BofA eliminating 3,500 jobs; reports say more cuts expected

Bank of America gives mixed messages on hiring front
BofA eliminating 3,500 jobs; reports say more cuts expected
BlackBerry-maker creating music service for smartphones

Follow this company broke the story Thursday night, citing an internal memo BofA Chief Executive Brian Moynihan had sent to his management team. The cuts will happen across the company and employees have already begun receiving notifications.

Company officials could not immediately be reached for more details.

The bank is the largest in Los Angeles and the state of California.

Read Full Article from Bizjournals.com

- Posted: 2011-08-19 16:32:32

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