Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Trying to steer clear of workplace drama

Got any tips for dodging gossip and steering clear of all the office drama? I’ve tried ignoring it or walking away when people drag me into their stuff, but it hasn’t worked. I’d prefer not to come off as rude, but right now, that feels like my only... — read more 

PB vs Merrill

What is going on in the PB? We have lost a ton of people with years of experience and there seems to be no real strategy. How long until they consolidate it with Merrill because they can do pretty much everything we do and earn a lot more... — read more 

Salary employees

Those of you that are salary do you work your schedule 8 hours everyday and only take your normal lunch and 15 min breaks? I know getting time off is much easier now I don't have to ask or tell them why but I notice my co workers log on and off... — read more 

At what level do referals even work?

I have been referring some old coworkers, and none of them are even getting interviews, and they are smart guys. I want that referral bonus at some point. Are AVP and the below referrals worthless?

I'm not sure what's worse

Unprofessional higher-ups or rude coworkers. It's like there are two rules when promoting and hiring. For the first, you have to be incompetent but a yes-man/yes-woman. For the second, you have to be an a--hole to fit in with the toxic atmosphere... — read more 

Sabbatical then retirement?

Just learned I will be eligible for sabbatical in the same year I am planning to retire, any one know how that works? Any strings attached by taking sabbatical to have to stay longer? (40 years, so I'd really want to take it before I go since I will... — read more 

Layoffs

How many have been affected by the layoffs they started this week? I am in Jacksonville and have multiple coworkers who have been laid off, and I've been made aware of close to a dozen in Simi Valley and West Lake. Did anyone see this coming?

Avoid BofA if you value your sanity

At BofA, you’re just a number, no matter how hard you work. The company doesn’t give a damn about you and profits always come first. Depending on who your manager is, you might have zero work-life balance. You will hear the higher-ups claim they care... — read more 

Monitoring

I’ve recently seen some comments on here about bank monitoring work and what is going on. Here is what I will say, they are now tracking individual teams to see what they are doing on their day to day. They say it’s for automation and to see what... — read more 

From FIG FinTech to TMT

https://nypost.com/2024/10/21/business/boss-of-bank-of-america-worker-who-died-after-logging-100-hour-weeks-loses-oversight-of-lucrative-unit/

MyWork accommodation with direct reports

I have a legit medical accommodation that I had to go through the proper channels to obtain. I have been told that I cannot be promoted or have people reporting to me. Sounds bogus to me as I see others on the old MyWork (with no medical... — read more 

We Can Deliver

I guess the bank doesn’t care about the we can delivery program anymore? In the past, I’ve seen so much praise for peers who submit a referral, but when I submitted one recently and the individual actually opened a credit card, I didn’t hear peep... — read more 

ZERO Internal Mobility

There is so much nepotism here. The job description does not match the interview questions, you can be super qualified and your resume and experience matches the job description and more. You can have glowing letters of recommendation from current... — read more 

Wells causes workers problems over union bid

https://enewspaper.latimes.com/desktop/latimes/default.aspx?pubid=50435180-e58e-48b5-8e0c-236bf740270e&_gl=11ulhcle_gcl_au*MTIzOTE2NDE2My4xNzI3ODc4MDUw

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I’m an apprentice. The bank pays my bills / insurance. Am I likely to not get the role just like contractors?

Hi all. I’m an apprentice with a year long contract. The bank pays my bills and I have insurance through them. Just curious because I see contractors don’t get renewed, is that likely for me as well? I assume I have a better chance than contractors... — read more 

job codes

I am soon going to accept a new internal role (currently B4 Business Support Manager II) which is being created for me. Which job code pays best/how can I tell which job code to accept? Possibilities I expect to see are: Business Control... — read more 

FOBs allowed bad behavior

FOB = Friend of Brian - known HR term for untouchables. Other noticed this? I feel like it has gotten worse than it has ever been in the past.

Small business layoffs

Following the announcements this week a large group from small business/business banking didn’t have a seat and were put on 30 day job search

WFH Accomodation.

I need to temporarily work remote to assist my spouse as her mother is going into hospice care in FL. Would I be likely to get a temporary accommodation for this? I don’t want to go on ST Leave and I don’t think this is covered under FMLA. Not... — read more 

Managers on MyWork

Help make sense of this...How can Brian and Stooges make employees return to office when you have managers that are still on MyWork? I don't understand how a Mywork Manager can be responsible of enforcing RTO to their direct reports when their A$$... — read more 

Manager

Wondering how many work in an office with their manager/team.

Bank of America Trending Today ONCE again ...TECHNOLOGY issue. Online banking App and Browser Outage reported today

CNN and other media sites have reported thousands of customers tried to log into online banking via the app and web browser and noticed zero balances, not all of their accounts showed, etc. Is Aditya preparing to make this Bank of Bhasin opposed to... — read more 

Technology Broken

The post from 5 days ago spells it out. https://www.thelayoff.com/t/1uCVmgbE

How?

I’m new to the bank and have been working here for about four weeks but I noticed some team members are permanently working from home. How did they get that option?

Return to Office Accommodation

I was just told someone has an accommodation to work from home because she lives a good distance from the office. Does the company still offer this? If so, how far away do you need to live to get this accommodation?

Unofficially official update and more -

I have more information, and no - it is not good. First, as for the 5 day RTO, yes, it is still being discussed. The discussions are including morale, head count, space and how all these puzzles will fit together. Now I know just from reading here... — read more 

discrimination lawsuit

Has anyone ever sued the bank for discrimination? Or know someone who has? What was the outcome?

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Authenticator App Update

Did you all see that in Flagscape that a update will happen over the weekend? You now have to provide your location. Any thoughts?

Technolgy is breaking at BOFA

Lots of technical debt at the bank. Billions in upgrades needed. Leadership is legacy all 15 year plus... Most top talent has long gone or been pushed out.

Severance…

How does someone get offered severance at the bank? Is it two weeks of pay for every year worked, or is the package more generous?

Severance

Wondering if you are offered a severance package and accept, are you able to reapply in the future or does that end your time at BofA?

Branch Manager role

Considering a BM role for BoA- would appreciate any insights of the culture. Is there hefty sales goals pressure? I also noticed branch hours are 10-4, which is appealing as it’s better than most banking branch locations. Is the expectation 10-4 for... — read more 

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