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For 14 Years One Foot Was Always Out the Door

Vice President - Technology
Former Employee
Worked at Bank of America for 20 years
March 5, 2019
Phoenix, Arizona
2.0
Doesn't RecommendNeutral OutlookNo CEO Opinion
Pros

I had a competitive salary.

Cons

Layoffs occur once every quarter. The largest one is always around the Christmas holidays. Only rarely was thought given to the actual value of the employee. More often, I've seen truly competent and respected employees laid off because something was done to displease their manager. Sometimes they were rehired, but always in a reduced capacity and salary.

Advice to Management

Stop running the organization for the shareholders instead of the customers and employees.

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