Bank of America will eliminate 3,500 jobs in the months leading up to Christmas as the company is looking to cut costs and restructure, The Wall Street Journal reports. Some employees have already been notified, but the bulk of the layoffs are pending. The layoffs are spread across different departments, "including investment banking and trading, and the cuts are expected to be completed by the end of September.
Friday, August 19, 2011
Bank of America Cutting 3,500 Jobs
The Atlantic Wire
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