Parents Petition Caltrain to Reduce Train Speed In Palo Alto
Gavin Newsom's Mariah Carey-like Interview Demand
How to Keep Your Car Windows Safe In the Tenderloin
Urgent: SF Food Bank Needs Your Help
Gavin Cans Film Commission Head Stephanie Coyote
Bank of America (who used to be based in San Francisco) has announced plans to cut anywhere from 30,000 to 35,000 jobs over the next three years. As the company sucks up Merrill Lynch & Co., cuts will affect both BofA and Merrill. "In an effort to lower costs as they face increasing defaults in mortgages, credit card debt and other loans," the (former) banking giant will add these jobs cuts to the thousands that they already eliminated over the past year. In related conspiracy theory, tinfoil hat news: Illinois Governor Rod Blagojevich was arrested on corruption charges, it seems, the day after he announced all Illinois government agencies to suspend business with Bank of America. Allegedly.
add to stumble upon
add to reddit
tweet this
post to facebook
They took our tax dollars and then our jobs. What assholes.
Note, it doesn't mention whether the jobs are American workers. I've heard rumors that they're using the economic crisis to outsource jobs to other countries. 35,000 American jobs lost, 35,000 jobs created in another country for half the price