Thread regarding Bank of America layoffs

@rj What groups in RCO?

@s5 was it basically 2-weeks pay for every year of employment?

@rt Not enough that I can consider retiring.

@rj what kind of severance did you get?

Yes, I worked in RCO in Jacksonville FL and I was one of many in my area that lost their job on Tuesday morning.

@jd yes google it . Ny laid off peope

Does anyone care to offer evidence of these layoffs? Just saying, I could come on here and say, BoA just fired the entire tech team and commenters would say “Told you so!” So just offer at least some details

global markets had a few in NYC at least

Retail Credit Organization.@aa

@aw
What’s that? A bank CEO lied to his employees? Oh the horror.

Anyone who wants to read it, it’s behind a paywall. Copy the entire link, go www.archive.ph and paste it into their. It’ll bypass the paywall.

https://www.nytimes.com/2026/04/21/business/ai-job-cuts-wall-street.html

Recovery and Collections. Not surprising considering Bank of America has spent the last decade to make sure it doesn’t serve but just the 1%. It’s also why BM keeps saying the consumer is healthy. Head in the sand, inside a bubble.

What is rco?

Boa did a sweep yesterday!