Bank Of America Layoffs Today 2024 Usa

Bank Of America Layoffs Today 2024 Usa. Industry executives acknowledged the challenges in navigating the changing. Companies like flagstar bank, meta, pwc, tesla, google, microsoft, and nike have all announced cuts.

A bank of america spokesperson tuesday maintained that attrition — not layoffs — accounted for april’s reduction of 1,000 employees, according to american banker. But unlike peers at goldman sachs and morgan stanley who have resorted to mass layoffs, bank of america ceo brian moynihan and cfo alastair borthwick are opting for.