Thread regarding Bank of America layoffs

Higher than expected earnings for Q2

Bank of America just posted higher than expected earnings for last quarter. Hopefully, this will reflect positively on the future, and they will not add more to already enough laid off people in operations and technology division. We can hope, at least...

http://www.cnbc.com/2017/07/18/bank-of-america-q2-2017-earnings.html

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| 4337 views | | 18 replies (last August 10, 2017) | Reply
Post ID: @OP+OkBvSq3

18 replies (most recent on top)

I will send you a virtual recognition via BOA tool so that I can complete one of my goals of recognizing people.

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Post ID: @njza+OkBvSq3

My salary helped the 2Q earnings.

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Post ID: @ndwe+OkBvSq3

that's right @ajsr, you can run the entire bank on your phone with a couple of apps, what was I thinking? By the way, the machine code suggestion was just a joke! you probably don't know what that is, which is why you didn't get it. And if your phone doesn't have 256 cores to do all the processing needed, just send it to the CLOUD ... These days nobody has to know how anything works or build anything new as there is an App for it or it can just be done in the Cloud.

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Post ID: @ayna+OkBvSq3

@9yfu I can tell how old and outdated you are based on your recommendations. Please read tech articles from this century.

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Post ID: @ajsr+OkBvSq3

Congratulations now you are getting it.

Welcome to the new millennium @azxo.

Tomorrow I will teach you how to use #

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Post ID: @aqkk+OkBvSq3

@9zqq, must be a millennial that knows everything and has all the answers!, but apparently not enough to get anything of any value accomplished with the sophisticated expertise that is being espoused ...

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Post ID: @azxo+OkBvSq3

I would have more respect for you if you knew how to use the internet properly. Please add the @ before the code to make a link.

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Post ID: @9zqq+OkBvSq3

9tfu, so you have no idea - all talk! Take a guess, if you dare ... Suggest something like "C#, C++, Basic, Machine Code, google tools, Perl, Java, PHP, some SQL DB" etc.

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Post ID: @9yfu+OkBvSq3

@9rss 114.20/hr

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Post ID: @9tfu+OkBvSq3

8wef, any recommendations on what is the best technology to use for software and infrastructure, ASSUMING that this is a cutting edge organization with the best technology available?

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Post ID: @9rss+OkBvSq3

Of course it won't. They both s---.

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Post ID: @8wef+OkBvSq3

It's got nothing to do with the age of the technology! It's the experience and expertise of the people involved that make all the difference. The latest version of Python will not run the bank any better than the mainframes.

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Post ID: @8bdv+OkBvSq3

No waste in Albany NY

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Post ID: @7hwh+OkBvSq3

Some I have encountered are wedded to status quo, 20+ yr old technology.

#BarelyLegal

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Post ID: @4hod+OkBvSq3

Re IT and technology: IT and technology largely define the company -- fewer and fewer branches with people, and systems running on ATMs, smart phones, etc. taking their place. That said, the critical IT side may not be managed too well, if top management comes mainly from the people-centered era. I suspect that a place like BAC wouldn't do too well in competition for the best IT minds vs. the likes of Silicon Valley. Some I have encountered are wedded to status quo, 20+ yr old technology.

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Post ID: @4iof+OkBvSq3

Corporate greed, high earnings never made a difference in the past 4 years and it won't this time.

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Post ID: @yqx+OkBvSq3

There is just so much waste in IT and technology, so there's plenty to go especially in areas that deal with the financial markets.

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Post ID: @ujw+OkBvSq3

Layoffs are so far the only good "idea" for increasing revenue! Do more with less!

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Post ID: @ysz+OkBvSq3

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