This one hit me hard in the chest. I must say this was a big surprise to me and others but it looks like Bank of America is going to cut 30,000 to 35, 000 Jobs in the next 3 Years. I’ll will quote Huffinton Post:
NEW YORK — Bank of America Corp. said Thursday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co.
[Via Huffinton Post]
[ad#ad2-right]Now this one will affect the Whole US and some other International in the coming years. It is based on the Economic Stresses we are getting hit with right now. I am saddened and disturbed by how many people have loss there jobs. I have lost count as to how many people have losed their jobs over this economic downward spiral as Jason Calicanis once said. I can only hope that we can get up after this and fix what went wrong in the first place. I also know that it is quite hard to get hired in this day and age. So what is to become of the hard working men and women? Will the Government have to pay for housing for even more people? These are all questions we must answer soon in order to prevent a disastrous depression.
