Thread regarding Bank of America layoffs

More layoffs

I was already told 15 of us in our department were going to be laid off

Any chance you'll share the department with us? No need for the location, but at least give us some idea?

Also, isn't it sad that there is barely a week that goes by without either news of layoffs or announcement of layoffs to come?

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Looks like some hasn't looked at this site for a while

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this means you must make more to cover your costs after layoff.

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All good in Albany NY we are getting $1,000 check.

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expect staff reductions quarter over quarter.......this has been the trend for many years now, some departements are less adversely impacte than others, but staff reductions are the norm.

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Haven't you heard? The new tax cuts will put so much money back into the Bank (and all other corporations) that there be no more layoffs!?!?!! WE ARE SAVED!!! Thank you Washington guys you are all soooo smart!

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Heard that in our department too. Budgets for 2018 are low and they are looking for layoffs. At the moment trying to work with removing open head counts. But if that doesn't cut it there will be cuts

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