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Old 09-20-2010, 07:43 PM
 
Location: Union County
6,151 posts, read 10,022,564 times
Reputation: 5831

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Bank Of America Cutting 5% Of Capital Markets' Personnel, Firing 400 Employees Globally, Many More To Come...Er... Go | zero hedge

Quote:
Bloomberg has just disclosed that Bank of America is following similar actions from RBS disclosed earlier, and is firing as many as 400 employees in global banking and markets division. Charlie Gasparino, who first broke the news, also added the twist that the departures are taking place now "so as to deprive the unlucky employees year-end bonuses."
I wasn't able to determine if any of the 400 are in Charlotte... The "many more" cannot be good news for some folks.
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Old 09-20-2010, 08:51 PM
 
Location: Charlotte, NC
2,193 posts, read 5,052,845 times
Reputation: 1075
I haven't heard of any layoffs on my project/department. But maybe I'm in a bubble, since we are involved in a multi year release that is going on till 2013. They are planning on hiring 3 contractors and offering them full time...
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Old 09-21-2010, 02:55 AM
 
Location: Wherever women are
19,012 posts, read 29,708,171 times
Reputation: 11309
Quote:
Originally Posted by sheenie2000 View Post
I haven't heard of any layoffs on my project/department. But maybe I'm in a bubble, since we are involved in a multi year release that is going on till 2013. They are planning on hiring 3 contractors and offering them full time...
Once upon a time I remember signing documents I will NEVER discuss company events anywhere outside

Big brother can find you.
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Old 09-22-2010, 03:28 PM
 
Location: Virginia Highland, GA
1,937 posts, read 4,708,019 times
Reputation: 1288
BOA are a bunch of criminals. Worst bank in the world.
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Old 09-22-2010, 04:02 PM
 
Location: Where we enjoy all four seasons
20,797 posts, read 9,739,063 times
Reputation: 15936
I hope the ones that are getting fired are the ones that consistently give out wrong information to the customers. OR the ones that train them.
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Old 09-22-2010, 06:06 PM
 
7,126 posts, read 11,697,656 times
Reputation: 2599
Quote:
Originally Posted by crazyworld View Post
I hope the ones that are getting fired are the ones that consistently give out wrong information to the customers. OR the ones that train them.

Oh, you're gonna hear about THIS one from the CLT crowd bad boy/girl!
No more Mr. Nice guy?

Now, all of my Sicilian curses on them are coming to bite them.

"Hi, can you help me with my problem." "Nope I only work here." (yeah right, make that" used to.")

I know, Pink Caddy you have no heart. Right. They took it away from me with the abusive servicing, rudeness, non-caring, and tearing out the little hair I have.
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Old 09-22-2010, 08:46 PM
 
Location: Charlotte
265 posts, read 329,845 times
Reputation: 99
The Observer article said that this division is based in NYC, but has employees in Charlotte. So I would imagine that NYC would get the brunt of the cuts.
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