From the Charlotte Business Alliance on working remotely:
“I think it’s relatively premature, deciding the world’s changed forever,” Moynihan said. “The reality is that there was no choice (in working remotely at the start of the pandemic). We have a choice now, so what happens next?”
Read more at: https://www.charlotteobserver.com/news/business/article256424566.html#storylink=cpy
@1pqf+1edtOcWz BM may be referencing some FLU employees who never really went remote... But yeah, there is nowhere near half of this company in an office today. Majority of back-office folks who RTO'd in Sept, have gone back to WFH posture.
Most offices are still sitting with mostly empty floors, although the Bank spins it to say a high % of offices are now open...
The article quoted from the OP states: “In our case, 160,000 people went home overnight,” he said. “It really forever changed the way you thought about resilience and about recovery.” The company has brought the majority of those workers back to the office, he said, adding that it’s too soon to say which workplace changes may be permanent.
Is that true? That the majority of the 160,000 ppl wfh were called back to the office? It doesn’t seem so.
Read more at: https://www.charlotteobserver.com/news/business/article256424566.html#storylink=cpy
Psychopaths are born, sociopaths learn their 'skills' during life. I bet a big part are are sociopaths as well. I bet being a lawyer and a CEO ranks pretty high up there....Here is what WaOo has to say:
The data has confirmed all of our suspicions: one in five chief executives are psychopaths. At least, that’s what was found by a recent study of 261 senior corporate professionals in the United States.
What exactly is a psychopath? Webster’s Dictionary defines the condition as “a person who is mentally ill, who does not care about other people, and who is usually dangerous or violent and affected with antisocial personality disorder.” Yeah, that pretty much describes me on some days…and my entire client base most of the time!
“Typically psychopaths create a lot of chaos and generally tend to play people off against each other,” Nathan Brooks, a forensic psychologist and the lead researcher of the study said in this report from The Telegraph. “For psychopaths, it [corporate success] is a game and they don’t mind if they violate morals. It is about getting where they want in the company and having dominance over others.”
Brooks blames bad screening practices during the hiring process.
By the way – psychopathic behavior in the general population is about one in a 100. What’s a little disturbing in this study is that not only are 21 percent of corporate executives psychopathic, but so is the same percentage of prison inmates.
Also disturbing: this isn’t the first time researchers have noted psychopathic tendencies among senior executives. In research also reported by The Telegraph a few years ago, a psychologist warned of a growing number of “triadic persons” in the workplace who combine three types of dysfunctional personalities among white-collar workers: psychopath, Machiavellian, and narcissist. Such people, he warned “have a dangerous, yet effective mix of a lack of empathy, self-centeredness, deviousness and self-regard which can propel them to the top of the organizations.”
The good news? I thought the number would have been higher.
https://www.washingtonpost.com/news/on-small-business/wp/2016/09/16/gene-marks-21-percent-of-ceos-are-psychopaths-only-21-percent/
The reality is BM makes roughly 500k a week. He must be doing something right.
The entire leadership team is out of touch with reality! They are paid to sell lies to us while we over work ourselves to make them record profits.
I told you people this CEO doesn't care about you or your family. He is out of touch with the real world. The stockholder's need to get his azz out of here asap. The RTO is nothing more than an organized reduction in force. BOA need to stop posting those flagshlit photos of employees looking all happy but they are mad as fcuk. I wished they would come to my office to post a photo and I would give them the half peace sign on each hand.
While I agree he's out of touch in many ways, this is a calculated reduction in force initiative no doubt. Force people to quit, claim you've laid off no one, and claim the saved severance as responsible growth. Period.
@rxc+1edtOcWz is absolutely correct, RTO is a reduction in force initiative. BofA did not conduct any broad-based layoffs last year due to the pandemic but have been quite clear about the need to cut expenses now. RTO is being used to drive up attrition and majority of open roles as a result of resignations are looking to be outsourced. This is no different than what happened a handful of years ago when they abruptly ended the MyWork program for no justifiable reasoning.
BM = bowel movement
So... lol, it doesn't work?
(Hint: it doesn't, because if it did, the number's we're seeing would be lower, not higher!)
RTO's sole purpose is to drive attrition without the company having to pay severance. They really couldn't give a F*** about your health or your vaccine status. They are using the vaccine & RTO as a tool to reduce associate cost.
The Covid vaxxine only works when people stay isolated, work from home and wear a mask. It's so sad management doesn't want to eradicate this pandemic.
RTO’s sole purpose is to get you all vaccinated. WFH is over. Vaccines are where the money is at.