They don't want any 4s reporting to 4s? Anything regarding 5s? What will they do if a 4 only has 1 or 2 directs?
Need an employment law attorney? Rich can help you: @GfweOns
Need an employment lawyer? Rich can help you: @GfweOns
Whatever happened to management leading by example?
This makes me so friggin sick to hear and see people being given an ultimatum to work in a F@#%ing office who live more than an hour away to either select between a office that is located in a damn enitrely different state other than where they... — read more
My work? Discharged due to distance from a core location? Lawyer up!
Most likely your offer letter did not put limits on how far you can live from a core location. Why should your boss tell you where to live when you are willing to commute to work?
Firings/hirings
BoA upping car loans. Here's your chance to change depts : http://www.cnbc.com/2016/03/03/bank-of-america-revs-up-auto-loans-business-despite-warning-signs.html
severance negotiable?
To all the HR folks...is money paid in BOA Severance package negotiable?
Contact an attorney to discuss any specific employment issues...Title VII, ADEA
Disparate Treatment? Disparate Impact? Over 40? Better Call Saul!
Cuts ahead (Investment Banking)
This is from the Business Insider: Bank of America is preparing for significant job cuts across its global banking and markets business, according to people with knowledge of the matter. Senior executives in the division were tasked with identifying... — read more
March 8
Will be a cut day
Back to Office mandate
I'm hearing GTO will soon require all remaining MyWork employees to start working from an IT office as a condition of employment. Anyone else hearing anything?
HR meeting for ALL employees Wed March 2nd - layoffs?
Big HR (GL) meeting for employees across departments. What are u hearing? layoffs? Employees told to reschedule all meetings and attend must meeting on Wed. Any insight would be great for all. Thanks!
More power to Trump, the unprotected, and the bottom 99%
More power to Trump, the unprotected, and the bottom 99% Trump and the Rise of the Unprotected Why political professionals are struggling to make sense of the world they created. What is happening in American politics will happen across America in... — read more
March 15th Layoff - Now March 8th
Tuesday, March 8 is the next round of large layoffs, affecting GT&O. This will most likely replace the one on the 15th, but as of yet unconfirmed. Addison and Plano will be hit hard.
BAC Corporate Office Layoffs
‘small number’ of jobs in Charlotte affected - http://www.bizjournals.com/charlotte/blog/bank_notes/2016/02/more-layoffs-at-bank-of-america-small-number-of.html
Draconian cuts
Seems a stretch to associate leadership's 'hack associates with gusto campaign' to any economic or market forces. These draconian cuts aren't aligned to any other force except the senior leadership team's desire to cut as as large headcount as they... — read more
Disgusted with the Cheapskates who Run our Bank
Well, now we know how the Bank is going to pay for Moynihan's 23% pay raise, right? I guess the famous "headwinds" that executives like to tell us about so we don't expect any pay raises don't apply to those same execs. Laughter and toasts all around... — read more
The morale is horrible right now
Layoffs in marketing today across the board/ geography. At least five let go at Beach St including a Band 5 manager in presale foreclosure. The morale at Beach St is terrible...no one interested in giving 100% anymore. If the bank wants to pay me to... — read more
BofA March 15 2016 Layoff
I have been hearing that a big hit will happen on 3/15/2016 – at least on the mortgage side. They plan (still a rumor) to keep laying people off through the end of 2016, it’ll be a monthly process, planned and managed, with cuts happening every last... — read more
Layoffs
Has anyone heard of any layoffs in Boston? I cant believe we havent been hit, but so far...no word.
New Opportunities
We want to take this opportunity to thank those teammates who are moving on to new opportunities for the work they have done for Servicing Operations. We with them the best of luck in their future endeavors. F you, Berens -- Hope you an Meola choke... — read more
Large Layoff - Bank of Anerica - GT&O - Addison and others
Date confirmed for relatively large layoff in Addison and others in GT&O on Tuesday, Feb. 23. Another to follow in March. Leaders were asked for employee lists two weeks ago, lists were finalized last week.
Brian Moynihan, CEO of BoA (and chairman of the board), has a 23% raise.
Brian Moynihan, CEO of BoA (and chairman of the board), has a 23% raise.
If you’ve made them cry, you’ve succeeded in getting your point across
Success or Crazy people who should not be in leadership roles child abuse? If you’ve made them cry, you’ve succeeded in getting your point across. whether I can ever be safe making mistakes. Good classrooms (and schools) are places where error is... — read more
One of America's oldest stock exchanges has just been sold to China.
The 134-year-old Chicago Stock Exchange reached a deal on Friday to be acquired by a Chinese-led group of investors. Terms of the Chicago acquisition were not released. Privately-held Casin Group was founded in 1997 and has investments in real... — read more
Bank of America CEO Brian Moynihan got a 23% raise. Bank of America's share price dropped nearly 6% over the course of 2015. The S&P 500, by com
Bank of America CEO Brian Moynihan got a 23% raise. Bank of America's share price dropped nearly 6% over the course of 2015. The S&P 500, by comparison, dropped 3.5%. The lower the stock goes, the higher his compensation raise.
FX Tech Blood Bath
Why no mention of the slaughter and transfers in the FX IT Department? Guess thats the point. A slow burn does not make the papers.
Charlotte-area Banking Layoffs
Pretty much all banks in the Charlotte-area are cutting staff, if you are affiliated with anythign that has to do with mortgage business, you are on the hook and you should be very careful. I'd have my resume ready and I would not hesitate to start... — read more
Fed 24 2016 Layoffs
If you are in GT&O expect it to be a monthly thing... Bloody Wednesdays as they call them
BAC Layoff Selection Criteria (2016)
It has been apparent in many cases talent, experience, ability, value, performance all too often does not matter in people selected. Many people are less than stellar performers but there are also some associates who are people who are great... — read more
Bank of America layoffs in March 2016 (Chicago)
Do you have any updates on the planned layoffs at BOFA Chicago?
February layoffs?
Anyone know wheb?
Q: Does an English major make a good leader of the technology department?
A: If you answered yes to the question above, you must still use an abacus. Why are we reducing headcount based upon location and not based upon talent? We have technology to bring virtual teams together but we are not using it. I guess they don’t... — read more
Greener grass IS on the other side of the fence.
I’m a recently displaced associate from GT&O / Consumer Operations located in the Plano office. To my surprise BofA’s competitors in the market are hiring at fast rates. Less stress + better pay + better leadership = job satisfaction. If you are... — read more