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BofA’s Moynihan Pledges ‘No Layoffs’ for 2020

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Oct.01 — Bank of America Corp. Chief Executive Officer Brian Moynihan says the bank will stick with its pledge to avoid staff cuts this year. “We’ve said no layoffs for this year and we’ll stick by that,” Moynihan said Thursday in an interview with Bloomberg’s David Westin on “Bloomberg Markets: The Close.”

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