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Bank of America Cuts 14600 Employees in 2012 to Reduce Costs
Bank of America Cuts 14600 Employees in 2012 to Reduce Costs Bloomberg Bank of America Corp., the lender planning to cut $8 billion of expenses to improve profitability, reduced its staff by 14,601 employees last year. The cuts, including about 5,400 in the fourth quarter, represented 5 percent of the bank's workforce, which totals ...
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