Anyone would care to chime in with a prediction about potential Bank of America Layoffs 2020? Any news or rumors?
11 replies (most recent on top)
My whole global team was let go...not till we train our replacements tho. Team has been there 15-45 years.
just got news that my offer has been put “ on hold” due to budget constraints. Same day earnings come out, the HR rep calls and tells me that they’ve put a freeze on new hires.
Managed Solutions externals were all let go yesterday.
News today is RAC in College Park GA is closing today and the work will be sent to India....
Apparently false news of a mkt lay-off dec 4
We had a meeting indicating we will be very busy in 2020 but working with less since it’s all about profit.
I see more and more jobs in fraud going to India. I'm waiting for one of the big bosses to show up unannounced to tell us we are all out of a job in 60 days and if you want you severance package you have to train your replacements trainers. It's happened at other companies and it can happen here too.
More layoffs will happen with replacements coming from India
We have layoffs almost every month, but since we are large, many of the groups affected do not know about each other. There is no reason to believe things will be different in 2020.
I'd expect Q1 of 2020 to be particularly tough, just my gut feeling.
Just happened in the appraisal group
There was an earlier post about first week in December layoffs and specifically in marketing area but I have not heard anything more.