Charlotte 10pm WSOCTV news announced layoffs next week for GT&O.
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Media reports after the fact. These reductions happened last week. I guess the powers that be tell them that people got a 2 week notice but we all know that 2 week notice is bs. Your access is cut that day.
Sooo....we thinking Tuesday or Wednesday for GTO?
Cutting jobs is “not pleasant,” Moynihan said. “But we use attrition. We just keep driving it down.”
http://www.charlotteobserver.com/news/business/banking/article64138397.html
Attrition = Performance review scam and smear process, abusive manager behavior, and derision. Applying for positions internally in this environment is not only ridiculous, it's impossible!
Helping find new positions? Total BS... they could care less... The whole RIF is to get rid of people, not displace them. The internal job site postings are there just for the fluff.. try applying to one, you won't get it. That job is meant for someone else they intend on hiring with a lower pay.
Currently new jobs at McDonalds have considerably lowered the unemployment rate which is actively emphasized as an Obama achievement. BofA is obviously helping to continue this trend!
Define "strong track record" please. Can we get some verifiable metrics on that statement or is this just another feel good line around the kool-aid punch bowl?
"The bank has a strong track record for helping employees find new positions, he said."
http://www.charlotteobserver.com/news/business/banking/article77490247.html
Death and Taxes - what goes around comes around - f--- corporate