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banks, restructuring
(Image from article: "BofA discussing about 40,000 job cuts: report")

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BofA discussing about 40,000 job cuts: report

BofA discussing about 40,000 job cuts: report

Bank of America Corp officials have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal said, citing people familiar with the plans.

 

Reports: Bank of America to ax 10,000 or more jobs

Reports: Bank of America to ax 10,000 or more jobs

Bank of America Corp. is cutting 3,500 employees this quarter and working on restructuring plans that will ax several thousand more jobs, The Wall Street Journal and The New York Times reported citing people familiar with the situation....

 

Congress to AIG: We'll trust, but verify

Members of the House Oversight Committee lash out against the bailed out insurer, as it cautiously presents its restructuring plan.

 

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