I have now heard this term at least half dozen times in the last week. Two people I know are getting this. One is MyWork the other is not. There was a previous post about it, but did not answer several things Does anyone know if this will be... read more
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Topics regarding layoffs at Bank of America
People, look around you. You are all complaining about BoA, but every single bank is in similar or same situation. The entire sector is in crisis. If you are looking for job security, you'll have to look for a job in some other sector. You need to... read more
If you ran into your manager outside of work?
Are all call centers destined to be outsourced to India? The way they've been dropping like flies here, it certainly seems so to me.
Can anyone give me the dates (rumors of dates) of potential layoffs for the remaining of the year?
Has anybody here been promoted within Bank of America without knowing their manager privately or without being related to somebody higher up? If you have, can you share your secret please? I'm tired of being passed over in favor of people who barely... read more
Starting to hear rumblings about this coming to sites outside of Charlotte. Can anyone elaborate on what this is and how it impacts WFH, VPN time, etc.? I had never heard of this until recently. TIA
What kind of bundle products can we offer in order to make more $?
Those involved in IT and Software Development specifically the many projects that are being managed as Agile Projects with the Scrum as the main organizational tool, are especially susceptible the problem of "Technical Debt". It happens when... read more
Which bank is the best bank for drama queens?
I’ve also heard many My Work folks were given a date today to return to office - supposedly all of GT&O due in by 10/1.
Are they planning to layoff people in Jersey City?
manager per employee is high. needs a flat organization with less managers.
Bank should let go managers after reorganization
Wall St Wolfs not happy with BoA high overhead costs.
Don't know the specific date (Wednesdays usually) But i'm hearing another big round of layoff's across GT&O & digital banking group are coming by the end of this month.
Not sure if this was posted before, but Bank of America Wichita Falls location is closing. The financial center will be shuttered on October 30. Not sure how many are affected by this, but I wish them all the best... read more
what do managers bring to BAML? redundancy? efficiency? politics?
Will there be a continuation or are we done for now?
BOA is firing purchase teams across the country including Jacksonville Florida.
Anyone here rumors about mywork starting to return?
Some front office teams don’t work hard. They come late and leave early. They waste lots of time on coffee chats. They do not derserve their pay.
Ever since that new site came out thelayoff seems so boring
Have had three different people tell me about their job "reclassification" in which they are told their positions are being reclassified to "align to the market" and as a result their salary and band level are being reduced. This is a new one to me -... read more
H1B employees how was your severage packages?
The performance assessment is what is biased and is completely manipulated to achieve a "valid" layoff for "any" employee that a manager does not like or want any longer. The Performance Assessment is totally subjective and any objective metrics or... read more
less MD, more productivity
Old article worth reading... Sept. 9 — A 56-year-old Bank of America Corp. employee terminated in a reduction in force has no Age Discrimination in Employment Act claim because he can't show the employer's asserted performance-based reasons for... read more
What happens to our Pension Plan when we get laid off?
Wondering if the July RIF date will be the 18th or 25th. Usually the 3rd Wednesday of the month. Anyone know?
I will not .... Work an extra second of overtime. I will ... Use a different institution for my mortgage
Less managers, more bonuses
Why are there layoffs and new grads and interns at the bank?
You can help stop H1b abuse. It's rampant. Read below: Those who are effected please send your job details to @USCIS. H-1B Visa violations: Combating Fraud and Abuse in the H-1B Visa Program Reporting Suspected H-1B Fraud or Abuse We have established... read more
Using his methods we paid off all of our debt including our home. It took 7 years to accomplish on a strict budget (no vacation, no eating out, drive old cash bought cars, working a 2nd job) but now there is little worry about with being part of a... read more
https://www.google.com/url?q=https://promo.bankofamerica.com/erica/&sa=U&ved=0ahUKEwiCzcbuyeXbAhVl4YMKHdOPDREQFggLMAA&usg=AOvVaw1es1HCUoD7HTnAeqidrVRj... read more
1- Can you draw unemployment in NC during severance period? 2- Does Rule of 60 give any insurance benefits once severance is over?