Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Anyone negotiate WFH?

I got a job offer at BOA. Currently 3 days in office at my current company but want to be full remote. Anyone have any luck in the negotiation process negotiating full time WFH?

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| 2000 views | | 9 replies (last September 12, 2022)
Post ID: @OP+1inXMSBm

Global Markets Need To Cut Cost!!!!!!!

In past 2 years, global markets hired too many middle level manager from outside. Many of these Directors were not able to demonstrate their values. Senior management should let go external hired directors who just bullsht and promote juniors who... — read more 

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| 1121 views | | 1 reply (August 24, 2022)
Post ID: @OP+1in94GiY

RTO is a joke

I keep hearing that it's necessary because of collaboration and being a part of a team, but most times while I'm there, there are only a few of us present. In some cases, when I had to go in on a Friday, I was the only one there! Their excuses for... — read more 

Start with GTO

GTO is a mess. People are significantly over paid and very light on workload and knowledge. They hired a lot of people recently but not employees with the right background. They get a budget and spend it all. They need to do massive cuts in that... — read more 

Don't ruin your health over a worthless company

Bank of America has proven many times over how little it cares about us. I think it's time we return the favor. Take your breaks. Stop working at your scheduled time. Take your sick days. Every time they need you to do something extra, find yourself... — read more 

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| 1760 views | | 7 replies (last September 5, 2022)
Post ID: @OP+1ilKm7vo

What’s up with Enact???

Why are they blowing me up all of a sudden? They realize it’s nearly 11pm on the weekend, don’t they! Wow- rude and pretty disrespectful.

Stop with the ENACT calls on my Sunday!

Seriously!?! They’re calling me to run the latest update on my mobile phone at 10:30 at night on a Sunday!?!? WTF?!?!!? And it’s so ridiculous that the automated voice message says they “notified me many times” when they have not!! Do they think I’m... — read more 

I keep hoping for layoffs

I'm sorry, I know that might sound insensitive, but it's the truth. I keep hoping and praying for layoffs and that I'll be among those who are affected. I hate RTO more than I can say even though I only show up two days a week, max. It reminds me of... — read more 

How to avoid layoffs the BofA way

Force RTO for ridiculous reasons like "you need to be together to collaborate" even when all members of the team are in different cities. Claim to have an environmental impact by offering a few dollars off an electric car while at the same time... — read more 

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| 1620 views | | 1 reply (August 20, 2022)
Post ID: @OP+1ijzTHPa

Don't expect layoffs

There was a town hall call beginning of August that had our venerable CEO talk about (of all things), both the WFH and EE Survey. While there was nothing of actual substance from that call, he did talk about new hires. BofA hired 7k NEW associates... — read more 

Office sucks

Praying for a severance package so I can bounce. Until then, wasting the company’s time since they decided to waste mine :) nice cubicle farm btw!

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| 1090 views | | no replies yet
Post ID: @OP+1ihgBgnE

Brazil Office

Anybody been to the Brazil office? I hear it is dangerous down there

Management

So Gordon Miiler has left the bank. What is the deal?

There is no ideal workplace

Those who leave here tend to excessively criticize this place, while at the same time idealizing the new workplace. The truth is always somewhere in the middle. I do not believe that there are ideal workplaces. It all depends on one's priorities... — read more 

Quitting after maternity leave. Question for HR

Hi just wanted some input on this... long story short, I took 4 months paid maternity leave and just started the 10 week unpaid portion. I plan to come back after the 10 weeks is up but only to give 2 week notice, work those 2 weeks and that is it. I... — read more 

BofA is stuck in the past

BofA is stuck in the past in many ways. But what are the reasons for that? Incompetence of our leadership? No vision? Too much risk in changing some things? But what interests me the most is whether you think that BofA is stuck in the past much... — read more 

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| 1220 views | | 1 reply (August 16, 2022)
Post ID: @OP+1ie19wV6

Gallery of malcontents

For any new prospective employees, you should realize the only people who come to this website are the ones who have been laid off. Take everything they say with a grain of salt.

No point in being in the office

Every time I step into the office, I wonder what's the point of coming here. I ask myself constantly and I have no answer to that. Totally unnecessary. I think that will be decisive in my decision to leave. My job does not require being at the... — read more 

Getting out of hand

Anyone from HR reading this? I ask since I'm truly interested in knowing and understanding if the bank ever looks at a request to promote someone and go, wait, no, they clearly don't meet the baseline requirements. Or once the request to promote... — read more 

"Courtesy Bonus" after 6 Months Short Term Disability

Co-worker returned from short term disability in July after being out since January, essentially 6 months. She is already worrying about how much bonus she will get in February 2023. To my knowledge those decisions are made in October. However... — read more 

Prospective Employee: Thoughts on Charlotte

As the title says, have two job offers one for BOA in Charlotte and the other from another smaller bank closer to my hometown. What are your thoughts on Charlotte? How is the commute? Is it a good career move? Are there other finance jobs besides... — read more 

Additional responsibilities

There are more and more daily tasks that do not fit into the original job description I was hired to do. What is your experience with that? How many responsibilities do you have that fall well outside the realm of your original role?

There are too many reasons to leave

Almost everyone I know who left is now paid much more. However, raise is certainly one of the most common reasons why employees leave this place but it is not the only one. If an analysis was made of all the reasons why people leave BofA, I believe... — read more 

B3 Tech outlook

Saw a B1 presentation in GTO talking about B3 strategy....next tranche of cost saving....if you are an inefficient B3 that isn't having your team execute cleanly and handle init $ efficiently, look out. Base funding going poof. Make sure the... — read more 

Ugly feeling

I hate myself for not leaving sooner. Do you also feel like your abilities and expertise are just being wasted here?

Deep regrets on leaving the company

I left BoA after a number of years as a band 5 VP because the pay was not competitive with the industry as far as I can tell. Recently however, I see BoA salaries have not only caught up but leads the pack. Median salaries for VP comes in at 200k+... — read more 

Rewards for your hard work

Ice cream social on a Friday at 4 pm? Is this our talent retention strategy? I feel like I’m in kindergarten….

Change for the better

It is true that many things here should change for the better, but I do not have high hopes that this will happen. And yet, what change would you most like to see happen?

More and more people are hoping to be laid off

It used to be that the word "layoffs" instilled fear in every employee, but that hasn't been true for a while. These days it provides hope for so many of us who want to get out but can't do it without a safety net of severance. It would be funny if... — read more 

Is it worth working here?

I have an interview for a position at boa, and before doing interviews I like looking at the company pages on this site to get an idea on company morale. It seems to be pretty low at the moment due to RTO. Can someone give me the inside scoop on... — read more 

So many long time sufferers

I really don't understand those who haven't been able to find anything better for more than a year and in the meantime keep making complaints and spreading negative energy. Maybe this will sound rude and I will probably get downvotes, but how is it... — read more 

no remote options

It’s been proven my department can work 100% remote, yet we’re not offered any flexibility. All time has to be done in office and our laptops are locked to our desks. Sign up for a 10hr shift/4days a week? You can’t Flex Time at all. I can’t move 5... — read more 

Ashamed to work here

What kind of an immoral company and people do all of us work for? Delighting and hoping for people's misery? Just to be able to make more money on top of all they're already making? I hate the fact that it's my work that makes people like that rich... — read more 

Leaked memo

Leaked Bank of America Memo: “We Hope” Conditions for American Workers Will Get Worse The financial behemoth privately fears that regular people have too much leverage. Ken Klippenstein, Jon Schwarz A Bank of America executive stated that “we... — read more 

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