Thread regarding Bank of America layoffs

My survey did ask but out contract is up soon. I'm hoping for hybrid. Actually asked if we would leave if not offered

I wonder what they’re waiting for if it is coming. In the mean time we’re losing talent. I can assure you, what we’re losing we’re not getting back.

Hybrid has to be coming. Other banks offered it and rolled it out already not to mention if hybrid was off the table they never would’ve created the survey. Never done so in the past why do it now? They keep talking about phases.
End of summer I’m thinking hybrid may eventually be rolled out.
Also several people I know even got their accommodations extended to WFH full time so the bank really already knows what needs to be done and what we want.

ID: @pfo+1gmXMXci Thank you for sharing your story but most importantly so happy to hear you eventually got out.

Similarly, a family to take care of so a job is important. Just not willing anymore to spend so many hours a day getting dressed to commute to an office to sit with people I don’t really like. I have successfully done my job from home for the last two years so it is possible to work from home successfully.

That extra time i have in the morning and afternoon, I do things for my kids. I am actively posting and have gotten good feedback so far. Just a matter of time before I say yes to something..

Great advice! You’ll never know until you leave. The worst that can happen is you may not like it but you can always go back and probably for a higher pay and better title because by then they will be even more desperate.

Hi, a person who decided to jump ship a little less than a year ago here for a few reasons, one of which is WFH. I decided that one day the bank would be pushing for RTO, and after COVID, I couldn’t see myself sitting in a half-walled cube doing something I don’t love. I worked in varying roles at BOA more than 18 years for a paycheck beginning in my 20s.

As someone mentioned, COVID shed light on what is important in life and it’s not working for corporate America driving in 30-45 minutes, working all day, driving home 30-45 minutes eating/making dinner, going to bed and repeat. I am no longer interested in spending the majority of my day in a mediocre job exchanging my free time for money to buy meaningless things that are completely unimportant in the end.

Within the group I worked, we were told from the get go WFH was being pulled mainly at the hands of CB a female exec in Chicago (not sure how true it is) and so after a promotion where I was congratulated with a title change that came with no incentive/cash attached and additional workload, it was the straw that broke the camels back so to speak giving me enough strength to pull the bandaid off.

Fast forward, I’m now in a leadership role at another company, making more of course with the freedom to WFH when I wish but also only working a few miles from my home so it’s a win-win for me. I’m valued. I’m no longer a number. I no longer have to dial into the 800# for support and sit on hold for hours. I no longer have to try and call global HR speaking with someone in another country who hardly speaks English trying to resolve personal issues. I no longer have to work for a company who literally took a bailout during the recession and turned around with our taxpayer money and outsourced jobs to include mass layoffs!!!!

On the down side, for soooo many friggin years I’ve feared a layoff as many have since the recession, because I had a family to care for and the job market was much different than it is now. BOA would lay off annually and the fear was constant year after year When an executive would come into town everyone began speculating. When the person counting cubes came in everyone speculated. So naturally this website became my go to for BOA news on possible layoffs, and I STILL find myself coming here to read because it was part of my abusive routine or habit that I can’t seem to break nearly a year later. I lived in fear so long that I keep coming here to read as if I’m still going to be laid off. Creatures of habit I suppose. That was part of BOA’s thing, lay off from every location enough to stir back up the fear so people would scurry and work harder in fear of a layoff. Hopefully those days are over.

The grass may or may not be greener on the other side but you’ll never know until you leave. Look at the bright side, the bank needs you so leave on good terms and you can probably come back if it’s not greener.

We live in unprecedented and unpredictable times. Netflix stock is down 35% and that is the power of people. All it takes if for enough skilled people to leave this bank and enough unskilled to be hired for customers to be impacted and leave, tumbling their stock price. This bank is not immune or too big to fail. They almost failed once and if it weren’t for taxpayers money bailing them out they would have been history a long time ago.

BM is the leader of this bank and the executives under him are puppets not leaders. None of them are willing to stand up to him and say you’re a bit seasoned, set/stuck in your ways and going in the wrong direction. People have changed, I have changed. My priorities are different now. I not only want remote/work life balance but see it as a critical part of my existence in the work place and family values. If Covid taught me anything is to value life now and the people in it. Work is important but it has to be full filling and meet those essential needs of today. What is the point of work when you’re unhappy doing it because it’s an ordeal five days a week in an uncomfortable, distracting, unhealthy building. What is the point of working for a company that refuses to listen to the needs of the majority. If the company you are loyal to and give your all every day, day in and day out can’t value the things that are important to you then why work there at all. The great resignation is about the realization that in this country we put work first and ourselves and family last and life itself has become meaningless. Some holidays use to be a holiday where no one worked now stores are opened almost every holiday because shareholders get more and more greedy each year. We are not robots, we are people with families. We love or jobs but we love ourselves and our families too. Enough is enough. It’s time for a drastic change in how we see work in the future.

And if hybrid is what you want then stay. I don’t want hybrid. I want full remote. I want a title that matches what I do and I want my salary to match my work. I want to be promoted based on the work I do and not because I’m the manager’s pet.

Hybrid is coming. Full remote won’t be offered but hybrid will.