BofA plans up to 35,000 job cuts in next 3 years
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Fin Fan In Caliluxury_boxOPBofA plans up to 35,000 job cuts in next 3 years - Yahoo! News
NEW YORK – Bank of America Corp. said Thursday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co.
The final number could be even higher, analysts say. Charlotte, N.C.-based Bank of America said it hasn't yet completed its analysis for eliminating positions, and won't until early next year. The company and Merrill have about 308,000 employees in total, and the cuts will affect workers from both companies and all types of businesses.
Rest in peace bigbry and dolphin debby!
SICKforum_veteranNOT GOOD FOR THE CITY of charlotte.....hope this turns around
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