People go in droves but we still have layoffs.
How is that possible? What will happen when they later realize that there is a lack of people, and that BOfA is no longer the first option for almost anyone when applying for a job? It's really awful. (Referring to thread +1gxgdE5b)
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BofA has a ton of openings. I'm telling my friends they shouldn't bother applying for the next few months. Lots of changes. Maybe for the better maybe for the worst. Why roll the dice?
BofA does not care if they are not first choice for the best applicants. We are content with "functionally acceptable" and do not demand best-in-class excellence. I see many asking what are we going to do when the best people leave or do not apply? The answer is same thing we've done for the past couple decades: let the best go and replace them with someone who can keep it running, even if that means problems arise.
They don't care who leaves as long as someone else can be hired to be minimally successful. It's the BofA way.
In technology, the only ones who stay with the company are the useless scrum masters, risk managers, program managers, release managers, and others who have clueless about technology. Eventually, we will have no hands-on staff who can actually produce software.
In the meantime, let us continue with our glorious meetings by these non techies
I’m guessing it’s because of the current economic situation. Inflation, recession fears, rising rates… it’s not just the bank. Google the word “layoffs” and you’ll see that companies everywhere in all industries are reducing staff right now. 2022 is going to be a tough year. As long as people are out of work and needing to pay their rent or mortgage, there will always be job applicants.