Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Climate change and RTO

BAC joining world leaders to address climate change but wants workers to go back to office full-time. Is it for a show only? I understand concern for businesses like restaurants, gas stations etc. affected by pandemic. The bank could have adopted... — read more 

Salary question

Do B4s make more than $200k in base salary in tech? What does a typical B3 get in base salary?

Stop doing all the work

I see so many people complaining about their workload being unmanageable. In reality, you're the ones who are allowing it to happen. If you keep doing everything that's been added to your plate without complaining or changing something (like dropping... — read more 

Gainfully employed by BAC

And yet I love to watch this implosion up close. Calls people just sound defeated, disinterested. In technology, people that love to innovate and build have been beaten down with an audit and governance stick. Also, alot of people in technology... — read more 

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Post ID: @OP+1dK47VAT

Bonus Question

Any managers in here that have entered bonus numbers yet? Curious what the YOY change was in bonus pool. Please list your general area too as I think different areas have different targets. Personally interested in GT&O numbers

Return to office date

Has anyone that just updated their info for the November deadline gotten a return to office date yet? I filled mine out that I’m fully vaccinated. I keep wondering when I will get the email to come back in. If anyone has any ideas please share... — read more 

Quick Poll (no RTO topics)

What area is the most inefficient and cost drag on BAC. Again, no RTO/Vax feedback, enough already with that

I'm tired of all of this

RTO or WFH, vaccine or no vaccine, covid, all the other fighting... I want the situation to go back to normal whatever the outcome. I want to know what is and what isn't happening and move on. I miss the days when layoffs were the only thing we had... — read more 

Let the fighting begin

https://thehill.com/policy/healthcare/580403-appeals-court-stays-biden-vaccine-mandate-for-businesses An appeals court ruled on Saturday to temporarily halt President Biden's coronavirus vaccine mandate for businesses with 100 employees or more... — read more 

I was so hopeful

I honestly thought things would change after the pandemic. The work from home makes so much sense and it was proven that it increases productivity while reducing costs (no need for as much office space.) I thought for sure the majority of companies... — read more 

Resignation email

Sharing a personal anecdote...After 12 years, I finally got to send out my paying goodbye to colleagues across the enterprise. Well wishes from 60% and phone calls from a handful, texts from a few along with some LinkedIn connections. Surprisingly... — read more 

Employees who do not want to get a booster

Someone has already asked in one of the posts but there was no answer, so since I am interested too, I am opening a new thread: Does anyone know what will happen to those who got two doses a long time ago (almost half a year ago), but still would not... — read more 

Danger pay

Anybody else have PTSD just from hearing the word BACI? I've been at BAC too long and have been conditioned that BACI instantly makes me hate life and why I ever went into technology. Taking over a BACI app in production...when you lift the hood... — read more 

Unrealistic expectations

I will understand if I get downvotes, but I do not agree with some who say that the bank sets unrealistic expectations. Maybe they didn’t work at the bank I used to work for so they could see what the unrealistic goals really were. On the other... — read more 

Retirement policy rule of 60

Is there a notice period to retire under the rule of 60? Will a bonus be paid if one retires at the end of the year?

Perhaps their approach to hiring is all wrong...

They really seem to have trouble filling new roles. Admittedly, they may not be in a hurry to fill some roles but they are very likely to have a lot of trouble doing so. It is difficult to find a good and cheap employee who will be ready to... — read more 

Layoff rumors?

Anybody in the know hear about pending layoffs? Kinda hoping to hold off for layoff rather than resign

Dev Feedback Plz

Anybody in dev here find the BAC HVDs and laptops pitiful for development? With all the BAC Spyware and controls installed, and the weak machines to start with...dev is super painful and slow.

What is your exit strategy?

I think there are very few of us who really like working here. I am almost certain that at this moment at BofA the majority of people want to go and are planning an exit strategy. There are many who took the vaccine just to give themselves a little... — read more 

Bonus payouts

Are dropping, if you are not in an exceeds category, expect a drop. Apparently the attrition strategy is not over yet....reduce bonus payouts, eliminate the middle tranche of employees (high performers get sorta paid, low performers stay, middle of... — read more 

They're unaware

Management is truly unaware of how many people are unhappy here (and I'm not talking about the mandate or any of that cr-p) and willing to walk away if they find a better option. One of our best employees quit two weeks ago and our manager has been... — read more 

BofA = Boomers of America

All interns or new comers. Stay clear of this rotten backwards places. It's a career ender. Nothing to learn. Unless you want to see your coworkers still use internet explorer. This place is a joke. Everyone is just clocking in hours and going... — read more 

RTO Updates and 2022

I don't want to sound alarmist, but last week has me believing the Bank is headed for some rough seas ahead. As of Friday only 67% of staff have reported their status in the Vax status tool. If you have not reported your status by end of Nov 1. a... — read more 

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