NEW YORK (TheStreet) -- Bank of America(BAC_) confirmed Friday it had begun layoffs, part of a plan previously announced by CEO Brian Moynihan to eliminate 30,000 jobs at the bank "over the next few years."
"Bank of America continually reviews and assesses the efficiency and effectiveness of our operations. As a result, we have made the difficult but necessary decision to eliminate certain staff support functions in technology and operations," read an emailed statement from the bank. A spokeswoman declined to elaborate
No comments:
Post a Comment