The primary objective in a chess game is to capture the king but when you inject the present orders (conditions) of headcount elimination without severance to save money (character assassination). The game now changes without informing the chess... — read more
Bank of America Band 6 Salary
Anyone here who might help me to find out what Bank of America Band 6 Salary is?
The word has finally gotten out!
What everyone who works there already knows, this company is bankrupt of ideas to make money, and is on life support. http://realmoney.thestreet.com/articles/01/26/2016/bank-america-life-support
Beach move
Anyone have a timeframe on the beach street move?
The move
Anyone know a timeframe on when the beach employees are moving?
2016 Bonuses
Bonus expectations are so bad no need to rush the mass layoffs.
Big one coming near end of Feb.
At least it's after bonuses. All I am hoping for is a decent bonus and then a package.
The stock is dropping...
We really need to know if this panic is related to the junk bond funds floating the collapsing fracking industry. How much money on CDS and CDO is at stake in the shadow banking industry. Just tell us little people and we'll stop worrying about the... — read more
Earnings
Earning reports that headline and gloat about "managing expenses" I used to be so proud to work here...
My work program
I'm located in Albany ny and we can still work from home. I guess we are lucky.
Bank of America CEO Brian Moynihan
Amount of federal income taxes paid in 2010? Zero. $1.9 billion tax refund. Taxpayer Bailout from the Federal Reserve and the Treasury Department? Over $1.3 trillion. Amount of federal income taxes Bank of America would have owed if offshore tax... — read more
Looks like Allegheny Center in Pittsburgh will be doing credit card collections.
Looks like Allegheny Center in Pittsburgh will be doing credit card collections. They will be hiring probably. I will bet they will be temps so BoA won't have to pay benefits. They canned good workers. Let them go to look for other jobs. Now this... — read more
The truth behind MyWork
It has become obvious that the whole reason MyWork has been cancelled is so that they can easily get rid of people. In other words they are forcing attrition. I ke outsourcing, this will backfire in their face. Those that resist will be contacted by... — read more
BAC Town Hall - Questions you really want to ask!
Be creative, let's post the questions here.
Apple Pay, Samsung Pay and Android Pay
All of this new stuff is cutting into our margins, I really hope that somebody at the top wakes up at some point and figures out what kind of strategy we will have - this needs to happen soon. I think that the management is too focused on their... — read more
Are Cathy and Brian cleaning up the BofA operational footprint so it's easier to divest/sell parts off?
February 2016 cuts were accelerated. Last week's layoffs provided no financial benefit for 2015. MYWORK individuals targeted. Roles reduced. Yes....Simplify and Improve; reduce the amount of work by severing the people doing the work. So --- Cathy... — read more
Management is not telling all. Department is turning into a call center. We have no training but mess up verbal,written, termination,
That is one way to get rid of assoc.
Did Cathy Bessant meet her expectation?
Did Cathy Bessant meet her expectation?
Bank of America Branch Closings List
Anyone has the list?
Should be called Bank of India
Sad as I walk around our office and see how almost all technical resources in our area have been replaced by onshore/offshore from TCS or Infosys. My management now refers to technical resources as a commodity. And they typically roll over ever few... — read more
Definition of Corporate Terrorism Terrorist
Please help us (Urban Dictionary) refine the definition of Corporate Terrorism, Terrorists from the employees views based on what you have read in Layoff.com about bank of americas actons against current and ex-employees.
BAC RDO Layoffs in 2016
Do you think we'll be hit big time?
BAC Layoffs 2016 - Newark, Greensboro, NC (Triad Center), Ft. Worth (Beach St), Westlake, Plano
What are your predictions? Who is going to be hit the most? Newark, Greensboro, NC (Triad Center), Ft. Worth (Beach St), Westlake, Plano?
I think I speak for everyone on this site.
Human resources employees for this entire holiday month be proud and when someone in the store or restaurant asks you where you work be boisterous and say “Human Resources at Bank of America”! There is no need to be sinfully shy. You should be... — read more
The Games continued
Our internal network was down. Head of department talked to all managers. Managers spread the gospel message that we were still responsible to get our work completed or we would pay the consequences. Mangers told everyone to download the work to our... — read more
Boss let go - am I next?
What are your thoughts? Boss let go team spared ... Are we the next on the chopping block?
Six figure bonus for all employees
See it Chevron's board here: @ESMCHMc
BAC Addison Layoffs 2016
Does anyone have an idea about what might happen with Addison next year, there is so much anxiety in the office, everyone is kind of freaking out as we feel we are not being properly informed and there is a lot of commotion. People hate uncertainty... — read more
Yesterday's cuts
Seemed to be centered around Band 4 and 5 mostly....I know at Beach St there were two Band 5's let go and a couple at Addison also...I know a B5 and a B6 team manager in Jacksonville that got let go also....all in LAS
Technology and other layoffs
Lot of folks in Technology laid off in Delaware and NY. Time to Start labor union like Auto for banking, it hurt them and they are back strong again. BofA sucks, only CountryWide & ML thugs in management surviving. Failed management running Out of... — read more
Thousand Oaks hit
Several people were let go in Thousand Oaks. We expect more. There is no rhyme or reason. It seems like managers are just picking the people they like the least. High performers going out the door!!! Low performers are staying!!
Higher Bands Were Hit Today - SVPs and VPs (E-Commerce)
My favorite SVP was cut today, but hey, that's life, gotta move on and forget layoffs
Laid off today - Senior Credit Analyst and Retention (ECCR)
I was let go, there was 3 of us from my group that were laid off today. We kind of had an idea it was coming but I was not expecting that they will lay us off just before the holiday. It sucks, but I'll pick up the pieces and figure out something, it... — read more
Technology, Initiatives in Jacksonville, FL had layoffs today
not big though, a handful of people. Good luck and God bless