Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

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!

by
| 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 

by
| 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 

Nobody should be surprised by the latest reports

If you didn't realize by now that the bank treats employees like an expense instead of an investment, then it's on you. If you're an expense, then they'll do anything in their power to minimize that expense. Benefit cuts, lack of bonuses, overworking... — read more 

Survey results????

So I know for sure BM said during the Town Hall that we should be hearing Results soon, but that was almost 2 weeks ago, so clearly this is in need of some spin. Anyway looking forward to how they word all this and make it seem like this is all great... — read more 

by
| 1276 views | | 1 reply (August 1, 2022)
Post ID: @OP+1i0gXR3d

NeuroDiversity and Exclusion

Front page of flagscape, an 18 page pdf talking highly about diversity and inclusion and treating neurodiverse employees with respect and admiration, later in the same day I’m yelled at that I need to be more like other people to ever be respected or... — read more 

NYC to Charlotte

Anyone got transferred or was relocated from NYC office to Charlotte? What was the major difference between the two? Better? Worse? Was it worth it?

Technology Tracking

Can this non permitted/outdated technology program get any more cr---y and convoluted? No progress, no improvement, no better Outlook.

Still can’t admit the truth

So… clearly the bank is having trouble admitting the truth to employees regarding the results of the flexibility survey. They can kiss my a-s when they want me to enter volunteer hours or take any other surveys. If they think we’ve forgotten, they’re... — read more 

Back ground checks

Any internal associates have any experience going thru the BOA background check.

Band 6 to band 5

Anyone know what should be expected as far as pay coming from a band 6 to 5? I want to also add I will be losing my shift differential which is 8%. Will it be worth it and are there ways to counteroffer if the increase is low?

Start a new thread - post a news comment, question or message:

: