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Per CO Article: Bank of America will cut 30,000 jobs | CharlotteObserver.com & The Charlotte Observer Newspaper (http://www.charlotteobserver.com/2011/09/12/2602163/bank-of-america-will-cut-30000.html - broken link)
Looks like this will be taking place over the next 2 yrs, and some of the positions will be unfilled opening eliminated. I haven't found anything that indicates to the local impact yet.
The impact on Charlotte is unknown, meaning it could be a positive to Charlotte (not for BOA) if consolidating certain aspects of the business means relocating employees to Charlotte. It could be an across the board 10% impact on the region or worse. At this point, no one knows but the gloom and doom team will be full force.
Wondering myself as spouse and I are considering a move there and worried that in addition to Charlotte already posting worse than average unemployment numbers, this will flood the market with more college-educated people making it even tougher to find work.
Younger, under 30 something workers who come cheaper than us 50+ guys....
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