Bofa Layoffs 2024 – Bank Of America Corporation (NYSE:BAC) reportedly declared the termination of around 20 bankers in Asia. Most of the impacted bankers are situated in Hong Kong, Reuters reported, referring to sources . Bank of America on Tuesday announced layoffs of around 20 bankers in Asia, said three sources with knowledge of the matter, becoming the first major bank to downsize in 2024 as China and Hong Kong .

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Bofa Layoffs 2024 Bank of America rolls out investment bank cuts amid tough time for : Letters warned employees that failure to follow return-to-office expectations could lead to ‘further disciplinary action’ Bank of America is cracking down on employees who aren’t following its . Bank of America’s move also follows a series of challenges for the bank, including layoffs of 20 bankers in Asia amid stock market challenges and a projected decrease in Q4 earnings. The bank’s .