Bank of America to Cut 30,000 to 35,000 Positions

[Jebins]

Dec. 11 (Bloomberg) -- Bank of America Corp., the third- largest U.S. bank, said it plans to cut 30,000 to 35,000 positions over the next three years because of its acquisition of Merrill Lynch & Co. and the weak economic environment. :mfr_omg:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aA9Fg.y2xCy8&refer=home