Thread regarding Bank of America layoffs

Tuesday, September 27th is the day people are being let go!!! A crying shame!!! They doing it before 4th quarter hits. BOA went down hill.

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| 3564 views | | 20 replies (last September 28, 2016) | Reply
Post ID: @OP+JzThKWU

20 replies (most recent on top)

Chandler walked out 6 in REO including a V.P. QA is just walking out a group now. 3 Modification UW just walked out

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Post ID: @2wwi+JzThKWU

Agree. It is getting harder everyday to come to work. There is no more for the associate or the client. Total embarrassment.

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Post ID: @2ase+JzThKWU

I hate to say it but I wish they would make it my reality, too much on the table to leave of my own accord. Praying for the strength to do so. This is no longer the company I signed up for. I'm embarrassed by the treatment our customers receive and the total leadership failure to do anything about it. Constant fire drills that result in little or if any improvement. It's totally uninspiring

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Post ID: @2oyp+JzThKWU

Reality inThousand Oaks,CA

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Post ID: @1ctb+JzThKWU

Oh, the layoffs are coming, you can bet on that. There hasn't been a 4th quarter where we haven't had them.

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Post ID: @1ogf+JzThKWU

Looks like another hoax - wish people would quit posting BS posts abouts layoffs.

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Post ID: @1naj+JzThKWU

It's 11:12am and nothing in Amon Carter... ... yet

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Post ID: @1woa+JzThKWU

That's and old article. Google just the title, originally written in August 2011.

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Post ID: @1wwa+JzThKWU

I haven't heard of anything.

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Post ID: @1ffn+JzThKWU

It is 9:30 CDT and nothing in Addison that I hear

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Post ID: @1ppq+JzThKWU

That's what you call really Qrappy software!

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Post ID: @drr+JzThKWU

That's a very old article. The only truth is that the stock is at $6.97. It's a good short so get going!

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Post ID: @owb+JzThKWU

http://en.terra.com/news/news/bofa_layoffs_are_the_latest_as_an_industry_shrinks/act399401

Per the above article... a BofA representative confirmed 3500 layoffs spread across all business units...

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Post ID: @hmh+JzThKWU

https://finance.yahoo.com/news/bofa-fined-sec-lapses-caused-160224314.html

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Post ID: @amj+JzThKWU

Someone must answer for this: http://finance.yahoo.com/news/six-exchanges-collectively-fine-merrill-162820470.html . Preferably a band 4 or 3.

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Post ID: @pye+JzThKWU

The corp severance policy was changed on 8/15 to something vague and they removed the 2wks per yr allowance. The policy then reverted back to the previous verbiage of 2wks per yr on 8/25 and remains so to this day. It has always stated that they are discretionary. While the morality of not getting one could be brought into question, it is not set in stone that anyone will. The policy does in fact include a section regarding the refusal of job offers being grounds for not getting a package. More details are in order regarding this round of layoffs.

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Post ID: @qdf+JzThKWU

Theybwere told in feb that thier worknwould be automated and probably out by end of year but they thought with packages. They were given work notices begining of august that they would be let go but they can always apply for on phone collections. So no packagws also look at the employees severance package description changes made august 1st.

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Post ID: @wkb+JzThKWU

No packages??? WHAT? Are you serious? what kind of notice were these people given to not receive a package?

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Post ID: @aaq+JzThKWU

Process support from greensboro nc we told they would be laid off without packages. Some end of September, others end of October. I saw it coming. I quit about 5 months ago.

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Post ID: @kyh+JzThKWU

Curious.. In what location are you in? Do you have any details??? Where'd you hear this information?

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Post ID: @yup+JzThKWU

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