Thread regarding Bank of America layoffs

Layoff was a blessing, BAC on the right track

Spent last 7 years as MyWork associate in GT&O. Was let go in October. Was actually on vacation when it happened, which kind of sucked. But turned out to be such a huge career booster for me. 4 months of severance allowed me to get certifications I had been putting off, land a great new job (among many opportunities) and get double paid for a few months.

Not to mention I learned how inefficient work had become with a full team of WFH. Decisions that used to take a week at BAC now take a day because we all just get together and talk about it. I honestly think people who can work more efficiently from home over the long term are by far the exception. And exception to the rule does not invalidate the rule. It was a great perk from a personal standpoint but highly inefficient from a business standpoint.

If you as me, BAC is on the right track reducing workforce and bringing people back into an office. The biggest grumblers tend to be the laziest workers. I know because I unfortunately think I had become one...

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| 2793 views | | 14 replies (last March 10, 2016) | Reply
Post ID: @OP+GkW5iTE

14 replies (most recent on top)

A mid meets is all that is required for MyWork. This is a bank, not a tech company. Expecting a professional culture at the office where people actually come to the office is not hand holding.

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Post ID: @1ilb+GkW5iTE

My lord, MyWork or Not MyWork, we all schedule our lives around our job. There are just as many non-value-added associates that come into the office as there is in MyWork. We have become a society who thinks they are entitled to everything without working. Just because someone doesn't answer your MOC doesn't mean they are ignoring you or being lazy, start giving people the benefit of the doubt until otherwise proven. Make the most of what your given and I am sure that you waiting on one persons response isn't holding up every single thing you have to do. Yes it absolutely stinks the talent that has been lost at BAC for reasons no one knows and certainly can't understand while the 'get along' associates remain. There is reasons for that too I am sure. For those of us that remain with BAC through the many transitions should say a prayer that you have a job (many people would scoop it up in a heartbeat) and pray for the ones who have been displaced. And lastly, stop tearing each other up for their opinion and view, I mean geeze and we wonder why the company is in turmoil. Focus on you, do your job well and you probably won't even notice the 'slackers'.

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Post ID: @1yya+GkW5iTE

MY WORK - have some cheese with that wine (whine)😘

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Post ID: @1lry+GkW5iTE

Meets, exceeds.. NONE of it matters!! I have received exceeds on every review in the last 5 years and just keep getting more! I worked my ass off for the bank from home! Probably way more than I would have in the office! I gave my all and more! Many mywork associates have and we get rewarded by getting laid off while the others sit in the office and do NOTHING!! My work associates base their entire lives around working from home. In ANY lay off, each individual should be reviewed.. So many good hard working employees that actually care have been let go and will keep getting let go!! The bank is only hurting themselves and of course it will show!

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Post ID: @1awq+GkW5iTE

@GkW5iTE-1fom - what a joke. Have you been in the office lately? People arrive and leave as they damn well please. Infrastructure? What the heck kind of infrastructure do you need? Tech folks have laptops and phones, that's it. They work equally well, or not, regardless of locale. Sounds like you're a high maintenance associate who can't do much for himself and needs someone to hold his hand all day long to get anything done. In the office, or at home, doubt you're going to be any more productive. You haven't even addressed the riddle of an US leader holding the hands of 10 Indian staff who would have the bank in flames left to themselves, and if you think that is co-located you're just arguing nonsense with yourself.

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Post ID: @1udi+GkW5iTE

@GkW5iTE-1fom you are clearly not a band 3+ since you have NO idea how the ratings work. I am 99% sure you do not even manage anyone given what you wrote.

A "meets" is NOT good enough to do MyWork. Many managers do not allow it even at a meets- managers are given discretion and some actually only let "exceeds" go onto the program. For others it is situational. You are absolutely wrong that a "meets" is good enough to get on MyWork. It is NOT easy to get an exceeds no matter the manager if you understood the process and how many are able to allot it.

A teammate or manager WFH or in the office not responding to communicator timely is unacceptable period.

Time off taken to WFH? No, I would never make someone do that. If you are taking time off, that is called time off. I would never expect my associate to take time off if working from wherever as long as they are a good associate. And if they are not, I need to get them out for that reason and that reason alone.

I think you are just trolling.

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Post ID: @1awh+GkW5iTE

Other teammates or managers working from home and not responding to Communicator timely makes you more inefficient and less productive, even if you are in the office.

Also, a meets is not per se a good rating. It was just good enough to do MyWork and DNM does not prevent remote access and WFH if your manager still allows it. Furthermore, performance reviews are qualitative, especially in GT&O. It's easy to get a meets or exceeds with a lacksadasical manager. At worst, reviews may be arbitrary.

The culture of some teams not coming in on time or working from home - where they don't have the same infrastructure as they do in the office - lowers morale and productivity, even at the lower bands like 5 and 4.

MyWork and WFH on a regular basis need to end, or time off be taken when WFH.

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Post ID: @1fom+GkW5iTE

You're an idiot. Looks like BAC does weed out the idiots with lots of good people. But, agreed, they did the right thing letting your sorry butt go.

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Post ID: @1nuq+GkW5iTE

So you just pretty much admitted you're one of the reasons MyWork got a bad name....GOOD JOB! Just because you can't be a professional/responsible employee doesn't mean everyone should suffer because you can't hack it. I agree, you DON'T need to be in ANY WFH situation. You have a bad work ethic unless someone is looking over your shoulder all the time.....leave WFH to those that can handle it.

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Post ID: @1fdl+GkW5iTE

Wow, if this doesn't sound like a "planted" post. If you are a real poster and have grown from this, that's great and good for you. But your summing up of people being lazy on MyWork and not being in the same office sounds too much like a corporate shill. If it was so great to be in the same office to make instant decisions, WHY OUTSOURCE TO INDIA???? You're not in the same room with them, you're in different time zones and the language and culture differences can make understanding each other difficult..which in turns delays the process. I would respect BoA's decision, if they honored this return to office by returning jobs to on-shore where this miracle of being together can be maximized.

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Post ID: @yqq+GkW5iTE

That does sound unique to your line of business. In my LOB, even though many of us work from home, we start meetings right on time (sometimes i give an extra minute for others to join,) never hear doorbells or kids or dogs. It doesn't take that much brain power to know that is inappropriate.

I completely understand when someone has a kid home sick (i dont think anyone takes a real day off anymore) but for the typical mywork person, they do not have kids in the background. they know the benefit they are given and they don't abuse it. but again, that's my LOB.

I think it's employee based as well- some can be given that benefit and some cannot. I guess you yourself say you were not productive- it wasn't the right environment for you. It's definitely not for everyone.

Glad you got a new opportunity though. I am however curious- what certifications did you get? Did anyone look at you negatively since you were laid off? Never been laid off and am worried it looks like a black mark (which it should not since great people get laid off in bad times.)

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Post ID: @mvn+GkW5iTE

(OP) Also, for what it's worth, I (the original poster) am a real person, not a BAC fanboy. I was butt hurt when I first got laid off. But I also have a business background and BAC is a for-profit business, designed to make money for it's shareholders. That's it. It sucks that people are losing their jobs, but it sucks more for the people with less options than I had. YMMV. While BAC is going in the right direction from a profit business stand-point, it's unfortunate the wake of people they have left in their dust. Maybe I was unique in my position, but it was a push I needed. I will not, however, ever go back to work for them. In fact, I wouldn't even accept interviews at big banks after I was laid off. Just couldn't stomach it.

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Post ID: @ldr+GkW5iTE

(OP) Could be a cultural thing at my new company I suppose. But it's little things...on conference calls it was totally normal for nobody to show up for at least 5 minutes after start time. Noise in background, dogs, kids, doorbells...it really got kind of odd. All in-person meetings at new job start right on time and I seriously was more productive my first two weeks on my new job than my last 6 months at BAC. I totally get that some of that may very well have been my fault, but it just seemed like things moved so slow and getting people to do anything over the phone was like pulling teeth. For me, I needed the change, but I didn't know I needed it until I was laid off. So guess it kind of worked out for me.

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Post ID: @jig+GkW5iTE

Interesting view point. I have a mixed schedule where I get to WFH and go into the office as I mentioned in another post. I am always in the office for in-person meetings, but I have not found them to be more efficient. It's what happens after the meetings that either delays or propels things. You can have an equally productive in person or conference call and it all depends on how people take their tasks away. Lazy people everywhere. I don't think that people who wfh are the exception to the rule. After all, they are working from home because they have proven their drive. (or at least I thought that's how it went. (no sub-par associate is allowed to wfh in my group.)

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Post ID: @eup+GkW5iTE

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