BofA Sheds Specialists
Another round of layoffs has hit the floor specialists and clerks at Bank of America Specialists. Another 43 specialists and clerks lost their jobs following 40 people who were downsized in January. This is part of the bank's effort to get its original 165 floor positions down to 65 by the spring, according to reports in the New York Post. The move comes as a result of the New York Stock Exchange's (NYSE's) move to the Hybrid Market model. NYSE is committed to retaining some floor staff as it
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