Thread regarding Bank of America layoffs

Be prepared for more layoffs

With profit down by 12 percent - significantly more than any of our competitors - we should expect to get news of layoffs very soon. There's no doubt in my mind that this leadership will try to prove they're on top of things by cutting more costs (which will translate to laying people off) since that's the only thing they know how to do. Be prepared.

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Post ID: @OP+1gk9p5TY

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Ahh...nice to see the troll back.

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Post ID: @1jph+1gk9p5TY

Profits are not down, they got use to the last two years of record profits and will try and beat that because that’s all this bank cares about, profits not the employees that work hard to get them that profit. So since the want to push this five days RTO, the payback will be lower profits. Something they need to get use to. Happy employees = record profits. Unhappy employees = low profits. One way or the other there will be consequences for them for not meeting the needs of the employees. I wouldn’t worry about layoffs, job market is hot. You’ll find another job, probably a better one too.

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Post ID: @fux+1gk9p5TY

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