Bank Of America Recent Layoff Report 2024

Bank Of America Recent Layoff Report 2024. Jpmorgan added more than 16,200 employees. Bank has become the first large global bank to downsize its regional investment banking operation in 2024, after a wave of layoffs across the industry in 2023 as a.

In recent months, analysts and investors have questioned whether the bank had erred in putting so much of its extra cash into bonds in 2020 and 2021, at a time when interest rates were at. Is planning to cut jobs in its investment bank, one of the last major holdouts to bow to expense pressures that have left no one immune.