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Bank of America Cuts 35,000 Jobs: Latest Banking Layoffs

posted December 12, 2008 - 4:45am
Bank of America Cuts 35,000 Jobs: Latest Banking Layoffs

Bank of America has announce that they will be cutting up to 35,000 jobs over three years due to the weakened economy. Bank of America is also working a merger with Merrill Lynch. Follow the link provided below to read more about BOA's plans to cut 30,000 to 35,000 jobs starting next year in the article on NPR. Seems that there will be even more folks looking for work in the financial sector over the next few years. Will there be enough jobs in banking to go around or will many be forced to change careers?

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Website: http://www.npr.org/templates/story/story.php?story...

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