Got to know that layoffs are going to happen soon in a few teams in GBS. Any idea if this is true?
Reporting manager has said not to expect much appraisal this time due to this reason.

likehelpful
Posting as :
works at
You are currently posting as works at

This time 0% hike for atleast 1 member under a manager. Everything is taken into account including 6 hours mandatory IN time as well as 3 days per week. They are eyeing on Natural attrition.

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Interesting to consider all metrics

Heard of less appraisals but not layoffs.
From where did you get layoffs news?

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I have heard the same

Yes about appraisal i heard this time not much %

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++ pls advise if anyone has such info, i dont have

Haven't heard anything like that 😕

Really? Thought bofa is good in terms of job security. Moved to bofa because of job security and wlb.

Job security and wlb both are there in BOFA.

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