Bank Of America News Layoffs 2024. One of the videos falsely claims that the fbi. Bank of america has sent “letters of education” to employees who have not been showing up at the office, warning them of disciplinary action, in the latest move from a large.

Chief executive charlie scharf announced that the bank had set aside as much as $1bn for further severance costs, suggesting tens of thousands of more jobs are at risk. Bank of america has started a round of job cuts within its investment bank, as wall street banks cut back on dealmakers amid declining fees.