Over the past two years, soaring inflation has eroded household budgets while Bank of America held salary increases well below cost of living gains, leaving real wages stagnant as unemployment ticks up to its highest level in over two years; at the... — read more
Annual Benefits Enrollment
Since it seems to be that time already. which plan carrier do you guys have and or are you switching or keeping your current. Dental Premiums are also going up so I'm interested to see what that will be. I have the PPO since I'd rather pull my own... — read more
Don't expect grass to be that much greener
Corporate life can drain your enthusiasm, no matter where you're at. I joined from a small company and even there, the experience of cursing bosses and endless bureaucracy ki-ls your excitement. You’re basically always choosing between two unpleasant... — read more
Rumor: RTO 4 days p/week in 2026?
Has anyone heard anything credible about the bank forcing people back to the office 4 days per week starting in 2026?
JP
thoughts on JP Morgan's new HQ
Office chairs
Did any one attend the Ergonomics session last week? My office chair is nine years old. All of the broken chairs end up in the conference rooms.
Anyone miss Cathy Bessant?
So was so in touch with us; she understood our pain. I thought it was so awesome when she said "If you don't like it here, you can leave". Such poetry and compassion.
What would you give up to wfh all the time?
A pay cut? Loss of benefits? I have a few offers on the table paying less. Some have little to no benefits. The math says i should stay here but its hard to put a figure for savings on things like mental well being, commute, and not being exposed... — read more
Bank is 10 years behind trend on outsourcing
Outsourcing (especially to india) should be carefully deployed in the most low-impact areas of buisness. They shouldnt be taking credit card calls and they definitely shouldnt be involved in engineering. The only benefactor from this is todays bonus... — read more
A meeting about my current workstation
Anyone ever received a meeting request from a space partner regarding their current seat assignment?
Keeping quiet to stay safe
Speaking up about issues just makes things worse. People who try to raise concerns always end up with even more problems, and HR does nothing to help (anybody but the bank, of course). Nothing ever changes because everyone has learned to just stay... — read more
The brighter undergrads are not sticking around...
Lets face it, most of these new undergrads are awful. I dont know what happened to the education system over the past 10 years but these new hires are not taking notes and do not retain much. The best new hires as of late have actually, suprisingly... — read more
Any particular reason HR is doing this?
Offers requiring hiring manager approval are going through. But offers which require hiring manager + HR approval is getting held up by HR not approving 🤷.
Flagscape Article
An article came out about GBS and not a single US based associate was in this article. The future is clear and we'll soon be Bank of India
Jobs are even scarcer than I thought
I've learned the hard way that just because jobs are listed online doesn’t mean the company is actually hiring. Some postings feel more like window dressing than real opportunities. It wastes my time and achieves absolutely nothing. It's infuriating... — read more
Wall Street Journal today
WSJ had interesting article in the banking section about our new tec technology officer and the 13 billion dollar project for AI. I guess we can forget about any salary increase again!
Involuntary layoffs are not needed
If they offer severance, I think half of the workforce will volunteer at this point.
Do they monitor productivity on user systems?
Is it the same globally? Keylogger, mouse tracker, productivity monitoring?
The culture here feels suffocating
Does anybody else feel like you're being monitored nonstop? It could just be my micromanaging boss, but it's making me hate my job.
anything new
has anyone heard anything juicy recently.
Any word on re-org since Hari took over for Aditya?
I assume changes to Hari’s world are going to happen soon. Has anyone heard anything?
Maternity leave
What was tote experience with maternity leave? Did you take the additional unpaid 10 weeks? Was your role the same when you retuned?
ZERO internal mobility
I’m highly qualified and applied to over 31 jobs over the past year. I’ve tailored my resume and highlighted my achievements. It’s always the same rejection letter: I’m qualified but they went with someone else. Not even an interview! I remember when... — read more
What happened to take your child to work today?
This company pretends to be family friendly, but my building won’t let me bring my child in if he’s unable to go to daycare and we don’t have a bring your kid to work day. We don’t have a happy family work life balance it doesn’t exist here Bank of... — read more
Brian Moynihan on Face the Nation
Spilling drinks and spilling the tea. AI coming after more jobs.
CEOs are apparently really proud of all the layoffs - including BM
Bank of America CEO Brian Moynihan reminded investors this month that the company’s head count had fallen significantly under his tenure. He became chief executive in 2010, and the bank has steadily rolled out more technology throughout its... — read more
CTO walks out the door
Just got the email from Brian. Anybody have insight into why? I’m thinking it has something to do with Tom Scrivener. Every time I see those two guys together, there seems to be thinly veiled tension. Tom is an actor, Aditya seemed to have more... — read more
H1B
https://www.foxbusiness.com/media/jd-vance-calls-out-big-tech-firing-americans-while-hiring-cheap-foreign-h-1b-visa-replacements.amp
AI is a joke
Don’t believe me? Try activating a new phone on the cellular network your device is set to. Absolute torture
H1B and Green Card frauds
https://youtu.be/TCbFEgFajGU
Layoffs happened
Global Strategy & Enterprise Platforms laid off multiple teams yesterday. Absolutely a Sh*T show of those they kept. Leadership is just covering the people who kissed a-s the most. All the single parents who were living paycheck to paycheck are... — read more
Cutting workforce
Saw this on the PNC page... "This morning's Q2 calls were telling. BoA touted reducing their workforce by 89K and PNC opened by thanking all their employees. Looking forward to hearing our call on 7/17." By 89k what employees??? explain how that... — read more
A big beautiful layoffs is necessary at this bank
Red tapes everywhere. Incompetence is everywhere. This bank is going down.
Credit Card and Payment teams should get fired
So many production issues. The system and apps are so buggy.