Jobs, Restructuring | featured news

American Express to cut 5,400 jobs

American Express Co. says it will slash roughly 5,400 jobs, mainly in its travel business, and book a $287 million restructuring charge.

 

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....

 

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