REPOST - Did I say 10,000? It looks like more that 35,000 jobs to be cut (over three years)!
Depressing news from Bloomberg, "BofA To Cut 10,000 Investment Banking Jobs"
Bank of America can be expected to cut at least 10,000 investment banking jobs as it moves to absorb Merrill Lynch, sources have told CNBC. The layoffs will start before the end of the year and possibly as soon as this week.
This will probably impact BofA/Merrill Lynch New York offices more so than Charlotte headquarters. Still.....
Posts
No comments:
Post a Comment