Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Return to Office Accommodation

I was just told someone has an accommodation to work from home because she lives a good distance from the office. Does the company still offer this? If so, how far away do you need to live to get this accommodation?

Unofficially official update and more -

I have more information, and no - it is not good. First, as for the 5 day RTO, yes, it is still being discussed. The discussions are including morale, head count, space and how all these puzzles will fit together. Now I know just from reading here... — read more 

How much…

How much money do I need to retire?

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| 1000 views | | 9 replies (last October 2, 2024)
Post ID: @OP+1uHa62SP

discrimination lawsuit

Has anyone ever sued the bank for discrimination? Or know someone who has? What was the outcome?

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| 750 views | | 1 reply (September 26, 2024)
Post ID: @OP+1uHrMbpN

Authenticator App Update

Did you all see that in Flagscape that a update will happen over the weekend? You now have to provide your location. Any thoughts?

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| 1680 views | | 9 replies (last September 27, 2024)
Post ID: @OP+1uDZw7In

Technolgy is breaking at BOFA

Lots of technical debt at the bank. Billions in upgrades needed. Leadership is legacy all 15 year plus... Most top talent has long gone or been pushed out.

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| 1300 views | | 7 replies (last October 3, 2024)
Post ID: @OP+1uCVmgbE

Severance…

How does someone get offered severance at the bank? Is it two weeks of pay for every year worked, or is the package more generous?

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| 990 views | | 4 replies (last November 14, 2024)
Post ID: @OP+1uC38BoE

Severance

Wondering if you are offered a severance package and accept, are you able to reapply in the future or does that end your time at BofA?

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| 800 views | | 4 replies (last October 11, 2024)
Post ID: @OP+1uBN86Ri

Branch Manager role

Considering a BM role for BoA- would appreciate any insights of the culture. Is there hefty sales goals pressure? I also noticed branch hours are 10-4, which is appealing as it’s better than most banking branch locations. Is the expectation 10-4 for... — read more 

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| 760 views | | 8 replies (last November 19, 2024)
Post ID: @OP+1uzbsDJn

Side hustle

Are we required to disclose to our manager if i do food deliveries on weekends and non office hours? This economy got me in a tight situation.

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| 1290 views | | 9 replies (last September 19, 2024)
Post ID: @OP+1utDEi18

Bank of America Pay Band and Bonuses

I have an interview for a Business Control Manager position. I would like to know what the pay band is and what bonus to expect. I’m currently working at a different bank and getting a 20% cash bonus. Is B of A comparable?

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| 2120 views | | 12 replies (last November 19, 2024)
Post ID: @OP+1ussTYgd

Private Bank Layoff?

Heard there are layoffs happening within Private Bank , specifically the institutional group

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| 870 views | | 3 replies (last October 30, 2024)
Post ID: @OP+1urvTLkH

Bonus

Serious question - is pay for performance (bonus) really no longer a thing? I’m new and thought my salary (total comp) was decent because of the bonus possibility. If it’s no longer a thing, I’ll be pretty upset. Has anyone received a bonus within... — read more 

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| 2240 views | | 21 replies (last September 16, 2024)
Post ID: @OP+1unrCzhV

Internship opportunities for college freshman

I am currently a freshman at UNC Charlotte, majoring in Computer Science. Does Bank of America provide any internship opportunities during freshman year? Thank you for your response.

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| 750 views | | 9 replies (last September 17, 2024)
Post ID: @OP+1un7TXkY

What do you think about AML Ops?

Just that really. How's the organisational culture? Appreciate any inputs as I am considering an offer I have with this team.

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| 970 views | | 6 replies (last September 19, 2024)
Post ID: @OP+1ulhupKk

Start date for new hires

Heard that start dates for candidates that accept an offer are now being deferred for the beginning of the next year after a certain cutoff. Is this accurate, and if so, when does it roll vs immediate start?

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| 950 views | | 6 replies (last September 6, 2024)
Post ID: @OP+1ukRxLYz

Those of you who have stated 5 days a week in 2025...

Have any of you been told that ON THE RECORD? Or is it just rumors and/or hearsay? I don't doubt they are looking to have more employees in the office more than 3 days a week. I do have doubts it would be firm-wide for 100% of employees. They've put... — read more 

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| 2480 views | | 7 replies (last September 17, 2024)
Post ID: @OP+1ukYLDLI

Shut up about in office requirements

Good lord.. the last 9 posts are “in office requirements” .. yes the bank makes you work in office and just know that going into an interview. It’s anywhere from 3-5 days, no need to post every single job application. Driving me crazy

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| 1070 views | | 9 replies (last October 20, 2024)
Post ID: @OP+1ukXKqjV

In office requirements

Hi. I am interviewing for a position at BOA and am wondering how many days in office is required. It’s a corporate office position in CRE sector out of FL. Thanks

Anything good?

Is there anything good about working at BOA that you like? I’m curious. The job market is depressing and I need a reminder so that I can hang on a bit longer. lol. I’ll go first, benefits aren’t bad

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| 1660 views | | 12 replies (last September 3, 2024)
Post ID: @OP+1u7J9zia

More Layoffs

Bank of America has been quietly cutting tech staff. https://www.efinancialcareers.com/news/bank-of-america-layoffs-technology-quants.

Bystander intervention Chicago training

Another propaganda piece by the combined efforts of the bank and the city of Chicago to push gender ideology and DEI, then pushing it off as a matter of ethics that everyone needs to buy into. The people claiming they are victims are the BULLIES. — read more 

Medical My Work

has anyone who is part of medical my work had any success applying for new roles and getting the job? or are you placed permanently in that dept that initially accommodated you

Merrill Edge

Just curious if anyone feels the same way. Is the bank eventually looking to get rid of Merrill Edge? The processes and procedures seem so archaic. And then they have replaced so many licensed associates with unlicensed contractors. If you call... — read more 

Scared

How true is the requirement to move to 5 days in office starting January 2025? Or is it just a rumor? I can’t afford to commute 5 days a week from ct to ny. If it’s true, I’ll have to start looking for a new job. Looking for facts not hearsay or... — read more 

New Badges?

What happened to the new badge that they were supposed to roll out in March? Rumor was it was going to cut down on swiping and leaving. Did that project lose funding?

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| 1760 views | | 8 replies (last September 5, 2024)
Post ID: @OP+1tV73nxC

Charlotte Uptown has no parking

Currently, there is a 2 to 3-year wait for local parking at some building locations. I guess banks make you pay to work for them. General parking is $20 a day. You are forced back into a working situation that you don't want. That doesn't sound very... — read more 

Personal Days

Ok so I’m genuinely curious, how do you all use personal days? I use them as additional time off and every other person I talk to does the same. I was told today by my boss that you cannot use them as vacation days, cannot take them consecutively and... — read more 

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