Friday is here once again!!!!!
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Topics regarding layoffs at Bank of America
Using his methods we paid off all of our debt including our home. It took 7 years to accomplish on a strict budget (no vacation, no eating out, drive old cash bought cars, working a 2nd job) but now there is little worry about with being part of a... read more
I was laid off from GT&O last year and now they’re interviewing me for a contract role in same organization. I’m hesitant to go back to GT&O, any advice for contracted Project Managers in this group?
Tips to avoid layoffs: Complete all training on time. Never argue with any of your co workers and never vocalize your true opinion. Always put your best effort in your work . Document everything and if you are struggling on a task seek help. Never... read more
If Bank of America were to spin off GTO, how many pennies would you be willing to pay for it on the OTC
Please reply to this thread with your location and how many people you are aware of that were let go today. Thank you!
From what I am seeing, once more the hardest hit group are employees in their late forties and fifties. How long are we going to allow this blatant age discrimination to continue? I don't care about the reasoning behind it, this should be and IS... read more
1- Can you draw unemployment in NC during severance period? 2- Does Rule of 60 give any insurance benefits once severance is over?
I think all these layoffs are an indication of meeting or exceeding earnings target. July 20 calls $30 = $0.50 May be a good idea to buy now and dump even b4 earnings.
While not universally true, a lot of middle aged workers with many years at the bank would love to get the severance package as a bridge to early retirement or ease the transition to something new. Some managers are supportive and help that happen... read more
Go to your local thrift store. They are likely full of Bank of America red volunteer T-shirts. These are quickly discarded by employees when layoffs occur I guess. I saw at least 20 recently. Not a leading indicator but very telling.
CCS got hit this morning too - very tenured 30+ years and MyWork folks
Got laid off today 6/20. Worked for GTO in Charlotte. My severance package listed 1 weeks pay for every year i've worked at the bank (21 years) and no pro-rated bonus. Paid out for 2 weeks remaining vacation too. I thought BofA subscribed to the 2... read more
Anyone here? What's the impact today on Chicago GT&O - please share
Has anyone heard of this? Will they be hiring/firing people in New Jersey or relocate some jobs?
Please share your happy stories about layoffs. Show others how everything happens for a reason and that a layoff is not the end of the world. It is sometimes just a bump on the road to happiness. My sympathies to all those impacted by layoffs. Just... read more
It was reported to TX Workforce Commission in February that there will be 87 layoffs at Amon Carter on 6/15, which is a Friday. Who knows if it's the Wednesday before (6/13) or the Wednesday after (6/20). At least you were given a heads up! We are... read more
Sad about those that got laid off today. Looking back over the last 15 months...I’ve had 5 managers and 4 different areas of responsibility. Got a new un-named area today..but don’t stop what you were doing before...we haven’t figured out who will be... read more
Anyone know about this? Apparently it’s going to a big one and I have no idea what to look forward to
Major layoffs end of March and some end of January. Be prepared!
Been wondering if June's actions will be the 13th, 20th, or 27th. One down, two to go.
I was laid off last year and here are some tips I recommend to make things easier for yourself if you just got laid off Don’t get bitter, but see downloadbesttorrentblog.ru as an opportunity and a challenge. There is life and WORK outside of BofA. End things... read more
I have a quick question on the RULE OF 60. Do we have anyone on this page who was through the process? If yes, do you have any details on how the calculations are done for 'Rule of 60' health care premium supplement? Please provide any additional... read more
Layoffs all across GT&O.
Anything else getting hit?
Can anyone that's been thru the process provided details on the calculation for used 'Rule of 60' health care premium supplement?
June 12 which is right before the payment cycle end date. June is always a layoff month, begining of a new quarter as well, so all coincides date wise. Just wondering if there is any truth behind this? Anybody heard more about it? Or is it just... read more
What's your answer?
What is "Responsible Growth"? Creating a culture of fear to eliminate all forms of risk creates an environment where absolutely no learning and no employee development takes place. The result is an organization that just doesn't grow at all. So... read more
Please post any Mortgage Tech layoff updates in this thread. BAC is not the only bank laying off right now, the overall market is not that great.
Any changes since April update? I know 500+ will be laid off but people were promised new jobs in different locations. How are things developing...
Many layoffs today in GTO related to dissolution of Enterprise Shared Services. Mywork Hub folks and more
Corporate office in Pasadena is closing and nearly 600 people will be laid off in the process. I wonder how many more similar announcements we will continue to get this year... read more