< HOME  Monday, April 10, 2006

Bank of America Cuts 1,900 Jobs

[Bank of America] will eliminate 1,900 jobs by closing three call centers by year end . . .

[one] in Dover, Delaware, eliminating 630 jobs . . . [one] in Horsham, Pennsylvania, which employs 600 people, and one in Colorado Springs, Colorado, which employs 670 . . .

[The No. 2 U.S. bank] plans to cut about 6,000 jobs across both companies following its $34.2 billion purchase [of credit card issuer] MBNA.

The purchase made Bank of America the largest U.S. credit card issuer.
At this rate, within a few years, any job that isn't nailed down will be shipped overseas.

[illustration by vper1]

5 Comments:

At Tuesday, April 11, 2006, Blogger silverisgood said...

Just another example of how this country is going in to the toilet. Who in their right mind would want to invest in america at this stage of the game.

 
At Tuesday, April 11, 2006, Blogger Citisucks said...

I wonder how the repugs in Colorado Springs will react to the corporate terrorist rethugs enacting class warfare against them.

People better start revolting because in the words of Green Day "It's not over til your underground. It's not over before it's too late".

Fight the banking terrorists!

 
At Tuesday, April 11, 2006, Blogger Citisucks said...

By the way silverisgood, no one in their right mind would invest in America at this point. However, one of my favorite sites http://www.karmabanque.com/ is about investing in its demise.

 
At Tuesday, April 11, 2006, Blogger qrswave said...

BobOak left this comment when I posted this at DailyKos:
----------------------
This happened in 2003, but I think needs to be repeated.

Kevin Flanagan, a Bank of America software programmer who, just after getting laid off in April, walked out to his car and shot himself.

Read the rest of the story.

I we owe it to Kevin and all of the people who played by the rules and had their entire financial security ripped from under them, to push middle class economic issues front and center of the Democratic party platform.

http://www.noslaves.com http://forum.noslaves.com

by BobOak on Tue Apr 11, 2006 at 06:12:39 PM PDT
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Bob's link to the story requires a subscription, so here's another one.

 
At Wednesday, April 12, 2006, Blogger Citisucks said...

Very sad. If there isn't already an increase in suicides I think we will soon begin seeing one, but like the one during the Depression era. I don't see the Democrats taking up middle class economic issues-my experiences with Democrats in power have taught me one thing-they are just as much in support of the corporate terrorists as the rethugs. That is why they actively choose to ignore a winning issue. That is why all the real liberals need to start voting for Green Party candidates and need to make the Green Party their party of choice. The Democrats are a good old boy's club and they refuse to change.

 

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