Has anyone been called back to the office or know anyone who has been? If so, what state and what site?
How to survive in these times
Avoid all negative biases, especially those coming from Main Stream media, particularly political news. Get your news updates from a source on the internet that has just the headlines and not the negative spin that news organizations need to keep... — read more
Any Processing center folks here? CT or CA?
Now that our April/July peak is over — layoffs are lurking. They said not till December, but it feels sooner. Can anyone shed any light on this?
Be Careful Bankers
Start preparing.
Home Loans division
Lot hanging on them this year, hopefully a lot more competent than when the housing market crashed
Retrun to Work Email for Sept / Yet Covid is Surging
I live and work in Delaware. Positive Covid cases have started surging again. We are still in a phased opening, in Phase 2. Phase 3 was put on hold due to the surge. The recommendation per our state is to continue to allow telecommute, if... — read more
Work From Home Or Not?
https://news.efinancialcareers.com/uk-en/3004032/fabrizio-gallo-bank-of-america-traders
Retirement age plus years of service=60
Anyone retired using the above rule? Curious about the process and what it gets you.
Where do you guys see BAC let's say 12 months from now?
Better? Worse?
You can't be this naive
Are people really that naive to believe we'll have no layoffs any time soon? Did you not see the state of the economy? Did you not notice everything that's been going on around you for the past several months? Do you really think we'll be the only... — read more
Things are going back to normal
Getting harassed about the employee satisfaction survey
Closures
So if you have had no layoffs why are some of your banks closed.
Would you leave?
If another company offered you a comparable job during the pandemic, would you leave?
Chromebooks
Anyone else given one of these to work on? garbage hardware
Worker rights
How many lawsuits do you think will be filed for worker’s rights? Lawyers will be busy
Anyone see Brian “Mumblestein” Moynihan’s interview on CNBC?
Assuming you could understand what he was saying without having closed captioning turned on there was one statement that came in crystal clear. No layoffs THIS year. BofA and all the banks for that matter will be make up for lost ground in 2021... — read more
WFH
now that states are opening back up anyone hearing when we will return to the office
Forget the environment. Universal bathrooms is what matters
The strategy is paying off. Morgan Stanley just ruled out financing Arctic oil and gas development, becoming the fifth major U.S. bank to announce it will no longer support drilling in one of the fastest-warming places on the globe. That followed... — read more
Hearing that after we approved SFBs we accidentally asked for mod docs
and now we are forced to review people who sent in documents, creating way more work
How long do you stay on Bank of America's DO NOT HIRE list?
I was let go in 2015 in a restructuring move where the whole department was eliminated. I think we were listed as 'do not hire'. Do you know if this is something that expeires or are all of us blacklisted forever, meaning we'll never be able to go... — read more
Zero Layoffs in 2020
There will not be any layoffs in 2020...NONE! You can take that TO THE BANK!
Last three years BofA policy: no more Mywork or wfh. Everyone must come in the office. There is no reason for you to work remotely.
Mother Nature’s response: HOLD MY BEER!
Severance package for Bank of America (2020)
What's our current severance pay?
Monday All Hands Conference Call
Not sure what will be said but... Here is how I see things: the exec mgmt has to do something, to react as it relates to C19 zero interest rates hurt us, big time no people in the branches, no upsell or no sell working from home hard to... — read more
Four Banks to Defer Mortgage Payments
Wells Fargo, US Bank, Citi and JP Morgan Chase will defer mortgage payments for three months. State chartered banks and credit unions will offer similar deferrals. Newsom said everyone is eligible, regardless of how much money they make. He said... — read more
Mandatory conference call Monday, what's the topic?
Apparently there's a "all hands" conference call Monday that all financial center employees must be on. Any idea the topic?
Mandatory conference call Monday, what's the topic?
Apparently there's a "all hands" conference call Monday that all financial center employees must be on. Any idea the topic?
Layoffs, Hazard Pay, and what's next
Are layoffs decided by pay? Just found out that my peer makes $10k more than me and does less. How can HR let this happen? Also, what will the bank do for the people risking their lives in the branches after this is over? $200 extra a week in... — read more
Working From Home
How is everyone coping with working from home? I heard someone say that their manager told them that this is indefinite. I smell tons of layoffs is about to happen and what about MSP? Will it be another delay because I heard if it is the company... — read more
Early retirement packages should be offered immediately.
Older employees should be offered voluntary severance and/or early retirement package incentives.
Voluntary severance should be offered immediately.
Any contingency plans for layoffs should immediately be offered to employees willing to accept the severance package voluntarily. This seems to be a prudent step to quickly reducing expenses in this environment.
Coronavirus is a golden opportunity for BofA
https://www.linkedin.com/pulse/timing-next-financial-crisis-under-construction-dahn-shaulis/?trk=mp-author-card https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html
How toxic is the work culture at the bank?
On scale of 1 to 10 , 10 being most toxic like people working in Chernobyl and 1 being least toxic, how would you rate your department? I think gto is a 9. Toxic and stupidity everywhere .
Do the right thing
Layoffs will most likely happen in the next 60 days due to COVID-19. I'm not an insider, but that is my guess not just for BAC, but for most publicity traded companies. I hope the HR people at BAC, JP, and Wells who made the decision to pull... — read more