Bank of America is trying to use fear to get people to quit and avoid paying us severance. Managers are allowed to bully and yell at employees and nobody does anything about it. We are being told people are being fired and we should be happy to have a job, yet I don't know a single person who's been fired. Laid off, yes, but fired, no. I have no intention of doing them any favors. I can take more cr-p than they think. If they want me out, they can pay me my well-earned severance.
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This company is known for illegal workplace practices such as racial and gender discrimination. Bank of America has paid millions in past lawsuits. You can google it , if you don't believe me. Bank of America should just lay people off the right way instead of the scare tactics and waiting for people to quit. This would save them millions from lawsuits but instead it being run by m.o.r.o.n.s.
Here is the endgame...
https://www.highereducationinquirer.org/2023/12/ai-robot-capitalists-will-destroy-human.html
The EEOC is there to protect from workplace abuse
https://inspiredelearning.com/blog/how-to-report-workplace-harassment/
You can report workplace harassment by getting in touch with the EEOC. The EEOC is dedicated to ending discrimination by protecting employees from unlawful harassment and retaliation, according to its website. You can file a harassment claim with the EEOC by calling 1-800-669-4000 or visiting their site.
Go on FMLA
New sick bucket loads 1/1/2024
I was laid off 12 years ago after 10 years. It was a large layoff at the time. Did some freelance work with other banks, then was offered a job back at bofa. Was going well until recently. I am doing work I do not like nor do I excel in. I want my old responsibilities back but they are not listening. I’m feeling like a dumping ground. Maybe this is their way of ranking me out and I suppose I wouldn’t be that upset with a layoff and severance for my 7 years of service.
Being laid off after a 20+ year career is fabulous. Ask me how I know 😂
If you have a manager that is behaving like that, then get it evidenced and consult an attorney. I promise you, there are two things that terrify an organization like Bank of America- (1) wrongful termination lawsuits and, (2) well documented abusive working conditions. The first one will cost them upfront, but the second one will cost them for years to come in the ability to attract the kind of talent it absolutely takes to push a rock this heavy up the hill. Newly minted graduates are not that type of talent. 90% of them cost more than they contribute, and when they do start to contribute, they usually do so for the next employer on their career path, which usually happens within 36 months.
completely agree with you. this is what going to happen…
employees show middle finger and quit if the job market looks great with higher wages. this will be bad for the company as they struggle to retain top talent and replace with fresh graduates with limited/no experience.
employees stick with their current job if the job market continues to be terribly bad and the company struggles to reach attrition goals, only option is to fire/layoff employees
You are 100% correct.
It is highly unlikely that you will receive severance. A wave of voluntary attrition will probably occur in February and March as employees are informed of their compensation and exercise their vested restricted shares. This wave should maintain expected voluntary headcount reductions to satisfy large shareholders’ operating expense expectations.
Yes, but at least you get severance when you're laid off. When you are fired, you walk away with nothing.
Layoffs might as well be called getting fired. Not like they are going to call you back..