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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.

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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3 comments:

  1. AnonymousAugust 19, 2011 at 4:35 PM

    obamie does it again! hire a mexican and see the country go!

    ReplyDelete
  2. lmclainAugust 19, 2011 at 5:34 PM

    Jobs cuts completed by the end of September. Multi-million dollar bonus awarded to the CEO by the end of October.

    ReplyDelete
  3. AnonymousAugust 19, 2011 at 11:38 PM

    Yeah 4:35 I am sure its a bunch of mexicans taking those bank jobs.

    ReplyDelete

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