- 19.21 - Bank of America has informed a number of USA employees that their positions have been eliminated. They have approximately 2 weeks to apply for positions within the bank. Since this just happened today, additional details are HR assistance to find a new position in the bank and severance package option.
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What is the success rate of getting hired internally at the same position as your salary?
Can you apply jobs internally ? ... do they seriously consider you after layoff or is it just a formality for applying jobs internally ? I applied for like 30 jobs ... they are being reviewed by managers.
I was eliminated on 4/16/21
multiple locations. i don't understand the locational specific questions. Layoffs are often strategic redundancy elimination exercises across functions or teams (and hence locations)
What location was involved in the layoffs?
I just got laid off in this wave of layoffs. Thanks for the heads up about the fine print.
Beware of headlines with no source links.
Read the Corporate Severance program. They can offer you a position with lower pay but you can decline and take the severance. If SVP's are offered a position that with up to a 10% salary reduction, they have to take it and do not get the severance option. If it is more than a 10% reduction, they can opt fir a severance.
I know a few who got l▯▯d off on 04/16/2021.
Be careful about looking for a new role. In layoffs previously If offered a new role at lower salary you may have to accept it or lose your severance. Read the fine print.
Looks like wrong date might have been given, but I can confirm the accuracy of the post.
Since it's only the 16th of April and the text is in the present tense, I don't buy this. There's a lot of disinformation here.