Bank Of America

It's a topic that reemerges in the national conversation every four years -- outsourcing. And this year, the corporate policy of sending jobs overseas, also known as "offshoring," has been front-and-center during the 2012 campaign, in large part because one candidate, Republican Presidential candidate, Mitt ...

Bank of America is planning to cut 16,000 jobs by year end as it speeds up a company-wide cost-cutting initiative amid declining revenues, The Wall Street Journal reported on Wednesday. The job cuts would put the second-largest U.S. bank a year ahead of schedule in eliminating 30,000 jobs under a program ...

By Mitch Weiss and Pallavi Gogoi of AP, with AOL Jobs CHARLOTTE, N.C. -- Four people were arrested Wednesday as they tried to force their way into the annual Bank of America shareholders' meeting in Charlotte. Police used a new ordinance to declare the gathering an extraordinary event subject to special ...

For four years, Shelly Flood says she was an excellent employee at a Maine branch of Bank of America. Her partner, Keri Flood, a cleaner at the bank, also received glowing reviews in the two years she worked there. But when the bank discovered that they were lesbian partners, things changed "suddenly and ...

Wall Street is facing a crisis even worse than the financial meltdown of 2008, reports New York magazine in a sweeping cover story. As pieces of the Dodd-Frank financial-reform act come into effect, revenues are plummeting, bonuses are getting slashed, and firms are selling off chunks of office space. "If ...

They had their lives mapped out. Having won and completed ultra-competitive summer internships at Lehman Brothers. They entered senior fall with a job offer in their pocket. But as the American financial sector crumbled in September 2008, and Lehman Brothers filed the largest bankruptcy in U.S. history, those ...

By Steven C. Johnson (Reuters) - The thousands of protesters camped out in New York's financial district may not see it this way, but these are not the best of times for Wall Street. ...

Earlier this month, Bank of America announced 30,000 jobs would be cut, in addition to the 6,000 jobs already cut in 2011. Since the mass layoffs news broke, employees at Bank of America have continued to turn to Glassdoor to share their perspective on what it's like to walk the halls of the bank branches as ...

Layoffs surged in September to their highest level in two years, a new report shows, as employers cut nearly 116,000 workers last month. Reductions among the ranks of the military accounted for a large portion of September's job cuts, according the report, compiled by Challenger, Gray & Christmas, a ...