BofA plans 30,000 job cuts; investors underwhelmed

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BofA plans 30,000 job cuts; investors underwhelmed

http://in.finance.yahoo.com/news/BofA-plans-30-000-job-cuts-reuters-924804739.html?x=0

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This is a shocking news.Perhaps bank of America wants to raise thus policy.
The recession in USA is compelling companies to reduce expenses. The better option would be to reduce salary and not staff till the crisis is over.

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Created Tuesday, 13 September 2011 12:28
Last Updated Tuesday, 30 November -0001 00:00
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