Thread regarding Bank of America layoffs

No hybrid now?

Did Moynihan really say there’s too much risk for people to work from home? In my LOB, they had said we would be going hybrid we just have to wait for the survey and bank to move forward, and today we were told Brian said it’s too much risk for people to work from home. Anyone have any insight? They can’t be serious. With other banks going hybrid especially.

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Post ID: @OP+1gcJwoTC

11 replies (most recent on top)

I have this bad feeling about what's going to happen there. I left and moved my 401k out of there cause pretty soon they're gonna have no one left to work and so I needed to get my money out ASAP!!

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Post ID: @1zfo+1gcJwoTC

The survey was just a ploy to stop people from leaving. There are plenty of people leaving this bank for other banks and companies offering remote opportunities. To slow it down they sent out the fake survey and we all fell for it. We’ve worked from home for two years and we’ve worked responsibly. All of a sudden BM thinks it’s a risk. I mean if we’re such id--ts to not know how important it is to take our roles seriously then HR did an awful job hiring us or BM is just out of touch with reality. There’s a floor in building 3 on the South Side campus that was renovated a couple of years ago. A lot of money went into that with the commitment to redo all the floors in every building. They’ve already committed to that real estate Improvement and can’t go back on their decision. People on that floor sit right up against each other. There is no privacy or space between each other. It’s not a cubicle style renovation. They will never offer hybrid or remote. If remote or hybrid is what you’re looking for then post out. The job market is hot and you’ll probably find something. It may take some time but keep trying. Eventually we’ll all get out and then we can all go spread the word on social media how awful this company is.

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Post ID: @1nwe+1gcJwoTC

WFH is too risky because they don’t know who has eyes upon your home computer.

They can’t risk the liability of some sort of computer breach of information because someone leaves their computer on and someone who has no BoA affiliation or background check decides to snoop around on your computer looking at client files or confidential information.

Think, people. You will never get WFH.

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Post ID: @nkg+1gcJwoTC

Where did you hear this?

I am in an operations role, I am the only member of my team at a location. Doesn’t really make sense for me to go into the office. As I don’t have any physical Interaction with teammates as it virtual.

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Post ID: @plc+1gcJwoTC

It's called jerking people around. Risk must have pointed out to BM that no matter what these surveys say that hybrid cannot happen. This will just be the spin they use to decline it. BAC has way more risk than Citi, Chase, Wells, etc. NOT.

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Post ID: @jab+1gcJwoTC

Rewind the tape from the 2Q 2021 Earnings All Hands. Moynihan said once the majority of people were back in office, the company would look into hybrid options, further stating employees had concerns about long commutes. That was bull** then and the survey feels like bull** now. They should stop wasting time and if hybrid won't be supported, just be big enough to announce it. The problem is, there are already areas making their own hybrid. Because there are no rules, areas are making their own. This is their opportunity to step up and make hybrid happen. It won't and if it does, it will be a big mess because they won't want to acknowledge it so they won't put anything in writing or make any policy on it. Every area will be different. If we executed our work the way they are executing this = Does Not Meet. :(

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Post ID: @mfi+1gcJwoTC

I received my RTO notice this morning. The first paragraph of the memo contains a flat out lie. “Our major competitors have returned to the office.” eh, wrong.

This place cares 0 about employee retention, and sees no issue with continually lying to us at minion level.

I can only hope that there’s some light at the end of this tunnel for all of us. The pandemic changed the entire pace of the world. Ultimately, if they don’t wake up, they’ll be the ones paying the price. Not us.

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Post ID: @wuc+1gcJwoTC

The press has been real bad for BofA as of late.
I mean now we’ve moved on from cupcakes, onto lies.

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Post ID: @mvl+1gcJwoTC

Citibank, UBS, JP Morgan Chase, Wells Fargo, HSBC and more all announced hybrid.

https://www.nytimes.com/2022/04/04/business/wall-street-remote-work.html

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Post ID: @hwm+1gcJwoTC

Which banks are going hybrid?
I’m so confused, why even have us complete this survey and say that?

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Post ID: @cyp+1gcJwoTC

Where did you hear this?

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Post ID: @vzf+1gcJwoTC

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