Thread regarding Bank of America layoffs

Interviews & Offers

I did interviews for them as a previous employee and both interviews went extremely well. However as I waited for a respond I was notified there was a hiring freeze . I want to verify this wasn’t just me and others received the same follow up. Which will mean I have to reapply.

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| 1495 views | | 6 replies (last April 18, 2023) | Reply
Post ID: @OP+1mbRxOUH

6 replies (most recent on top)

Yes, there's a real freeze. They are moving people around internally as they always do. My advice to you, look elsewhere. Been here a few years and this place does not value hard work. It only promotes people who sck up to senior leadership. Hard work is rewarded with more work. I kicked bu-t my first year and got told, well, the bank didn't do well so we can't really give you a good raise/bonus. Since then I started to quiet quit and now I just took a new job making 10K+ more plus 15% bonus, which is unheard of at this azzbackwards organization. In my time at the bank, it was on average 2% raise/bonus, if anything, despite having satisfactory year-end reviews. I would never recommend anyone to come work here.

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Post ID: @1uqn+1mbRxOUH

OP, can you also tell us what department/position you applied for? (asking for a friend) 🤔

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Post ID: @vhv+1mbRxOUH

Contractors are being released. Not sure what area you are seeing them added.

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Post ID: @wcp+1mbRxOUH

yes, was put in place back in January and recently extended thru Q2.

There would have to be a critical risk to the company for any hiring manager to secure any exception.

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Post ID: @ekx+1mbRxOUH

What I have heard and seen is that mostly only contractors are being brought in now, likely through Q2

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Post ID: @sgd+1mbRxOUH

Yes there is an external hire freeze right now. They just moving around internal employees

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Post ID: @pdt+1mbRxOUH

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