Thread regarding Bank of America layoffs

Contractor Furloughs and layoffs

Started on 9/10 - Furloughs and layoffs.. will never hear it in the news because bofa is doing the furlough or layoffs its the contract companies.. in the mean time wasting millions with Cisco and Black Box on pushing paper around and charging out the a## for nothing...

by | Post ID:
1591 views | 15 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

15 replies (most recent on top)

It's happening again.

by | Post ID:

Considering that BofA is paying your vendors > 30% then what u are getting it is your vendor that is screwing you as much as bofa is ... thay could have absorbed some of it but that is their bonus.

by | Post ID:

this is a game that the execs. play to ensure they maximize their bonuses.

by | Post ID:

Go ahead and quit. I will take the job at that rate.

by | Post ID:

Anyone know why?

by | Post ID:

Well then.

by | Post ID:

Gen 10

by | Post ID:

Amen- Anonymous151555 ...

Bank is paying Cisco 45,000 plus to move telepresece units around the SAME TOWN... 7,000 for the SAME BUILDING.. but we get cut WHO THE F is running that flea circus?

by | Post ID:

Bank of America Furlough and 10% rate cuts: (September 2015)

All the Bank of America contractors impacted with this furlough and rate cuts. Those vendors are Collabera, Apex Systems, TekSystems, Insight Global, Diversant, TCS, Infosys, Randstad and several other.. As per the known information 40,000 (>95% ) contract employees impacted with this brutal cuts. Contractors who started their job just 2 or 3 weeks before(just in August) also impacted for this. This is very frustrating situation for new joiners who resigned another job just recently for this great?? company. Bank of America management should be responsible for this situation. Did they not known about their revenue and expenses just 3 weeks before? If they are aware of these cuts, how come they let join new employees calmly? They deceived the contractors, especially who just joined couple weeks before. New contractors just stuck in this mess and in helpless situation. I want this to come as a big news and provide justice to victims. I wish we need to file a lawsuit on the BOA management.

Victims, please raise your voice >>>>>>>>>>

by | Post ID:

Can anyone tell me any other names of affected contractors? I know Apex Systems, Collabera, TekSystems are among them.

by | Post ID:

I wasn't even notified until Friday at 4:30. The consulting firm said they would know more by close of business Monday. My letter said 2 weeks furlough between now and sometime in November, rate reduction or both.

by | Post ID:

In NC, you CAN claim unemployment but you must wait one week before payment kicks in. That means you are out one week, you get nothing. If you are out two weeks, you get one week of unemployment pay determined by the formula. Three weeks out, you get teo weeks pay and do on. The most NC will pay is around $350 a week and it is determined by the amount you have earned in the past year. The contracting companies are supposed to help you process this as it is called an "attached layoff".

by | Post ID:

any other banks furlough and cut rate of consultant's pay?

by | Post ID:

can unemployment be claimed for the days that are furloughed?

by | Post ID:

Not just furloughs, but forced rate reductions for remaining contractors of 10%. Accept it by Monday or it is considered a resignation.

by | Post ID:

Post a reply

:

Related pages


viasat duluth gaburlington coat factory company historyfree pc checkup office depotcigna layoffsfile unemployment in coloradostaples in beloit wimckesson richmond vaavneesh agrawalharris hospital azlebjservices.comapple store houston galleriageneral electric jobs houston txverizon field force manager loginnewfield oil and gashess corporation layoffsecmc fraudfrontier jobs wvironplanet pleasanton cajobs at walgreens corporatebny mellon massachusettssears patio clearancecenturylink eagle copatterson dental charlotte ncworking at fannie maeatt repair centerweatherford calgary jobsdel taco fort worthdirect energy layoffsstantec office calgaryaetna customer service jobsburlington coat factory closing storesovernight fresh associate walmartavid burlington maallegro whole foodsdupont de nemours and company718-935-2000jobs barnes and noblesan disk stockpearson stock price historyibm layoff severance packagekohls balboa avescotia jamaica careersburlington coat factory topekalayoffs at boeinghoneywell aerospace phoenix arizonacablevision layoffsthe whitewave foods companyibm layoff alliancerwd technologiesbac earnings datestallion oilfield servicesruby tuesday westminster cobbt tickerverizon discounts for retireeshelmerich & payne houston txport huron school closingsschenectady gesalem aerospace companyat&t stores in el pasokmart sweetwater tnlockheed martin syracuse nycnhi layoffsst alexius medical center bismarck north dakotacts jobs in kolkataburlington coat factory mesa azmacys corporate officesqualcomm holidaystortuga rum cake recipejcpenney corporate numbersoftware engineer qualcommat&t uverse jobslayoffs ibmhermann medical centerwww moneycnntwc office nycbeaulieu america