Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

December Cuts are Here!

Attended a Town Hall yesterday where the speaker said the cuts were over and any more layoffs would be for people that were under utilized. That was a big lie. Many groups are operating bare bones. Just tell us the truth! Is this ever going to end?

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| 357 views | | no replies yet
Post ID: @OP+ERFbhIh

Why?

Why are we no longer able to see the number of replies for each post?

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| 793 views | | 2 replies (last November 25, 2015)
Post ID: @OP+EDrclQs

wow, a Wednesday with no one being canned!

Oh my bad, it is veterans's day and we're closed so they can't walk us out this week. They will wait till Thanksgiving or Christmas. Thanks to all that served.

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| 642 views | | 4 replies (last November 12, 2015)
Post ID: @OP+EpBamlC

The financial sector meltdown

Good times are over. JPMorgan Chase is selling off a chunk of its private equity business. BOFA and WF closing branches left and right. AIG is contemplating breaking into smaller pieces. Goldman Sachs and Morgan Stanley are watching trading profits... — read more 

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| 772 views | | 1 reply (November 13, 2015)
Post ID: @OP+EpYRepk

Bank of America Layoffs 2016

What is the likelihood of Bank of America layoffs in Charlotte in 2016? Please let me know if you have any information.

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| 2170 views | | 9 replies (last May 14, 2016)
Post ID: @OP+Ejagc23

How many people laid off in California?

So I'm curious if anyone knows how many workers were laid off in California and why they didn't give a 60 day notice. I believe the law says if more than 50 people are laid off a 60 day warn is required.

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| 3600 views | | 2 replies (last November 10, 2015)
Post ID: @OP+EgNNESF

Early December cuts

Well, Merry Christmas! Your job is gone! I don't care if your kids get Christmas presents or food. Signed, Management (Scrooge)

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| 642 views | | 1 reply (November 2, 2015)
Post ID: @OP+EgBFqVI

BAC India Layoffs

Bank of America did reduce its workers in Tech in India too, so redundancies are not limited to the US. Tech teams have been asked to automate their work so its like chopping the same branch they are sitting on because after automation is completed... — read more 

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| 590 views | | no replies yet
Post ID: @OP+Eg68QzT

I was laid off like many others last week, but relieved. The company culture over the last few years has become toxic.

I grew up at Bank of America - working there from my early 20s to early 40s. I drank the kool-aid, learned, promoted, and sacrificed my personal life for many years constantly delivering many millions in productivity savings. I watched the company... — read more 

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| 1000 views | | 4 replies (last December 11, 2015)
Post ID: @OP+EgM6hKP

It is their loss, and not mine.

Let's repeat three times: No good comes from focusing on what I cannot control. No good comes from focusing on what I cannot control. No good comes from focusing on what I cannot control. I will do the best I can, in fact., ensure I excel at a level... — read more 

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| 680 views | | 2 replies (last November 1, 2015)
Post ID: @OP+Ef9ATWY

Maybe more cuts

We have the meeting and employees walk away discouraged. Maybe more cuts. Incestuous management in over their heads. One promoted for technical ability now wants more and more and more data to make more bad decisions. One self loving brown noser who... — read more 

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| 632 views | | no replies yet
Post ID: @OP+Ef6QJ5L

Layoffs in Mortgage Tech and BAC is a sucky place to work

Agree with all who say it used to be a good place to work. No more. Constant rumors of layoffs coming, layoffs are systematic, work from home eliminated, benefits get worse, micro management increases. Talk about regressing to the old industrial... — read more 

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| 552 views | | 1 reply (November 1, 2015)
Post ID: @OP+EeTd0tK

I'm glad that I'm out of it

I was a long serving BankAmerican (41 years) in the UK. At the start, it was a very friendly place to work, but then we got Nations Bank (who shifted HQ from San Francisco to Charlotte) and Merrill Lynch - both of whom destroyed the friendliness. I... — read more 

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| 661 views | | 1 reply (October 30, 2015)
Post ID: @OP+EdR3eev

Eliminated Position

Worked at BOA for 31 years. They eliminated my position (told the staff to tell customers that asked for me, that I retired). I have never been happier since I walked out the door. No regrets. I have never looked back.

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| 690 views | | 5 replies (last October 31, 2015)
Post ID: @OP+EdG3CtL

10/30 Cuts Were Not Last Cuts for BAC

The executives are are on a roll big time, the Street seems to like it and our execs are certainly enjoying it. These cuts were not the last cuts... You think I am exaggerating but I am really very realistic and grounded on this topic. Get ready for... — read more 

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| 620 views | | 4 replies (last November 4, 2015)
Post ID: @OP+EdNbuuL

Gluttony at its best

It’s old now. It's the same lies, red herrings, and hyperbole used under the guise of improving the corporation. These vapid, impotent, untalented, overly coached zeros who consider themselves leaders are merely fourth and fifth generation... — read more 

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| 550 views | | 3 replies (last October 30, 2015)
Post ID: @OP+Ed0c06y

Windsor cuts in personnel

Have you heard anything about cuts at the processing center in Windsor, CT? I heard that some of the workers have been let go this week and I also heard that the whole operation might be outsourced to a 3rd party. It'd be a real bummer if they kill... — read more 

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| 575 views | | 1 reply (October 30, 2015)
Post ID: @OP+EcD7YdJ

BAC OUTSOURCING OF IT JOBS

As an IT security professional I'd like to bring up another urgent point. In addition to selling out American jobs there's something no one has mentioned yet: when American companies offshore their IT staff (especially on a large scale) they have to... — read more 

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| 610 views | | 5 replies (last October 31, 2015)
Post ID: @OP+Ec6BzZQ

Upcoming USA datacenter layoffs imminent

Sources close to BofA technology teams have mentioned about a rumour that many tech employees based out of Dallas, Richmond, Concord and Wyndham data centers will be laid off within the next one year. Almost 20000 resources will be laid off and... — read more 

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| 640 views | | 4 replies (last October 30, 2015)
Post ID: @OP+EcmFx3o

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