Bank Of America Layoffs Today 2024 Layoffs
Bank Of America Layoffs Today 2024 Layoffs. Many of bank of america’s peers at goldman sachs and morgan stanley have already started culling their employees as dealmaking dries up. 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.
Bank of america on tuesday announced layoffs of around 20 bankers in asia, said three sources with knowledge of the matter, becoming the first major bank to downsize in 2024. Collectively, the big wall street banks cut at least 30,000 staff in.