Bank of America job cuts
Even though I said it isn't just banks and financial institutions that are cutting jobs, this sector continues to announce massive redundancies worldwide.
Today we learn of another big bank that is planning on making major headcount reductions. The Bank of America has said that they will cut 30,000 jobs, or 11% of their workforce over the next three years.
Given that this follows their purchase of Merrill Lynch it seems that most of these job cuts will occur in the US, but other centres such as London and Frankfurt are likely to suffer.
Labels: 000 redundancies, 30, american job losses, bank of america, job cuts, merrill lynch
posted by Carl Malways at
23:33
2 Comments:
People always hate to talk about when they are laid off. But as it has become every day's news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not.
And every thing they want to tell anonymously.And www.layoffgossip.com is providing you that platform.
7 January 2009 07:22
reason for job cuts
6 October 2009 05:23
Post a Comment
Links to this post:
Create a Link
<< Home