Friday, August 19, 2011

NYTimes: Bank of America Plans Big Layoffs to Cut Costs

From The New York Times:

Bank of America Plans Big Layoffs to Cut Costs

With its stock down more than 50 percent since January, Bank of America is set to eliminate at least 3,500 jobs in the coming months to cut quarterly costs by $1.5 billion.

http://nyti.ms/r71WSw


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