• English   Deutsch   
  •  GMT      
  • LONDON      
  • FRANKFURT      
  • NEW YORK      
  • SAO PAULO      
  • TOKYO      
  • SYDNEY      
Hedge Fund Database
Morgan Hedge Fund Database
USERNAME

PASSWORD

FEATURED SERVICE PROVIDER

  Hedge Fund Search
Name, ISIN, Ticker:
  

Hedge Funds Search Detailed Search
  Hedge Fund Directories
Listed Hedge Funds:9,763
HF Professionals:16,344
Service Provider:476
BOA plans to cut 35,000 jobs
 
  Hedgeweb - FRI, DEC 12 2008
News Bank of America Corp., the third-largest U.S. bank, said yesterday that it plans to cut as many as 35,000 jobs because of the weak economic environment. The job cuts will take place over the coming three years and will equal 11 per cent of BOA's total workforce.

The number of Americans filing first-time claims for unemployment benefits surged to 573,000 last week, the Labor Department said. It is the highest level since November 1982.



BOA plans to cut 35,000 jobs

Please register or login to comment on this article.

Comments represent the views of the individuals who post them. They do not necessarily represent the views of Morgan Hedge / HEDGEweb or our partners.


 
 
© Morgan Hedge™ · HEDGEweb™
Morgan Hedge and HEDGEweb are Trademarks of morganhedge.com, TAA LLC and VIImedia S.A.