So hopefully BofA takes note on what happened at Twitter today haha! Elon demands return to office and long hours.. most folks resign. Good for them!
Americans have always worked long, ridiculous days and hours compared to most other countries… we’re starting to smarten up and not let these companies take advantage of us. They love to dangle “great benefits” and free cr-p food as their first approach to retention.. we all know that really just means big tax cuts for them.
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Power in numbers. I’d say the Twitters folks should start their own company and rise up.
With RTO, folks it’s not about age or 50+ pushing to go back, but rather think at a macro versus a micro level. All of these people WFH are kicking and screaming about going back, BOA is by far not the only company with employees upset, but the broader picture here is all of these worker bees at home doesn’t help money circulate. Pay attention to the deals happening right now on goods and services. Everything is reducing in price quickly which means money is not being spent and/or circulating. When Amazon lays off 11,000 employees I’d say worry about the economy.
People WFH = much less money circulating = you won’t have a job let alone have a say in RTO.
Hey ol’timer- point taken but the C suite making these horrendous decisions are all a bunch of out of touch boomers. It’s not ageism if it’s true. Of course there are exceptions to every rule , and kudos to you and some of your colleagues for being those exceptions but I have yet to meet anyone other than the 50+ crowd that actually supports RTO. Everyone, and I mean everyone I know is against it. There is a reason top talent has long left for greener (and more flexible) pastures in tech. Until management excepts the fact that the world has changed we will continue to fall further and further behind.
Apologies to OP, but feel the need to correct one of the recent responses in this chain.
@1lvq+1jLPbSrS - why "45"? you might want to chat with some "old-timers" before you put words in our mouths. I'm over 45 (ok, closer to 60), and I don't plan to ever work in an office again. I've worked remotely for nearly 15 years and am a high performer.
My friends/colleagues in the same age cohort are not returning either. We're fortunate as we are closer to retirement than you, but no one (and I mean, NO ONE) I know, regardless of age, has any desire whatsoever to RTO.
This is not an age thing. I'd say more of a power-trip by Top Mngt who feel compelled to exert their will - and are stupidly locked into long-term real estate leases (we no longer own any of our bldgs) and need to justify the expense to shareholders/bank stock analysts by having the bldgs full and avoid a commercial real estate collapse (a la 2008 housing collapse).
Take your age-ism and stick it up your ar-e, kiddo. You have a freakn' lot to learn about people.
The dinosaurs in upper management simply can’t comprehend that the younger generation (45 and under) are not willing to EVER RETURN TO THE WAY THINGS WERE. WE ALL GOT A TASTE OF REAL WLB AND WE’d rather be on the unemployment line than give it up. This is a generational shift in the way people will live/work moving forward. It’s time to get rid of all the old-timers who can’t relate to the modern day employee. They’re time is up.
Difference is BofA is dead end job. Twitter on the other hand is of certain caliber (the real ones anyway...not the visa ones). Those Twitter employees have no issues transferring those skills to new tech shops. BofA has useless knowledge and process and not very marketable skills.
The “great benefits” are absolutely a PR approach. Most benefits don’t apply to all and it’s a pain to get them going if they do. And the employee discount ms and that whole site is a joke.
800 resignations at Twitter having a remaining employee base of 3000 is the equivalent of 50,000 employees at the bank resigning. I don't know much about running a social media company, but there is no way that could happen here where the bank would continue to be an on-going entity.
Most folks did not resign, 800 decided they didnt want to work.
As a single person who got shafted out of the sabbatical because my 35-year anniversary year already passed before they finally rolled out the program, none of the benefits except basic health plan even apply to me. I think the benefits are more for "good press" than actual meaningful impact.
I hope others are able to take advantage of the programs.
Seems like more people benefitted from the flexibility to work from home.