Monthly Archives: March 2016

Bank America is firing employees big-time in 2016. They want to automate the way financial investing is done, moving investors to mobile applications. Mobile investment options and other automated technology are the real reason banks are making cutbacks in North Carolina. North Carolina finance companies are increasingly automating the way investing is done, which means there's a large likelihood that phone banks will replace financial advisors.

It's an ongoing trend that warrants a lot of concern in you are watching North Carolina financial firms.

Charlotte, N.C.'s Bank of America is planning to fire corporate jobs by the hundreds if not thousands in 2016, according to one employee who spoke with TopOfBook off the record. (Bank of America spokesman Jefferson George confirmed the layoffs.) Bank of America continues to cut workers within the company with an aggressiveness not...