Bank of America is Considering Cutting Up to 40,000 Workers

U.S. financial giants, Bank of America is considering cutting up to 40,000 workers as part of a round of belt tightening is anticipated to be warm, the Wall Street Journal reported Friday.

Journal citing unnamed sources, who said the company had discussed cutting 30,000 to 45,000 jobs, but he said, that figure could still change and that the decision will be made over a period of several years.