Sunday, March 3, 2013

5%

"Bank of America dropped 5 percent of its workforce over the last year, declining to 267,000 full-time employees, the bank said Thursday.

That marks about 22,000 jobs cut by the bank since fall 2011, when it announced its large-scale cost-cutting program known as Project New BAC, named after the bank’s ticker symbol."

Hmmm job cutting---should be CEO reduction in pay

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