Layoffs Watch '09: Bank of America
Layoffs are said to have gone down over at BAC's investment bank earlier, with group COO's bearing the brunt of the cuts. Ken Lewis feels your pain, and sorry he wasn't there to say good-bye.
Layoffs are said to have gone down over at BAC's investment bank earlier, with group COO's bearing the brunt of the cuts. Ken Lewis feels your pain, and sorry he wasn't there to say good-bye.
More cuts are expected at the House of Moynihan this week. "Project New BAC axe is rumored to be coming out tomorrow. Expecting major headcount reduction in Equity Sales + Trading amongst other things."