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Forum Post: 3 Years After Taxpayer Bailout, Bank of America Ships Jobs Overseas

Posted 2 years ago on May 31, 2012, 7:37 a.m. EST by bklynsboy (834)
This content is user submitted and not an official statement

Bank of America, which last fall announced plans to lay off 30,000 workers, is about to go on a hiring spree—overseas.

America's second-largest bank is relocating its business-support operations to the Philippines, according to a high-ranking Filipino government official recently quoted in the Filipino press. The move, which includes a portion of the bank's customer service unit, comes less than three years after Bank of America received a $45 billion federal bailout.

We should close all our accounts and us Credit Unions. http://www.motherjones.com/politics/2012/05/bank-of-america-outsourcing-call-center-philippines

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4 Comments


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[-] 1 points by TrevorMnemonic (5827) 2 years ago

Just when you think they couldn't be bigger assholes... they go and do something like this.

[-] 2 points by bklynsboy (834) 2 years ago

What pisses me is Obama has Wall St. types setting policy. Naturally, it is all to their advantage and no one goes to jail.

[-] 1 points by bklynsboy (834) 2 years ago
[-] 1 points by Nevada1 (4849) 2 years ago

Good post bklynsboy.