Thursday, December 11, 2008

Bank of America to cut up to 35,000 jobs over three years - MarketWatch

Bank of America to cut up to 35,000 jobs

Company cites Merrill acquisition and recession

By Alistair Barr, MarketWatch
Last update: 6:53 p.m. EST Dec. 11, 2008
SAN FRANCISCO (MarketWatch) -- Bank of America said late Thursday that it plans to cut up to 35,000 jobs over the next three years as the financial giant adjusts to a recession and completes the pending acquisition of brokerage firm Merrill Lynch & Co.

http://www.marketwatch.com/news/story/story.aspx?guid=%7B3BE563B5%2D082C%2D444B%2DBCA0%2D8122FC013047%7D&siteid=YAHOOB

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