Bank Of America Layoffs 2024 Usa

Bank Of America Layoffs 2024 Usa. The bank also cut a trading md who had been with the bank 18 years last week. This, however, coincided with a headcount reduction of nearly 5,000 people as the bank went from 218,000 employees in january '23 to 212,900 in december.

The bank expects the unemployment rate to reach 5.5%. This, however, coincided with a headcount reduction of nearly 5,000 people as the bank went from 218,000 employees in january ’23 to 212,900 in december.