****Bank of America to eliminate 30,000 jobs***

[bhrami]

Bank of America is slashing 30,000 jobs as part of an effort to reverse a crisis of confidence among investors. It's the largest single job reduction by a US company this year.

What CEO Brian Moynihan is trying to do is nothing less than save the nation's largest bank. Investors have cut the bank's market value by half this year. The bank is facing huge liabilities over soured mortgage investments and concerns over whether it has enough capital to withstand more financial shocks.

The cuts, which affect Bank of America's consumer businesses, represent 10 percent of the Charlotte, North Carolina, bank's work force. The bank said it hopes the cuts and other measures will result in $5 billion in annual savings by 2014. The bank has already cut 6,000 jobs this year. The bank also said it would look for cost savings at its other businesses in a six-month review that will begin next month.

"It's as if someone has hit the panic button," said Bert Ely, president of banking consultant Ely & Co.

[sombarey]

nee client bofa na

[bhrami]

[quote author=patriot link=topic=236642.msg2946265#msg2946265 date=1315882759]
nee client bofa na
[/quote]
kadu

[pr1nce]

sFun_duh sFun_duh sFun_duh sFun_duh sFun_duh sFun_duh sFun_duh

[PMREDDY19]

[quote author=ChittiNaidu link=topic=236642.msg2946278#msg2946278 date=1315882884]
janalu mortgages eggodite.....vadu salaryilu ela istadu..anduke teesestunnadu... [/quote]

america govt. billions istundi inka endhuko mari...
[img]http://www.gifsoup.com/view5/2739026/patsaduvu-o.gif[/img]

[sombarey]

[quote author=Bhrami link=topic=236642.msg2946295#msg2946295 date=1315883003]
kadu
[/quote]

mari oorike prathi okkadu bofa layouts ani okatiki padisarlu postlu esi.. janaalani sava D enduku

[bhrami]

[quote author=patriot link=topic=236642.msg2946345#msg2946345 date=1315883435]
mari oorike prathi okkadu bofa layouts ani okatiki padisarlu postlu esi.. janaalani sava D enduku
[/quote]
apudu repost eyyi

[tom bhayya]

&*B@ !q# &*B@ !q#

[PMREDDY19]

[quote author=ChittiNaidu link=topic=236642.msg2946357#msg2946357 date=1315883508]
BOA Ceo laki salaries and Bonus lu pay seyyanike...... common employees kosam kadu...


last time ichinavi....BOA CEOS and Presidents ki Bonus kinda pay sesaru kada....  @3$% @3$% @3$% @3$% @3$% @3$%
[/quote]

hmm e sari Team Leads ki managers ki ichessi .. contractor jobs ki pindam pedtaaremo..

[gerrard]

[quote author=Bhrami link=topic=236642.msg2946380#msg2946380 date=1315883687]
apudu repost eyyi
[/quote] CITI_c$y CITI_c$y nenu ippude veddam anukunaa  CITI_c$y

[PMREDDY19]

[quote author=ChittiNaidu link=topic=236642.msg2946398#msg2946398 date=1315883818]
no comment no comment no comment no comment  paina tadhastu devatalu untaru reddy garu...
[/quote]

Thdaaasthu .... antey Thama Asthulani kuda thaaakatu petttestrhundi Bofa ani Devullaki kuda telusu..

andhukey Bofa matter lo GODS kuda scared....

[pr1nce]

ipdu BOFA lo dabbulu vuncha mantaraaa chase ki marchesukomantaraa...... sSa_j@il sSa_j@il

[gerrard]

[quote author=pr1nce link=topic=236642.msg2946424#msg2946424 date=1315883998]
ipdu BOFA lo dabbulu vuncha mantaraaa chase ki marchesukomantaraa...... sSa_j@il sSa_j@il
[/quote]

u talking about shares  sCo_^Y sCo_^Y

[pr1nce]

[quote author=gerrard link=topic=236642.msg2946428#msg2946428 date=1315884036]
u talking about shares  sCo_^Y sCo_^Y
[/quote]

kadhehey ...... checking & savings account lovi  s%H# s%H#

[PMREDDY19]

[quote author=ChittiNaidu link=topic=236642.msg2946431#msg2946431 date=1315884049]
@3$% @3$% @3$% @3$%  BOA  *7*^ *7*^ *7*^ *7*^
[/quote]

enti aa profilepic inka maarchaava??

edina betting pettava eenti aa profie pic meedaa...