Sunday, 23 September 2012
Bank of America's Couper to retire after 40 years
Bank of America has quietly changed strategy chiefs for the third time in three years.Last September, Bank of America announced a cost-cutting plan that would include reducing 30,000 jobs, the biggest layoff announcement last year by a company, according to outplacement firm Challenger Gray & Christmas. "As the decisions areBank of America Corp. is accelerating a broad cost-cutting plan and has set a target of shedding 16,000 jobs by year's end—cuts that would see the company
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