Bank of America to Cut 4,000 Jobs Amid Recession Worry

Bank of America, Washington, DCInternationalIndiaAfricaNEW YORK (Sputnik) – Bank of America wants to lay off some 4,000 workers by June, despite sterling first quarter profits, as recession worries grip Wall Street, company executives said in a quarterly earnings call.CEO Brian Moynihan said the cuts were to preempt a cooling job market and should not be […]