now about placement? Is this normal? Or do they wait until the last week and let you... — read more 

"If it is not on hold, it has slowed down significantly because of issues with space. The only places with room to accommodate people returning from program is Texas. Everywhere else is full or already committed. Means that until they make more space... — read more 

http://www.cringely.com/2016/08/08/outsourced-probably-hurt-delta-airlines-power-went/

I just got asked if I could travel to India for 2 weeks to train....are you F'ing kidding me? Train someone to take my job? I politely said no thanks.....a bit ironic being they've never officially made a statement the work is going to India and... — read more 

It was said many times thu the year that the lower 10% will be let go and I think the time is now.There is stress among employees cuz we all know those 10% may not be the lowest.Can be anyone at this point.

Furloughs they are coming to contractors by the end of September to October. So glad I have an understanding boss in my chain of command. He/She knows I am a widow with teenageers and can not afford taking another 80 hour pay cut. When I got told of... — read more 

Is Working Notice replacing the actual severance package or are you still entitled to severance once working notice expires?

Soooo several people are getting a working notice in Plano but the uppers are not telling who the impacted individuals are. So you could be talking to someone and not even realize they got his notice unless they personally tell you! Not sure what has... — read more 

Any truth in this?

It's gotten to the point that I'm asked to complete 60 days worth of work in two weeks and within those two weeks I get emails or IMs from different people, at least 2-3 times a day, to report on progress. Same questions, already answered in system... — read more 

Mid-senior manager here in North Texas. Most of the management staff I know, myself included, are trying to do the right thing by our employees. The thing is, a lot of (maybe most) are being purposefully left out of the loop on the many changes... — read more 

I started managing Indian H1B workers recently. Before I was only an "individual contributor." What I am seeing sickens me. BofA management is complicit in exploiting foreign workers they are bringing to the United States. Here I will briefly explain... — read more 

Bank of America Corp. said it would deliver another $5 billion in annual cost cuts by 2018."...Much of the cost-cutting burden is falling on the bank’s staff. Bank of America has shed about 25% of its jobs since Mr. Moynihan became CEO in 2010, with... — read more 

I'm in Delaware and have not heard anything although there has been a lot of flattening. To me what really is the point of flattening on paper if you are not going to see where you can cut.

20 people in Jacksonville, FL Post Closing QC received 60 day notices yesterday. Confirmed. More to come before Sept 2016.

I heard band 4s a year or so ago and now read an article that Brian Moynihan said it will be higher paid managers. "As the employee base continues to go lower, we think it's important to point out that the reductions on a percentage basis now include... — read more 

Not sure on details, but there is a push to offshore a lot of roles by end of year.

Heard 3 in pre sale foreclosure got let go today at Beach...

its been rumored for months that the site would be closing? A lot of executives have visited the site. Is this a sign?

BAC plans to chop costs through the ongoing Simplify and Improve initiative (which is designed to streamline work processes - sic). The bank eliminated 2,667 positions in the second quarter. Following the cuts, the bank has 210,516 employees, that's... — read more 

Date for next big layoffs at BAML is shaping up to be Jul 19/20th. Brexit simply hastens the ineptly named "Bowditch" project - separating GWIM from Global Markets - which seems driven by the desire to sell or shutter Global Markets within a year or... — read more 

If yes, you can leave a message and comment here: https://www.thestoreclosing.com/c/bank-of-america-bofa

The real pickings are in the BofA Merrill Lynch area where there is so much waste and duplication!

I recall seeing a posting that layoffs occur something like the 1st and 3rd Wed of the month, can anyone clarify with inside knowledge at all?

Any Layoff in Jax Fl, I heard 12 QA assoc were laid off this week. Does any one know??

Rumor has it that the big wigs will analyze for defects, etc and if any in the past several years, they won't pay severance. Pretty sure they can't do that with WARN and the like, but, has anyone heard of this?