Bank of America has confrimed that it will cut over 3500 prositions, a little more than 1 percent of BOFA’s workforce of roughly 288,000. workers to “save money and become more profitable.” (This following a string of other layoffs, including 2,500 already announced this year.)
But they have no problem finding the money to throw into Rick Perry’s presidential campaign accroding to a BOFA executive who was caught on videotape telling Perry that BOFA “will help” him out.
Nice priorities eh?