Bank Of America Recent Layoff Report 2024 New York

Bank Of America Recent Layoff Report 2024 New York. Amid asian market woes, bank of america terminates 20 bankers, attributing layoffs to recent stock market lows, diminished deal prospects. Bank of america has started a round of job cuts within its investment bank, as wall street banks cut back on dealmakers amid declining fees.

Shrinking headcount helps keep expense growth in check; Bank of america has been quietly cutting tech staff.