Thread regarding Bank of America layoffs

Prepaid Fraud Town Hall

What a joke. Anyone in attendance? So the 2 year roadmap basically says we are out of that department July 2025. Closed. Kapoot. BUT he said they will not really be helping everyone find a spot for us to go to. So we get severance? Thankfully I am not near an office and can remain working at home, but I do feel bad for the others. One even said that is not a lot of notice to give. Time to brush up my interview skills I guess.

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| 1782 views | | 5 replies (last December 27, 2023) | Reply
Post ID: @OP+1pfQyV74

5 replies (most recent on top)

Don’t wait it out for the severance. When a round of layoffs were announced in 2015 I had many colleagues find jobs outside of BofA during in the couple of months of notice they were given. Anyone that made it known they were leaving after the layoff happened they were “found roles” and offered them. If they refused BofA informed them their severance was cancelled. “We found you a role so if you leave you’re quitting”.

If they say they’re eliminating your position just take it as a sign you need to take care of Q1 hiring elsewhere ASAP

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Post ID: @12arb+1pfQyV74

Two years isn’t enough notice?

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Post ID: @2mvt+1pfQyV74

The bank has been preparing us for the past year that something is about to happen.

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Post ID: @1pfa+1pfQyV74

What exactly does pre paid fraud do compared to check and debit card fraud.

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Post ID: @rfr+1pfQyV74

July 2025. How is that not enough time to find another job. Last time I checked 1.5 years is more than enough time. What am I missing.

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Post ID: @pty+1pfQyV74

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