Thread regarding Bank of America layoffs

This RTO bombardment is very distracting and off putting

The whole propaganda spin is getting cringe and the push to haul azz to a useless office environment is going backwards. Every message I see on flagescape or email just makes me want to log off and tune out and lose interest in the job and company.

I can't be the only one in this position. It's very distracting!
The bank has missed a huge opportunity to embrace change and show that this is a place that cares for your health and mental well being.

Good luck to those whoever stay. I finally got fed up and started my job hunt!
11 years in this place and it's on a downhill slide from the day I started.

by Anonymous
| 1689 views | | 10 replies (last ) | Reply
Post ID: @OP+1dq9LBy5
Comment! It's anonymous!

10 replies (most recent on top)

@1vqu+1dq9LBy5

how could someone in FINANCE downvote that post?

People at BOA etc should know exactly what is up. Your comment was on point.

by Anonymous
| | Reply
Post ID: @3zaw+1dq9LBy5

Maybe the most prescient comment here.

I think you are referring to E-v-e-n-t-2-0-1 which took place on 10/18/2019, which was 31 days after the overnight repo rate increased to 10% on 9/17/2019.

31 days after the banking system was insolvent, the C19 preparations began, in public at least.

Very prescient observation...

by Anonymous
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Post ID: @1vqu+1dq9LBy5

@1ddp+1dq9LBy5

As long as BAC keeps playing ball with DC, the money printer never stops. BoA got liquified by repo's that started in September 2019.

Hey what else was it that occurred in Sept 2019? It escapes me. Seems like it was important to this storyline though....

by Anonymous
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Post ID: @1dlx+1dq9LBy5

I’ve been back in the office since 9/9. Haven’t seen any management from my LOB yet. Once office is back at capacity I suspect we will be paying to park.

by Anonymous
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Post ID: @1pxn+1dq9LBy5

I am not sure the bank executives are aware of how damaging it is going to be to lose so many people in such a short time due to RTO and their other "we know best for you" policies. I've heard they are having trouble replacing people - even with offshore workers. The offshore market has become more competitive and offshore workers are jumping to higher paying and more caring companies.

Less people means pressure to take shortcuts. Shortcuts mean:

  • Fines
  • OCC Consent Orders
  • Legal Actions
  • Stock price drops
  • Public reputation damage

Good Luck, BOA

by Anonymous
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Post ID: @1ddp+1dq9LBy5

They care about real estate holdings not the safety of their employees. Would love to see cb, sb, and bm sitting in an open floor plan. Oh wait, the air is sanitized in the ivory tower. Sad ineptitude is rewarded here.

by Bidenworstthandump
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Post ID: @1frc+1dq9LBy5

I share your sentiments. 12 years here and I’m going to escalate my job search.
Leadership here does not listen to their employees.

by Anonymous
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Post ID: @1evl+1dq9LBy5

Good riddance!

by Anonymous
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Post ID: @1buv+1dq9LBy5

I am very disappointed in BOA handling of the RTO. This company really doesn't give a damn about our health and safety. I don't care anymore about this company. I hear people on other post say they are going to layoff. At first I was worried and then I said for what? If I lost my job tomorrow from this shlithole, I wouldn't feel bad. I have no more energy or care for my job here. I am totally tuned out from this place. The ongoing incompetent leadership has drained me. The non-english speaking mofos they keep promoting has really unmotivated me.

by Anonymous
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Post ID: @ywq+1dq9LBy5

Same! I clock in and clock out. It's a paycheck since I returned to the office. At least 5 applications a day for the last two weeks. The odds here the bank will lose many good people, but they will survive. Barely is the new normal. This place will be a resume ki---r if it already isn't.

by Anonymous
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Post ID: @lxt+1dq9LBy5

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