Layoffs At Bank Of America Impact 2024 Reddit

Layoffs At Bank Of America Impact 2024 Reddit. I work for one of the big 5 banks and have heard about layoffs that have been happening recently in banks and across many other industries too. The current approach to layoffs at bank of america likely involves a combination of workforce assessments, departmental evaluations, and consultation with internal and.

In 2024, bank of america, one of the largest financial institutions in the united states, announced a series of layoffs as part of a strategic restructuring plan aimed at. Wall street banks are looking to offload $13 billion in debt tied to elon musk’s 2022 purchase of x (formerly twitter), according to sources close to the situation.