Thread regarding Bank of America layoffs

Flexibility Announcement

Thoughts? Seems like it will be very role focused. Seems the most flexible are specific roles that allow for 2 days a week from home max.

by
| 5775 views | | 26 replies (last ) | Reply
Post ID: @OP+1jgygNGQ

26 replies (most recent on top)

most of the roles at the bank require 0 collaboration, theres a procedure and it’s followed, most work better when no one bothers me

by
| | Reply
Post ID: @vzbg+1jgygNGQ

Managers were made aware of the announcement today. It mirrors what @3gir+1jgygNGQ and @3nco+1jgygNGQ said.

by
| | Reply
Post ID: @ughp+1jgygNGQ

What’s the situation in global market operations and in Chicago? Still hybrid and 2 days in / 3 remote?

by
| | Reply
Post ID: @htac+1jgygNGQ

@7gzj+1jgygNGQ - Shhhh...... hush. Don't tell on us!!

I went in yesterday to see if more people were coming in as a result of "the memo".

Nope, still empty. Oh, there was one guy, but he did not even look up from his screen.

Stand your ground folks and don't be bullied in to the fake power trip of #fleetbostonmafia who cannot even be honest about why they want people to come in every day.

You think they'd like and appreciate the RECORD PROFITS that WE delivered working from home ---geeesh!

by
| | Reply
Post ID: @7jrv+1jgygNGQ

In Charlotte There already is a mass of people coming in to the office for a short time and swiping their badges then leaving early to sign on from home .

by
| | Reply
Post ID: @7gzj+1jgygNGQ

We were told if there’s a holiday and/or if you use vacation days that counts toward not being in the office, and that you HAVE to be in the office 3 days a week. I’m so f’ing done.

by
| | Reply
Post ID: @3gir+1jgygNGQ

We only got 5 days for the month!!!

by
| | Reply
Post ID: @3nco+1jgygNGQ

My manager basically admitted to our team that the reason the company wants us in the office is because of all the real estate office space they have. They want people in those buildings to justify those lease payments. I wasn't surprised.

by
| | Reply
Post ID: @3afn+1jgygNGQ

So what if a holiday fall within a week or you use a vacation day will we lose that day since most of us will have to be in the office 3 days a week per this new hybrid schedule?

by
| | Reply
Post ID: @3sal+1jgygNGQ

I can't understand why they want us in the office to collaborate. Who should I collaborate with when my entire team resides in different states along with my manager who is in yet another state? So I should drive in to look at other people who aren't on my team. NO thanks. Time to look around before all the remote jobs are gone and the only thing is left is the farce of "we listened to the voice of the associate" jobs left.

And anyway, 3 days in office 2 days at home was my schedule for the past 10 years. While this might be great for some this did nothing for me.

by
| | Reply
Post ID: @2uly+1jgygNGQ

6 months to come up with that solution, which they "implemented" a few months ago. Pathetic. They need to give more flexibility to managers to run their teams. I don't see a benefit to being in an office 3 days a week just to get a badge swipe. I am in favor of having the team figure out a day per that is good for everyone to come into the office to "collaborate" and if more "collaboration" is required they come in more. Otherwise it's up the to employee to come at least 1 more day during the week. There will be times when more than 2-3 days a week are needed to be in office, but many times there won't be, so why make it mandatory. Just the way different hybrid solutions are a 1 size fits all, each teams schedule shouldn't be a one size fits all. It may very week to week team by team.

by
| | Reply
Post ID: @2scz+1jgygNGQ

Here’s my experience to this from tech.
Pulled into a 15min.
First let me start with thanking you all as always. Great quarter and great earnings. Continues on this in circles for a total of 10min.
5 min left.
Now let’s get to why we are here and talk about it.

Hybrid schedule. 3/2 minimum for those that it applies too. Some are required daily.

Woah. I see lots of questions coming in. They seem one off. Have a discussion with you manager. Good bye now. Thanks again for all your hard work!

Thanks Bank of America for the thoughtful review of our feedback survey. Months of planning and that’s the best you got lol. Deciding between going to my hub office location so I can continue to sit in my isolated cubicle so that I can hop on multiple webexs throughout the day with my offshore teams and the rest of my team located in Texas, Cali, NYC.
Even me being in a hub office gets me 0 face time interaction with my team.

Only time I see my team is during PI planning. I’ll be in office during then.

Also, for the folks that hate their families. Just cause you hate being home, stop taking it down on everyone else. Get a hobby. Your life doesn’t have to be around pi----g everyone else off.

by
| | Reply
Post ID: @2hct+1jgygNGQ

@1bht+1jgygNGQ - I never thought 100% WFH was possible (esp. for client-facing roles), but the point is to treat us like adults by letting us determine when and how often when we need to be in an actual offie.

Trust us that we will get the job done, the revenue will continue to climb, etc.

They treat us like nursery brats, while they personally profit off our work, regardless of where we actually do it.

by
| | Reply
Post ID: @1exp+1jgygNGQ

This is the best outcome we were ever going to get. Anyone who thought 100% WFH was an option is delusional.

by
| | Reply
Post ID: @1bht+1jgygNGQ

Gotta love how the comments are not turned on for the announcement on Flagsc@pe. You know that sh!+ would be bombarded more than the sabbatical announcement and everyone’s disappointment.

by
| | Reply
Post ID: @1qfw+1jgygNGQ

The medical accommodations team is so backed up with requests (wonder why!? Haha!)… they’re approving temp WFH until a decision can be made. So bows the time to file for that accommodation and send a message as to what we want and how we’ll happily use the laws to our advantage since they take six months to come up with this pathetic plan!

Guess they’re oblivious to the fact that many other companies have tried 3 days in office and employees pushed back, so they reversed course. Get with the times BOfA!

Oh! And now all the leaders who have to come in to the office will be all bu-t hurt (they’re also very upset about less work from home flexibility.. now that there’s an announcement), so they’re really going to ramp up having stupid pointless calls about how we can track employees time and what they’re gonna do about it.
You’re gonna back yourselves into a corner where you have to fire great talent.. that’s what you’re gonna do about it. Have fun with the workload, errors, endless interviews and dealing with the lazy recruiters who just push all the work onto leaders.. all while you’re managing insufficient talent.

by
| | Reply
Post ID: @1qzc+1jgygNGQ

@kqy+1jgygNGQ

More or less there were details on what will come available based on your role. People who travel for client meetings will still do that. People who have to be in the office because they physically need something will go in (obviously). The two important parts were those whose role needed an office first approach will get “some” days per month, and those whose roles are okay not being in office will get 3 in 2 out a week.I am betting that most people will fall in the “some” days a month. And the some will probably be 1 or 2. It won’t matter if you’re in data and talk to no one and work with excel/sas/access or if you’re on the phone taking calls your entire shift. Both will be treated as “primarily in office” or so I speculate.

by
| | Reply
Post ID: @1ele+1jgygNGQ

Even if your teammates are in another city, you will be required to be in office at least three days per week. It took them six months to come up with a plan, and that's the best they can do? They will do everything possible to drive people out to avoid paying severance.

by
| | Reply
Post ID: @1tsk+1jgygNGQ

Took them six months to come up with this?

Lame.

My response: buh-bye

Which I guess is their entire point.

by
| | Reply
Post ID: @cvv+1jgygNGQ

@vqi+1jgygNGQ - I heard they will add the "expectation" that each employee will be "in the office on the number of days for the role" to the performance plan.

That will provide "cause" to terminate (fire without severance) when we don't show up.

This is yet another way to push out the more seasoned (read "older") employees and replace us with younger (read "cheaper") models.

And repel newer, younger employees (and potentials) who have no ties to this place and can work anywhere, esp. those with young families and older relatives to care for.

Krikes, why do they even care where we are as long as the work gets done and the record profits keep pouring in. I want the real reason for this pathetic attempt.

by
| | Reply
Post ID: @knc+1jgygNGQ

Can someone post the details, please. I am out on leave with no access to email.

by
| | Reply
Post ID: @kqy+1jgygNGQ

Leadership really needs to realize that the high performer rand and file is driven to be the best performer and teammate. They are not going to take an organization seriously that does not offer what they want on as an individual. No one engaged to an organization says hey this salary is low, but it benefits the company so sign me up! The same for such a core benefit. Individuals should have the flexibility to work how they want to as long as it maximizes productivity overall for both themselves and their team.

by
| | Reply
Post ID: @rbb+1jgygNGQ

If majority maintain WFH most days and still deliver, then there is nothing that management can do.

by
| | Reply
Post ID: @vqi+1jgygNGQ

People in hubs do not like it

by
| | Reply
Post ID: @trl+1jgygNGQ

Yup - 2 days WFH Max. Such bullsh-t. Fu-k that. There's been no official policy for so long that people have been doing whatever they want and Brian just announced the best 3rd quarter in how long? Obviously it doesn't matter where we are - let people work how is best for them!

by
| | Reply
Post ID: @caq+1jgygNGQ

Still doesn’t address many of us that are not in hub locations and are one-offs. Going in for 3 days a week to sit by myself is ridiculous. Yet I’m told only if you have a medical accommodation can you get My Work. Is that true?

by
| | Reply
Post ID: @btv+1jgygNGQ

Post a reply

: