over the last two weeks, managers have been having the talk with the few remaining MyWork employees: come back into the office or quit. Anyone else have that chat recently?
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Topics regarding layoffs at Bank of America
In any given week how much real work would you say you do?
Anybody here has any experience with Bank of America HR? Is it safe to go to them with an issue about my manager?
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Eyebrows were raised when Zaimi hired her brother, Alireza, in 2014 (he left for Saudi Arabia’s sovereign wealth fund last October). In turn, Gallo has been accused of favouring colleagues he’s hired-in from Morgan Stanley. Source: “Inside the cult... read more
Whatever you do, do not contact human resources at Bank of America as they collaborate with the managers. They aren't there to help you. They are there to protect the Bank. Do not contact the Legal Department if you work outside of Legal either... read more
Kind of ironic the cuts come at the same time they announced hiring, 5400 associates over the next few years at new "financial," centers. Get rid of the higher salaried veterans in favor of new lobby greeters. Did you know you can use the ATM to make... read more
I have noticed this strange smell for a few weeks now but I can't really tell what it is. Could it be a mergquisition?
Haven't heard from Albany Troll for a while. Wonder if all is fine. Should we file a missing person report?
What is a good age to start thinking about leaving your career in the tech field and transitioning into a more reliable and less stressful field? What field would you choose? Why?
My dad was just laid off by Bank of America, after over two decades with the company. So much about loyalty to the hardest working and most experienced employees. Bank of America has gone lower than I ever thought possible with this. There was... read more
BAML Global Markets is hiring because people are leaving. Perhaps they should think whether or not that team is overstaffed. Do they really need that many of headcount? People are leaving because they are disappointed about money. If a manager can’t... read more
Cannot believe after fixing all your sh-- you thank with layoff.
Latest Bank of America (known) casualties are in Belfast - 30 employees were let go off at the end of the last month. Stay tuned for more, I'm sure... The impacted workers were in a small group that handled calls from financial centers that needed... read more
What location or lob or technology team affected? Comments please.
Let's put rumors and news about BAC layoffs in March 2018 into this thread... There is a lot of movement right now, I am sure more cuts are coming.
Large layoffs in Charlotte and other Areas in late feb 2018! Treasury: GTS and data jobs hit big, confirmed! Carnage continues despite improved stock, revenues and economy! BOA would kill their own kin, such a sad world
Only negative comments so far but there is usually at least one who is granted his/her wish. Did you ask to be cut? Did you get a package for retiring?
In case somebody missed this, 103 people will be laid off in Georgia at the start of April. Frankly, that whole office seems to be one big mess right now. We'll see if this spreads further to other locations... read more
Looking for recommendations on what to do with my time after being laid off
if you worked in Morgan Stanley and knew VIPs well, you are able to survive in BAML equities.
Today my colleague and I decided to build sandcastles. In order to meet my colleague, I flew my Gulfstream G650 all the way to the beach where my colleague and his roommates rent a small apartment. Since I have many resources I paid top dollars to... read more
The cost of hiring a new person (sign-on,guarantee bonus,higher salary) combined is almost 100k. When people quit, management should think if the team is overstaffed before hiring another person.
Trading revenue down,other LOB revenue up Yet trading was barely affected in Tuesday’s layoff
A former coworker of mine in GT&O got let go today, along with at least 1 other person. Anyone else?
How to keep your job?Creating PowerPoint with hypothetical revenue growth and cost down
Trying to get a clear picture of those impacted. Would you mind sharing age and salary information?
Name an industry and if you google it, you'll see they're having layoffs. So, what about the media narrative that these are the "best economic times ever"? Fake news, lies. Or would you like to try to reconcile that with more store closures in 2017... read more
Heard The collections unit in mortgage is being laid off in Fort Worth. Layoff within the next four months
Happening at Wells Fargo, JPM, US Bank and many others. Strange all these companies in the same industry are having layoffs the same days during good times.
Don't ever think any company or anyone else will look after your best interests.
Major layoffs end of March and some end of January. Be prepared!
Out with the old in with the new... / •Bank of America said on Monday it plans to open more than 500 new branches across the United States over the next four years. •The bank... read more
Some MDs in Global Markets do not deserve their pay. Higher salary means more responsibility. Managing directors should be responsible for trading revenue down. Should rank MDs by revenue contribution and get rid of bottom ones.
Many are losing jobs - /
Sites in Simi & Texas were greeted with a surprise layoff for associates working in the bankruptcy department.