Pros: good strong company, good benefits, satisfying work (for me anyways)
Cons: bad economy, fear of losing your job to restructuring, some management could be better
Bank of America is a good company, but with the economy the way it has been, things change frequently for banks in general, which causes varying stages of mass layoffs and hiring. The work that I do is satisfying, but there is always a feeling of anxiety that they will lay off our entire team regardless of performance. There seems to be no method to
– more... restructuring with respect to layoffs. For example, they decided they didn't want a specific location anymore and laid off everyone that worked in that building - these folks worked for many different teams, including some from mine, and some of them were top performers. You'd think the goal of restructuring would leave you with a more qualified staff as you trim the under-performers, but with this seemingly random selection, they are not only letting strong performers go, but the the strong performers that are left start looking elsewhere because they don't want to be caught on the wrong end of one of these mass layoffs. – less