Employment News
Bank Of Americas Losses
By EmploymentCrossing | Dated: 08-22-2011
The U.S economy is still on a slow path and due to this Bank of America has suffered huge losses lawsuits and mortgage related businesses and its market shares have gone down 47% so far this year. So Bank of America is also following other financial firms to cut 3,500 jobs in the present quarter which is termed as a drastic turn around effort by its Chief Executive Brian Moynihan and the Bank is further expected to conduct its second phase of job cuts in October this year.
Read this article here:
Bank of America Set to Slice Jobs
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