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Learning Amidst Layoff Fears

Software Engineer
Former Employee
Worked at Bank of America for 6 years
March 10, 2022
3.0
RecommendsNeutral OutlookNo CEO Opinion
Pros

Large company with good benefits. A good place to learn, depending on your area.

Lots of good, knowledgeable people at the company. The ability to work from home was nice. I loved the ability and opportunity to learn by working with cross-functional teams.

Cons

The company's solution to a bad business decision was a layoff. The blame for the poor business decision caused employee job losses without considering who made the bad decision. The company layoff was not determined by production, knowledge, or year-end reviews but by salary. Working remotely loses the personal touch, and often management doesn't see or recognize the hard work required for great results.

Advice to Management

Recognize people who make an impact and cross-train if possible. Value talented employees as assets, not as salary liabilities.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
4.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
4.0
Compensation and Benefits
3.0
Senior Management
3.0

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