Thread regarding Bank of America layoffs

Those of you who have stated 5 days a week in 2025...

Have any of you been told that ON THE RECORD? Or is it just rumors and/or hearsay? I don't doubt they are looking to have more employees in the office more than 3 days a week. I do have doubts it would be firm-wide for 100% of employees. They've put too much effort into reducing their real estate footprint and simply do not have the office space.

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Post ID: @OP+1ukYLDLI

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Unofficially official — there are numerous discussions regarding working on a 5 day in office week. “Back to basics” is what is said. Remember those words, they will come up. Because of the early chatter already, some people have unsuccessfully tried to remain remote and failed in their efforts. They left. One persons reason for leaving is because September is a hiring month. Not sure if that is true. I have never heard that before. We have all, and I am sure you have too - been advised to update our Flagscape profile. We were even advised to link it to LinkedIn if we have it. Make it up to date and professional.

Before you ask, no - I am not going to tell you my department, that is the whole point of Anonymous. When I have more information I will make a separate post so it does not get lost.

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Post ID: @edpf+1ukYLDLI

For those that don’t believe BofA will not move to 5 in office. Just look at Amazons announcement today.

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Post ID: @dnxs+1ukYLDLI

Post from TheLayoff.com

Not comply and milk for a few months is a good idea, you can try to find another gig in the meantime.

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Post ID: @2jbu+1ukYLDLI

Haven't seen nor heard anything about this at all, no whiff of even a rumor, much less anything Official.

They just aren't that good at keeping stuff quiet, plus they don't even have enough seats for our whole group to come back

Some groups are already 5 days/week for certain roles (and have been even through covid). Others are 3 or 4 days. Am sure they are tired of the noise around it and would love to standardize, but we don't have the room. And like everything, they'll want other banks (looking at you Jamie) to announce first. (maybe check that board)

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Post ID: @2frk+1ukYLDLI

It’s a topic at the Exec table. Someone knows the real answer but for now it’s being discussed as a means to fix something. No one knows what the “something” is. People don’t come in for 3 days, 5 will highlight it more. Then what?

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Post ID: @2btr+1ukYLDLI

Don’t listen to that guys options. Clearly he works at a corporation. That’s what those people like to do, give you ‘options’…

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Post ID: @1hob+1ukYLDLI

I've not seen anything in writing but why worry too much about something that may or may not happen? Corporations run like a voluntary dictatorship (voluntary meaning you can leave the corporation if you don't like the way it's being run) - those at the top can simply make a decision without a vote from the people that do all the work at the bottom. This holds true for all corporations.

Options are a)comply and live with the decision b) resign c) don't comply and milk it for a few months until you're fired which I think is a bad option because you'll burn your bridges for future opportunities

The fourth option which is extremely unlikely to ever happen but I'll mention it anyways- organize with enough employees across the corporation to force the top leadership into negotiations under threat of mass walkouts to keep the 3 days in place.

Whichever option you choose it's always good to have your resume updated and your skill set strong in the event you need to or choose to jump ship.

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Post ID: @wqs+1ukYLDLI

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