Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Realignments

Are people still getting redeployed to other lines of businesses? If so, where are you coming from and going to?

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| 1240 views | | 4 replies (last January 19, 2024)
Post ID: @OP+1qBdcAOj

Censorship

Last post was deleted by TheLayoff.com. Didn’t use any swear words or insult anyone. Just mentioned the political bias in the B of A organization. This website shows itself as not an open forum, so don’t get confused.

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| 1423 views | | 4 replies (last January 18, 2024)
Post ID: @OP+1qA2eWB2

Discuss Bank of America Q4 2023 profit

As expected this shiit company earnings halve from a year ago. Does this mean all the so called shiit leaders still continue to milk large bonuses and pay pennies to hard working employees? almost It’s time for year end pay for performance... — read more 

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| 1900 views | | 8 replies (last January 17, 2024)
Post ID: @OP+1qxWLEaZ

Medical Accommodation

Has anyone gotten a lay off for going through a MA? Was just advised if after a couple months they cannot re-assign i will then be laid off.

Questions from HR: Not showing up 3 days a week

Manager approached me saying HR wanted reasons as to why I wasn’t in office 3x the week of Dec 4, Dec11, and Jan 2…. I guess they really want to start enforcing this policy now…

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| 2420 views | | 8 replies (last January 15, 2024)
Post ID: @OP+1qw0UB2t

Merit and Bonus Cuts again …

As a company we continue to say “record breaking profits and performance” and yet again duRing YE convo it’s “we will see minimal raises and cuts to bonuses” … this is like year 4 that we are hearing this. With this trend there will be no bonus or... — read more 

Shared success?

Has anyone heard if we are getting shared success rsu’s this year? I’m out and haven’t checked the old ball and chain email lately.

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| 2560 views | | 6 replies (last January 13, 2024)
Post ID: @OP+1qlxE9PD

Scaring us into quitting

Bank of America is trying to use fear to get people to quit and avoid paying us severance. Managers are allowed to bully and yell at employees and nobody does anything about it. We are being told people are being fired and we should be happy to have... — read more 

My Work

Anybody still old school Mywork. I heard HR is reviewing everybody one by one to decide if you should still be home or not.

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| 2240 views | | 8 replies (last January 1, 2024)
Post ID: @OP+1qaPfjuF

References

Ok, I have a question please. Back in the day we were told that bank employees can NOT provide reference letters to people for their resumes. We could only provide the phone number for HR to verify employment. Is that true today?

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| 2090 views | | 6 replies (last December 30, 2023)
Post ID: @OP+1q9PprCn

Hourly Employees....this is going to pi-5 you off!

Wondering if anyone else has heard of this happening; and if so, what market and LOB? An Admin was working from home and signed in at 7:10am, but entered his/her regular time of 7:30am into Workday. He/she literally got a call from HR that day to... — read more 

WFAnywhere

Some companies are telling associates they can work from anywhere the last 2 weeks of the year. Seems like BofA would follow suit since they like to brag about their “great” employee perks..

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| 1940 views | | 9 replies (last December 21, 2023)
Post ID: @OP+1q8YvHHc

Year End Survey

At year end 2023- how do feel about the survey going into 2024? How honest do you intend to be?

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| 1710 views | | 8 replies (last December 20, 2023)
Post ID: @OP+1q7sXKyH

Title promotions

Some people got both their band and title promotions the same year and we are told they don't normally do title and band together. Basically they can do anything if the manager wants it and HR have no consistency. I was denied a title promotion... — read more 

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| 1810 views | | 3 replies (last December 22, 2023)
Post ID: @OP+1q65FXe4

End of year bonus?

For us regular employees, will be be getting stocks again? Or is there any word about an actual paid out bonus like the old times? I know they have received a lot of feedback about the stocks being a poor choice so I wasn’t sure if anything else has... — read more 

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| 1941 views | | 1 reply (December 14, 2023)
Post ID: @OP+1q4s0tgT

Band Level Compensation Limit

Is anyone aware of the salary caps by Band Level (for non-revenue generating roles)? Preparing for 2024 comp conversations, thank you! :)

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| 2100 views | | 7 replies (last December 17, 2023)
Post ID: @OP+1q4gvrgc

Workplace Excellence Enforcement Officer

What team is the enforcement arm for RTO/workplace excellence? I would like to become an RTO enforcement officer or whatever they call themselves. I want to go to people's desks and write tickets for not hitting the 3 days. I'm picturing black suit... — read more 

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| 1690 views | | 6 replies (last December 21, 2023)
Post ID: @OP+1q3y8L8w

Use your sick time

It's a use it or lose it benefit Some LOBs may let some roll over to Q1 but who knows if they will cut folks Get your doctor's appointments in Enjoy the holidays with your family and let the worrying occur next year ✨️

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| 1240 views | | 3 replies (last December 14, 2023)
Post ID: @OP+1q3ME8l8

Badge Swipe Out Machines

I have heard a rumor that offices will soon be installing machines where you will need to swipe out with your badge to be able to leave the office. Supposedly, this is to track who is leaving early as they continue to crack down on who is/isn’t in... — read more 

Medical Accommodation

Has anyone gone through the medical accommodations process recently? Specifically for a mental health disorder (legitimate so please be nice) ? How was the process and what should I expect? I was approved last year but not sure if anything changed... — read more 

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| 1330 views | | 5 replies (last December 29, 2023)
Post ID: @OP+1q2LNfSD

GTS Title Promotions

Anyone have any idea when non MD title promotion will be announced? Feeling like I’ve been having this title promotion talk with my manager year or year and some excuse is made.

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| 1460 views | | 8 replies (last December 16, 2023)
Post ID: @OP+1q2z00Es

Banking collapse in 2024.

A repeat of 2008 is on the horizon. On July 5, 2022, the yield curve between the two-year and ten-year Treasury notes inverted, and it's stayed that way since then. The feds interest rate hike started on March 17, 2022 and was paused on July 26... — read more 

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| 2170 views | | 7 replies (last December 20, 2023)
Post ID: @OP+1q2fKCl6

Ops Analysts Team Manager Cuts

It was announced today that, nationwide, all Team Managers for the Operations Analysts have been eliminated and will be moved to Financial Center Managers. What a slap in the face. We were told that as non client-facing associates we are first on the... — read more 

Attrition / Deleted in Outlook

Has anyone seen any attrition after the Nov 27th deadline of complying with the 3 day return to work edict? I just saw my first email recipient marked as “Deleted”.

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| 2170 views | | 6 replies (last December 1, 2023)
Post ID: @OP+1pQJGwFD

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