Thread regarding Bank of America layoffs

How to avoid layoffs the BofA way

  1. Force RTO for ridiculous reasons like "you need to be together to collaborate" even when all members of the team are in different cities. Claim to have an environmental impact by offering a few dollars off an electric car while at the same time requiring 100,000+ commuting/polluting hours per day from people who could otherwise WFH.
  2. Watch as your best people leave to go elsewhere to get the flexibility they want instead of being offered Friday 4pm cupcakes and being told that should make them happy.
  3. Once your attrition goals have been met, hire new people to backfill those positions at 50% pay reduction.
  4. Accept reduced performance from the new hires, and claim that you are still world-class despite knowing there is no substitute for experience.
  5. Claim the reduced salary expense and avoidance of having to pay severance as "positive operating leverage" in your stockholder call.
  6. Announce loudly to the press that you have not laid anyone off.
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| 1622 views | | 1 reply (August 20, 2022) | Reply
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H1-B visa holds American worker in STEM hostage.

Come 40 years old, and we are out

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