Bank of America Raises Minimum Wage to $20/hr, Opens Up 4 Employee-less Branches in Houston. Really.

The Notorious Banker

English - November 12, 2019 03:28 - 39 minutes - 36.8 MB - ★★★★★ - 54 ratings
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Previous Episode: Bank Outage 2: Electric Boogaloo - Capital One and Bank of America's Bad Week + Listener Email About Weirdest Fee Ever!

Next Episode: Bank of America "Business Decisions" a former CFO of Paypal, Twitter Storm Hits Category 5

Bank of America, just one week after the massive outage to its system decided to create a diversion, and do two things: Give everyone a $1000 bonus, and raise their minimum wage to $20 a full year earlier than anticipated...2020.

20 in 2020, symmetry Barbara Walters can appreciate.

But a Houston Chronicle article from Andrea Leinfelder discusses how Houston will be blessed with 8 new branches in their area....with half of them being unstaffed!!!! Yes, Raising the minimum wage and getting rid of the job that would benefit the most all at the same time. That sounds like the most Bank of America thing to do...and THEY FREAKING DID IT!!!

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