Thread regarding Bank of America layoffs

Some positive news, for a change

Bank of America tops goal for veterans hiring

Bank of America said it hired 2,600 military veterans this year on top of a five-year goal to add 10,000. The additions mean a 24 percent increase in representation of veterans at the bank, according to a memo to staff Wednesday seen by Bloomberg News. The number of veterans at the company is now more than 15 percent of all US external hires as of July 2022, according to the announcement.

https://www.bostonglobe.com/2022/08/24/business/bank-america-tops-goal-veterans-hiring/

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Post ID: @OP+1ioLvFcJ

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As veterans in the US workforce are approx 8% why is it good news that they are over represented in BOA hiring? That suggests quota filling rather than selecting the best candidates Shrugs

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Post ID: @yts+1ioLvFcJ

As long as they are qualified for the roles within which they are hired, that's fantastic! It's great to see the Bank giving opportunities to those who sacrificed to continue opportunities within the US for the rest of us.

Also yes, it does matter. These are individuals who delayed entry into the private sector and made a sacrifice, regardless of the reason, in the process.

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Post ID: @atp+1ioLvFcJ

Honestly, as long as they hire qualified people it shouldn’t matter. Veteran or not. Hoping they also paid those they hired well AND offer them a flexible work arrangement.

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Post ID: @fer+1ioLvFcJ

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