Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Please give me the package

The only thing I hope for now is a package, so I can finally leave this place in peace and forget about this absolutely awful leadership. Unfortunately, I think that a poll would probably show that more than half of the employees think the same.

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| 2010 views | | 4 replies (last September 22, 2022)
Post ID: @OP+1iOS4oC8

This will be fun

https://www.reuters.com/business/finance/big-us-bank-ceos-be-grilled-by-congress-consumer-social-issues-2022-09-19/

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| 1780 views | | 5 replies (last October 12, 2022)
Post ID: @OP+1iNAeLdL

Job Cuts?

I heard on the news that Bank of America, along with JP Morgan Chase and other companies have announced job cuts. Does anyone know which jobs are being cut?

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| 2960 views | | 6 replies (last October 12, 2022)
Post ID: @OP+1iMtphbt

Glad I am out of there

I was so angry when I was laid off, especially considering they decided to keep the most incompetent person on our team, but honestly, today I’m so glad I was. It took finding a new job and settling in for a few months to realize how toxic my former... — read more 

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| 2030 views | | 5 replies (last September 26, 2022)
Post ID: @OP+1iLvIcC7

Constantly hurting the morale of the best and most loyal

My mistake is that I didn't leave here long ago, but this place used to be much different. Someone asked an excellent question - is it the incompetence or is BoA intentionally hurting the morale of the best and most loyal?

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| 2120 views | | 8 replies (last September 29, 2022)
Post ID: @OP+1iKZmtnI

Egomaniac manager

You must know the type: he or she is always right, no matter what. It doesn't matter if their "solution" will harm the bank and/or the client, they'll do their thing because nobody can be smarter than they are. How the he-l do you deal with a manager... — read more 

Sabbatical Announcement

Am I reading the announcement correctly that unless you exactly hit one of the milestone anniversaries in the year 2023 no matter if you have already passed the 15, 20, 15 year mark, you have to wait until you actually hit the next milestone to be... — read more 

Wells Fargo is forming a Union, we should too!

Employees from Wells Fargo are in the process of forming a union. This is huge news since banks are notoriously anti-union and like all corporations would rather spend millions in lawsuits than succumbing to workers’ requests. If they are... — read more 

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| 1940 views | | 12 replies (last September 30, 2022)
Post ID: @OP+1iIzFm8Z

Laying off employees soon after hiring them

I was hired four months ago. I left a decent job for better pay and a chance of progression. Now I learned that Bank of America is known for laying off people who have been here less than a year. Is this true? How worried should I be? If I had known... — read more 

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| 2500 views | | 6 replies (last September 12, 2022)
Post ID: @OP+1iFUPa80

Working two full-time jobs during WFH

I need people to be honest with me, please. Did you manage to balance two jobs while working from home? Several people have called me crazy for not taking the opportunity while we were on full WFH to do another full-time job and I think they're full... — read more 

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| 2570 views | | 14 replies (last September 13, 2022)
Post ID: @OP+1iDTqx5I

This place ki---d my drive

No matter what I do there's always something they'll find to complain about. I've been busting my a-s for this place just to be met with expectations to do more. It's never enough. Well, I no longer care. If you can't satisfy somebody when you know... — read more 

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| 1630 views | | 7 replies (last September 9, 2022)
Post ID: @OP+1iBMjeLo

Just leaving this here

Sept 6 (Reuters) - Bank of America Corp (BAC.N) will outline flexible working standards over the next six to eight weeks that will adapt to changing conditions, Chief Executive Brian Moynihan said during a New York industry conference on... — read more 

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| 3190 views | | 12 replies (last September 17, 2022)
Post ID: @OP+1iAIy0E5

Early retirement packages?

My friend at a large company was offered a package to leave as were others. I remember back in 2005? The back offered this. What do you think the odds of that are now. We seem to have an unbalanced group over 40 vs under. Just curious on peoples... — read more 

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| 2040 views | | 7 replies (last September 9, 2022)
Post ID: @OP+1iAjcvx1

Does Anybody Know???

I just had a short term disability claim decision changed by Sedgwick from "denied" to "approved". This is after months of them arguing with my various doctors. Now I have been told that I will get back pay for about 20 weeks. Does anyone know if... — read more 

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| 1740 views | | 4 replies (last September 3, 2022)
Post ID: @OP+1iv7Om9x

What do I gain for being a band 4 versus 5?

Hello - aside from a potential pay increase, what else do I gain if I move to a band 4? I think I get an extra week of severance for each year of service should that ever happen. What else changes?

Layoff Before Q3 Ends for Better Earning Result

Q3 almost ends, now it is time for management to trim headcount and to cut cost. Our Operating Revenue / Front Office Full Time Staff is lower compare to peers. Many of middle managers are toxic to business. Global markets must deal firmly with the... — read more 

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| 1830 views | | 5 replies (last September 6, 2022)
Post ID: @OP+1ivyXcwR

Just to recap…

“We reviewed compensation and opted to give your hard earned money to the people who are entry level and provide basic services vs the top level associates whose work actually has direct impact on the organization.” Always a nice slap in the face... — read more 

Quiet quitting

I know this is the new phrase of the month or whatever but I think some of you are misunderstanding its meaning and taking things too far. The point of quiet quitting is to do your job and just your job. It's not to do barely anything the whole day... — read more 

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| 2080 views | | 8 replies (last September 29, 2022)
Post ID: @OP+1ivIb41t

Employee Satisfaction Survey Is A Joke!!!!

They pretend they care about ESAT result. They don’t. Managers with bad reviews still stay and wasting bank’s company, corrupting our culture, and playing politics. If management take ESAT seriously, they need to layoff managers with bad ESAT... — read more 

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| 1690 views | | 4 replies (last September 29, 2022)
Post ID: @OP+1iupVHPy

Time tracking

So if they’re going to track when employees log in and out for the day with the newest micro-managing tracking platform, why don’t they just log hours for them!? I mean, if you don’t trust employees, at least save them the hassle of logging in to... — read more 

Insurance premiums widdle away at our income

For the 11th year in a row no increase for the lowest earners but anyone above 50k has their earnings reduced AGAIN. Man, compounding costs while keeping pay the same HURTS.

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| 1520 views | | 5 replies (last September 2, 2022)
Post ID: @OP+1it5ISvl

The biggest reasons for leaving?

I will leave this place exclusively because of the manager. I believe that if you were to make a list of the biggest and most frequent reasons why employees leave, bad managers would be at the top of that list.

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| 1570 views | | 6 replies (last September 12, 2022)
Post ID: @OP+1isCKNFx

2 Week Notice?

Anyone put in their 2 week notice lately? Is BOA honoring that, or are they being a holes and telling you to let that be your last day?

New System

So we got this new system that went live this past Monday 8-22. It was created for front line collectors but before making sure it worked for every department including all Specialty Units they went live and guess what the Specialty Departments lost... — read more 

Military spouse MyWork?!

I’ve been with the bank for just over ten years now. My husband was recently given orders to PCS to another state, nowhere near a bank office. What are the odds they’ll move me to MyWork without much hassle? I’m already working from home with a... — read more 

B4 Business Control Manager

Does anyone have experience or knowledge on estimated $ range for a B4 Business Control Manager in GO?

Where is buyback money?

Bank of America announced a big buyback, but where does money come from? Consider Global Markets still need to pay a lot of expensive external hired middle level managers just bullsht

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| 1040 views | | 1 reply (August 25, 2022)
Post ID: @OP+1ioYe927

Some positive news, for a change

Bank of America tops goal for veterans hiring Bank of America said it hired 2,600 military veterans this year on top of a five-year goal to add 10,000. The additions mean a 24 percent increase in representation of veterans at the bank, according... — read more 

Collaboration in the office

Of course, collaboration is important, but I don't think that collaboration is much better when people are sitting tired and frustrated in the office. What is the collaboration like on your team when you are in the office? I don't notice any... — read more 

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