Thread regarding Bank of America layoffs

Applicants Declining Job Offers Due to No WFH / No Hybrid

Mortgage area desperately needs Fulfillment and Underwriters, current hiring mandate of 200+. Cannot fill these roles. Applicants are declining by the dozens daily due to no WFH / no Hybrid options at BAC. The same reason is being given over and again, but our "posture remains that we are an in office company". In reality, it is unlikely that any hybrid option ever launched would be allowed for these roles as they touch customer information. That alone would be enough to exclude these jobs. But when people are repeatedly declining job offers due to no flexibility that should send a pretty strong message to your company. WRONG.

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Post ID: @OP+1dJh1fGn

7 replies (most recent on top)

I told my coworkers months ago that at some point BoA will be forced to adopt a more flexible “posture”… not because of current employees but because the new norm is WFH/Hybrid, so new talent is going to expect that or go somewhere else.

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Post ID: @1fvw+1dJh1fGn

Most customer facing/private side roles just worked from home for over 18 months just fine. Other banks allow these types of roles to be remote. Matter of fact, BOA is the only bank that doesn’t. Good luck getting any talent for any role with their “posture”. Never mind retaining talent. They’re going to have to cave at some point because this isn’t sustainable.

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Post ID: @1ocj+1dJh1fGn

20% of our team of ~90 is vacant and not really getting filled. The bureaucracy and convoluted processes have led to dissatisfaction of existing staff. There are so many meaningless hurdles to get anything accomplished, and people are not fulfilled with what does get done.

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Post ID: @1rka+1dJh1fGn

I’m considering leaving to either get my mba or to find a new employer where WFH isn’t looked down upon as the ultimate sin.

If they’re not keeping up with the times and are willing to lose talent, that’s on them. The numbers have spoken for themselves. Productivity and work satisfaction is high when we’re given more flexibility.

The cat is out of the bag, but they’re trying to shove it back in.

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Post ID: @1slr+1dJh1fGn

OP. I’m there with you. Those were retained are beginning to drop like flies.

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Post ID: @1hkx+1dJh1fGn

This company is still using mainframe applications. It will take them decades to only still be decades behind 2021. Couple that with 1990s management mentality where outsourcing is still a strategy.

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Post ID: @1rcv+1dJh1fGn

I told you people on several posts that this company is azz backwards and has incompetent leadership. BOA really believes they can hire new people to work in the office and continue with business as usual. The CEO of this company is a fuhking mo--n or has no common sense. It is anazing how highly educated mofos that run companies have no fuhking clue.

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Post ID: @1ctz+1dJh1fGn

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