So how do layoffs usually work at BoA? Does the manager actually have any say in it or is it more of an HR pulling names out of a hat or doing some cost basis analysis of individuals or checking off D&I and other numbers and stuff?
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"In fact if you are white, over 50 and a conservative you will be PROMOTED to the board of directors. Open you eyes."
is that why job applications ask for your race
and DEI is definitely not a thing
and universities never discriminate based on race and they did not come up with
DEI, ESG, or white privilege
in fact the corporate media cannot go a single day with slandering someone with the phrase white privilege, white nationalist, or white supremacist
The previous comment is spot on with one caviat ... some members of leadership will risk it all to protect family/friends/significant others in the workplace. This place is a prime location for ambulance chasing attorneys to make a profit
Layoffs are done quietly now and purposely designed to get rid of older workers. One of the ways it's done here is to do a re-organization, such as merging teams. They end your formal job function, and then offer you a dead-end telemarketing job at lower pay working nights and weekends. To demoralize you, they promote younger workers half your age to replace your prior job function. Even your new incompetent manager will be a rookie novice. Your new manager will micromanage, nitpick, and harass you until you quit. Even if the bank is having record profits, you'll get no cost-of-living raise. This is the new reality. This is how they replace senior, more experienced staff.
Sometimes a manager has say, and sometimes they do not - really depends on their hierarchy level/band and the leadership style of the leaders above them.
HR can stop certain individuals from being placed on the list, typically due to protected class etc, but usually it is the front line unit who determines the layoff strategy and those impacted.
"Really? Remember who is paying off your student loans. Put that silver spoon back in your mouth and shut up."
Considering student loans have a basic eligibility criteria of demonstrating a financial need, theoretically people with "silver spoons" are less likely to get them.
Whoever wrote "the white over 50 and a conservative comment" is highly misinformed.
In fact if you are white, over 50 and a conservative you will be PROMOTED to the board of directors. Open you eyes.
"If you are white, over 50 and a conservative, you are at risk of getting laid off."
Good riddance.
Honestly the days of large layoffs and severance packages are over. The new way is to pluck employees off one by one. There goal is to make you quit and go somewhere else so they don't have to pay severance and unemployment. The other way is to offer you a sh-t job at half your pay and a longer commute. Welcome to the new world
If you are white, over 50 and a conservative, you are at risk of getting laid off.
I am aware that when they lay people off it usually begins with the most competent first. They usually keep the d-mb and worst leaders to avoid losing their jobs in the future. This company is azz backwards like I have said before on earlier posts.