Bank of America to Cut 10,000 or More Jobs

August 19th, 2011

Via: AP:

Bank of America Corp. is cutting 3,500 employees this quarter and working on restructuring plans that will ax several thousand more jobs, The Wall Street Journal and The New York Times reported citing people familiar with the situation.

The reports Friday said that the job cuts at the biggest U.S. bank by assets might exceed 10,000 or about 3.5 percent of its current work force.

Posted in Economy | Top Of Page

3 Responses to “Bank of America to Cut 10,000 or More Jobs”

  1. Eileen says:

    Wonder if all those jobs being cut are those from BOA’s call center’s overseas? Wouldn’t that be right and just?

  2. LoneWolf says:

    omg … yes, Slick Rick is getting BofA funding to fight fellow Texan Ron Paul!

    rewind back to …

    Flight 1549 just took off from LaGuardia Airport
    Updated: Friday, 16 Jan 2009, 10:26 AM EST
    Published : Thursday, 15 Jan 2009, 6:12 PM EST

    CHARLOTTE, N.C. (AP) – Bank of America Corp. says a number of its employees were on board a US Airways plane that crashed into New York’s Hudson River.

    A spokeswoman for the Bank of America, Kelly Sapp, said 23 of the bank’s employees were on board the plane. The company’s headquarters are in North Carolina. The employees, who were not returning for any particular meeting, were all accounted for and safe.

    http://cityroom.blogs.nytimes.com/2009/01/15/plane-crashes-into-hudson-river/

    Although amazing skill and real character, I often wondered why Captain Chesley B. “Sully” Sullenberger, III, became an instant celebrity in Washington, DC (District of Criminals).

    Remember, he even got calls from Bush Jr. and was invited To the Obama Inauguration.

    Thank you for saving a few of our BofA funding team?

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