Employment News
Bank of America is cutting 3,500 jobs this quarter, which had around 280,000 employees at the start of 2011, due to $1 trillion problem-loan portfolio and growing economic concerns. , The job cuts are expected to be completed by end of September and are spread across the company including investment banking and trading. Thousands of additional reductions are expected as part of “Project New BAC,” through which employees and managers are working to transform policies, practices and organizations to better align to the company’s customer-driven strategy.
Read the original article here
BofA to cut 3,500 jobs in current quarter – WSJ
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
EmploymentCrossing provides an excellent service. I have recommended the website to many people..
- Laurie H Dallas, TX
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
