Layoffs At Bank Of America Impact 2024 Layoffs. Today, bank of america (nyse:bac) is grabbing a disproportionate amount of attention. Jpmorgan chase, bank of america and citigroup all saw profits drop in q4 thanks to higher interest rates and increased costs the fall of silicon valley bank.


Layoffs At Bank Of America Impact 2024 Layoffs

While the layoffs are ongoing, they are not at the scale of the massive job cuts seen in 2023. Citigroup cut 5,000 jobs, morgan stanley shed 4,800, bank of america 4,000, goldman sachs 3,200 and jpmorgan chase 1,000.

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