Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

RSUs for 2025

Are we getting them? Usually they are announced the day after the earnings report.

Great earnings report but...

Wait until your manager shares merit increase and bonus information with you. You'll think the bank is in the red.

News item

Wells stock up by a lot today. (BAC too, but not as much.) I guess shady practices will be coming back in style.

RSU and Bonus

What date do our RSU vest that we can pull them out and when do our bonuses get paid out is it last week of February or March?

RTO serves as the soft layoffs

We will probably have significant headcount reductions in 2025. Maybe not as dramatic as the previous poster is claiming, but there will be a lot of layoffs and offshoring. We can expect the 5-day RTO to be implemented soon if for no other reason but... — read more 

RTO 5x/week

JPM will RTO 5x/week starting March, according to my husband as officially announced in his team. BAC may not be far behind.

VPN issues ever. Single. Day. I’m going crazy.

“Unsuccessful domain resolution” everyday. Every single day. I’ve tried everything to prevent this but still, every single day, I must wait 30-40 minutes for it to resolve itself. Everyday I just get a little more angry. Is there anything I can do? — read more 

Next Week

We don’t do layoff mantra will no longer be true

New year, new priorities

I realized I had to change my priorities if I’m serious about leaving, and trust me, I’m very determined. I’ve decided to stop focusing solely on pay. Now, the culture, atmosphere, and job security are at the top of my list. Pay still matters, but if... — read more 

NO EXCUSE!

Is my area expecting up to 12” of snow? Yes. Does my LOB have the capability to WFH? Yes. Did my LOB get the ok to WFH? Absolutely not. All the BS talk on Flagscape about how BofA cares about employees, is a joke. Hopefully those who have to... — read more 


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| 1920 views | | 14 replies (last January 13, 2025)
Post ID: @OP+1jgwbw2qq

H1B - Golden rules for hiring - Save US Citizens

The H1B visa program is designed to bring skilled workers to the U.S., but the hiring process for these workers needs to be streamlined for efficiency and integrity. Verify Authenticity of H1B Candidates: Companies should ensure that H1B... — read more 

No place to build the career

Heck, this is no place to work at for longer than 2 to 3 years max. That is, if you even manage to stick around for that long without being laid off, kicked out, outsourced, reorganized, or booted out of your job in some other fashion. Just a short... — read more 

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| 1070 views | | 2 replies (last January 8, 2025)
Post ID: @OP+1wfCsfnp

Outsourcing everything

The bank has been gradually outsourcing tasks, depts or areas to other countries or national sub servicing companies over the past few years. This is likely a result of their $25 wage decision for 2025. This way they can achieve that goal and pat... — read more 

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| 1090 views | | 1 reply (January 2, 2025)
Post ID: @OP+1wftzwEo

What a mess

Layoffs every few months, endless reshuffling, and goals that don’t make any sense. Management’s mantra is always “do more with less,” but they don’t seem to notice or care how unhappy people are. There’s no future here. If you’re able, start... — read more 

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| 2030 views | | 8 replies (last January 18, 2025)
Post ID: @OP+1waqS19p

EOY Bonus

I think the fact that we don't get some sort of holiday/Christmas/ end of year bonus is so lame.

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| 2090 views | | 8 replies (last December 29, 2024)
Post ID: @OP+1w8hUZSH

Rate my comp

Senior engineer 200K base, total comp 280K. Good or too low?

Leaving was the right choice

I left six months ago, and it was such a relief, but the toll BofA took on me was huge. It took months to get my head and body back on track. BofA is the kind of place that drains you emotionally, mentally, and physically. I didn’t realize how much... — read more 

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| 1460 views | | 3 replies (last December 22, 2024)
Post ID: @OP+1w4dGuQs

Promotions?

When do people hear about promotions ?

Business/Operating Hours

When did standard business operating hours become 6a-2p for half the team!? Peers on the east coast are gone for the day by 11a my time. An entire operations / business support team is basically offline by 2p ET everyday! So frustrating and... — read more 

Did all of the dealmakers leave?

What happened to BofA in the past 15 years? So much political maneuvering and internal beauracracy. Risk is very not on board with responsible growth. We are losing in every market to JPM and smaller competitors and nothing is changing.

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| 860 views | | 2 replies (last December 29, 2024)
Post ID: @OP+1w0knXbB

Retirement Calls

Does anyone know why someone from GHR Retirement would be calling? Nowhere near the retirement age or have done any movements with it

Tech issues!

Has anyone noticed some serious technology issues when trying to login? I have to restart my laptop multiple times to connect to the network, the Authenticator app doesn’t register (click approve and it doesn’t connect to sent the approval to my... — read more 

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