Anyone knows?

Most people do not know how bad it is getting at BAC. They don't know about the plans to replace real people with ATMs. They don't know about the plans to focus on internet banking, with a support staff in India. I encourage everyone to leave notes... — read more 

Bank of America is replacing the Tellers with sophisticated ATM machines operated by remote Tellers from overseas. The clients are furious by long lines at the bank and only 2 tellers operating the Teller windows. They are pushing the sales teams to... — read more 

Pretty funny....

Spent last 7 years as MyWork associate in GT&O. Was let go in October. Was actually on vacation when it happened, which kind of sucked. But turned out to be such a huge career booster for me. 4 months of severance allowed me to get certifications I... — read more 

I am not an employee of the bank but I am a customer of BOA but reading the posts on this website it explains why the level of customer service has decreased tremendously because a lack of employee satisfaction and overworked employees. Just like any... — read more 

Nothing but love for this bank...yep I was laid off.. but got my house though BofA..can't complain too much. See you at Walmart -laid off and happy...i'ts just a job...smile :). The Bank has to make money!!!

Why do you have to be near a hub vs an office building?

https://twitter.com/TheLayoff/status/707368476336238593

If you were mywork and not near a major core site you were let go, heard a LOT of myworks were cut. Jacksonville's foreclosure side got HAMMERED, all laid off, whats worse given 2 week working notices instead of non-working notices. CRT in Addison... — read more 

I've heard they may do one every month (one-offs and not as big), but my sources aren't solid on that one. They are SOLID about one in June, one group was told to loose 100+ people. Now things may change if BoA people read this board and changes... — read more 

Post updates about layoffs in this thread

Risk got hit too... I was a quant analyst in global risk analytics. New York City. Fixed Income trading desks also got cut too.

Bank of America (NYSE:BAC) announced earlier this month that it gave its CEO, Brian Moynihan, a $3 million pay raise last year. While the bank's performance improved in 2015, which I believe justified his raise, the structure of Moynihan's... — read more 

Does anyone have any ideas how long we can breathe until the next round of cuts? Tomorrow, next week, next month?

Can someone recommend a good Employment Attorney in Jacksonville? I really believe I have a strong case on the basis of age discrimination and will seek legal counsel as soon as possible. I am not sure if you had experience in this area or if you... — read more 

I would like to summarize what we write here and reach out to press and social media. I think the national media will not give us any attention, but if we go after regional outlets, we can draw a lot of attention. We should do this. Can someone help... — read more 

We need to have as many co-workers here - the more people participate, the more we will know. They are keeping us in the dark!

Layoffs started 120 minutes ago. God bless...

Risk Group lost 3 out 7 in our team. 1 in Charlotte, 2 Boston. 2 were Mywork... The other was sitting next to me in Corp Center, but my manager has 3 postings. It doesn't make any sense.

"For one metric, return on assets, the bank has set a long-term goal of 1 percent". Is it just me? How can shareholders be content with this kind of expected performance? They're whacking associates to beat the band all to support a best case growth... — read more 

Please keep posted about Today's layoff journey...Nothing showed up here yet ...How about other Sites !!!!

I don't work at B of A but I do have an account there ($200K+). Every time I go to the local branch, I have to wait in a LONG line to get to a teller. Even though the new "cool looking" branch has 5 teller windows, there's never more than 2 tellers... — read more 

http://www.networkworld.com/article/3041009/data-center/inside-bank-of-america-s-it-transformation.html

What is it like to work for BAC? That's an easy one. Your first day on the job, your manager will gently slice off your balls with a very sharp ceramic knife, the same kind of knife used in sushi restaurants, lock them up in a small transparent box... — read more 

If you work for GT&O - MyWork does not exist. You know, we cannot collaborate unless we are sitting in the office with each other, except of course, for the 50,000 off-shore employees. Somehow, we can collaborate just fine with them over the... — read more 

I do not work for the bank, my wife does. She's on the mortgage side and she thinks she may be affected. I see a lot of people visit here and there is a lot of people who are not happy. Are the layoffs affecting only the mortgage side or is this... — read more 

The powers that be have run out of ideas to actually make money so they've turned their lack of management skills into ridiculous metrics like band counters, as if bands ever meant anything before now, into trying to craft an organizational structure... — read more 

Do you have a list of branches that will BAC close in 2016? Is there such a list?

I hope those that want to be laid off are on the list for severance and those that want to stick it out keep them. While this Termination Tuesday will be bad, rumors are June will be much worse...some areas will be cutting 100+ positions per BM's... — read more 

Reductions continue: http://www.wbtv.com/story/31400008/bank-of-america-headcount-almost-down-to-07-levels

I know MyWork was a "benefit" given to us, but back around 2008 it was touted and encouraged to go on MyWork both for work/life balance and a money-saving move for BoA. Employees made adjustments and have been using it ever since. Now, they want it... — read more 

There are many managers who work from a "home office" and live in another city far away from Charlotte. If you look these people up on Flagscape it shows them being in Charlotte. If BAC is doing away with My Work and is requiring folks to come into... — read more