The 3,500 positions are spread across the nation's largest bank by assets, including investment banking and trading, and the cuts are expected to be completed by the end of September. Some employees already have been notified.
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Friday, August 19, 2011
Bank Of America To Cut Thousands of Jobs In Restructure
CHARLOTTE, N.C. – Bank of America Corp. is cutting 3,500 jobs in the current quarter and working on a broader restructuring that could eliminate thousands of additional positions, The Wall Street Journal reported in its Friday edition, citing people familiar with the situation.
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3 comments:
obamie does it again! hire a mexican and see the country go!
Jobs cuts completed by the end of September. Multi-million dollar bonus awarded to the CEO by the end of October.
Yeah 4:35 I am sure its a bunch of mexicans taking those bank jobs.
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