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Bank of America cut around 16,000 jobs in a quicker fashion by the end of 2012 as revenue continued to decline because of new regulations and a slow economy. This put a plan one year ahead of time to eliminate 30,000 jobs under a cost-cutting program, called Project New BAC. [96]
A Bank of America spokesperson told Bloomberg approximately 40% of its 2023 hires were filled by candidates without four-year college degrees, and that figure has been increasing in recent years.
USAJobs (styled USAJOBS) is the United States government's website for listing civil service job opportunities with federal agencies. [1] [2] Federal agencies use USAJOBS to host job openings and match qualified applicants to those jobs.
Bank of America (NYSE: BAC) Q4 2024 Earnings Call Jan 16, 2025, 11:00 a.m. ET. ... This is just a great job done by Dean Athanasia and Aron Levine and Holly O'Neill that run this business for us ...
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At that time, he remained CEO and chair of Bank of America's board. Moynihan stated he planned on remaining CEO for years. [23] In 2023, Moynihan's total compensation from Bank of America was $27.8 million, representing a CEO-to-median worker pay ratio of 230-to-1. [24] Moynihan is a fellow at Brown University, serving from 2016 to 2027. [25]