Here are big banks that are or could be planning big layoffs.
Bank of America (NYSE:BAC): On Wednesday, BofA announced its intention to cut costs by $3 billion annually in its investment-banking, commercial-banking and wealth-management units. These cuts will happen by 2015.
Goldman Sachs (NYSE:GS): The mega bank also announced Wednesday its plans to cut more jobs that will affect some high-ranking employees.
Morgan Stanley (NYSE:MS): Forecast projections from the nation’s sixth-largest bank hints that the firm could eliminate more than 4,000 jobs by the end of this year.
Citigroup(NYSE:C): Bloomberg reported Thursday that the nation’s third-largest bank…
via 4 Big Banks to Begin Next Round of Layoffs | InvestorPlace.
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