Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

GT&O - MyWork

If you work for GT&O - MyWork does not exist. You know, we cannot collaborate unless we are sitting in the office with each other, except of course, for the 50,000 off-shore employees. Somehow, we can collaborate just fine with them over the... — read more 

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| 1581 views | | 2 replies (last March 11, 2016)
Post ID: @OP+GiFcqh2

Is all of BAC going to be affected by layoffs

I do not work for the bank, my wife does. She's on the mortgage side and she thinks she may be affected. I see a lot of people visit here and there is a lot of people who are not happy. Are the layoffs affecting only the mortgage side or is this... — read more 

Good Luck to everyone this Tuesday 3/8!

I hope those that want to be laid off are on the list for severance and those that want to stick it out keep them. While this Termination Tuesday will be bad, rumors are June will be much worse...some areas will be cutting 100+ positions per BM's... — read more 

Bank of America headcount

Reductions continue: http://www.wbtv.com/story/31400008/bank-of-america-headcount-almost-down-to-07-levels

Working from Home Office

There are many managers who work from a "home office" and live in another city far away from Charlotte. If you look these people up on Flagscape it shows them being in Charlotte. If BAC is doing away with My Work and is requiring folks to come into... — read more 

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| 1360 views | | 1 reply (March 6, 2016)
Post ID: @OP+GgFWSL9

Band 4 and 5

They don't want any 4s reporting to 4s? Anything regarding 5s? What will they do if a 4 only has 1 or 2 directs?

Whatever happened to management leading by example?

This makes me so friggin sick to hear and see people being given an ultimatum to work in a F@#%ing office who live more than an hour away to either select between a office that is located in a damn enitrely different state other than where they... — read more 

Firings/hirings

BoA upping car loans. Here's your chance to change depts : http://www.cnbc.com/2016/03/03/bank-of-america-revs-up-auto-loans-business-despite-warning-signs.html

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| 880 views | | no replies yet
Post ID: @OP+Ges8eqe

severance negotiable?

To all the HR folks...is money paid in BOA Severance package negotiable?

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| 2240 views | | 8 replies (last March 22, 2016)
Post ID: @OP+Ge3KYPj

Cuts ahead (Investment Banking)

This is from the Business Insider: Bank of America is preparing for significant job cuts across its global banking and markets business, according to people with knowledge of the matter. Senior executives in the division were tasked with identifying... — read more 

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| 2171 views | | 1 reply (March 2, 2016)
Post ID: @OP+GdWvjwf

Back to Office mandate

I'm hearing GTO will soon require all remaining MyWork employees to start working from an IT office as a condition of employment. Anyone else hearing anything?

HR meeting for ALL employees Wed March 2nd - layoffs?

Big HR (GL) meeting for employees across departments. What are u hearing? layoffs? Employees told to reschedule all meetings and attend must meeting on Wed. Any insight would be great for all. Thanks!

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| 2470 views | | 7 replies (last March 1, 2016)
Post ID: @OP+GbIU5Xo

More power to Trump, the unprotected, and the bottom 99%

More power to Trump, the unprotected, and the bottom 99% Trump and the Rise of the Unprotected Why political professionals are struggling to make sense of the world they created. What is happening in American politics will happen across America in... — read more 

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| 1930 views | | 14 replies (last March 3, 2016)
Post ID: @OP+G9jnb5Q

March 15th Layoff - Now March 8th

Tuesday, March 8 is the next round of large layoffs, affecting GT&O. This will most likely replace the one on the 15th, but as of yet unconfirmed. Addison and Plano will be hit hard.

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| 3250 views | | 6 replies (last March 2, 2016)
Post ID: @OP+G8h2mLb

BAC Corporate Office Layoffs

‘small number’ of jobs in Charlotte affected - http://www.bizjournals.com/charlotte/blog/bank_notes/2016/02/more-layoffs-at-bank-of-america-small-number-of.html

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| 1290 views | | 1 reply (March 2, 2016)
Post ID: @OP+G73R4DO

Draconian cuts

Seems a stretch to associate leadership's 'hack associates with gusto campaign' to any economic or market forces. These draconian cuts aren't aligned to any other force except the senior leadership team's desire to cut as as large headcount as they... — read more 

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| 1532 views | | 1 reply (February 25, 2016)
Post ID: @OP+G71vpkg

Disgusted with the Cheapskates who Run our Bank

Well, now we know how the Bank is going to pay for Moynihan's 23% pay raise, right? I guess the famous "headwinds" that executives like to tell us about so we don't expect any pay raises don't apply to those same execs. Laughter and toasts all around... — read more 

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| 1024 views | | no replies yet
Post ID: @OP+G7LucRW

The morale is horrible right now

Layoffs in marketing today across the board/ geography. At least five let go at Beach St including a Band 5 manager in presale foreclosure. The morale at Beach St is terrible...no one interested in giving 100% anymore. If the bank wants to pay me to... — read more 

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| 1810 views | | 3 replies (last February 25, 2016)
Post ID: @OP+G6BuvWq

BofA March 15 2016 Layoff

I have been hearing that a big hit will happen on 3/15/2016 – at least on the mortgage side. They plan (still a rumor) to keep laying people off through the end of 2016, it’ll be a monthly process, planned and managed, with cuts happening every last... — read more 

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| 3150 views | | 5 replies (last March 29, 2016)
Post ID: @OP+G6KXMX7

Layoffs

Has anyone heard of any layoffs in Boston? I cant believe we havent been hit, but so far...no word.

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| 1100 views | | 1 reply (February 25, 2016)
Post ID: @OP+G6NBK97

New Opportunities

We want to take this opportunity to thank those teammates who are moving on to new opportunities for the work they have done for Servicing Operations. We with them the best of luck in their future endeavors. F you, Berens -- Hope you an Meola choke... — read more 

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| 2343 views | | 1 reply (February 22, 2016)
Post ID: @OP+G49x7AU

Bank of America CEO Brian Moynihan got a 23% raise. Bank of America's share price dropped nearly 6% over the course of 2015. The S&P 500, by com

Bank of America CEO Brian Moynihan got a 23% raise. Bank of America's share price dropped nearly 6% over the course of 2015. The S&P 500, by comparison, dropped 3.5%. The lower the stock goes, the higher his compensation raise.

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| 1060 views | | 3 replies (last February 29, 2016)
Post ID: @OP+FVTo59T

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