Bank of America: Coronavirus will not lead to any layoffs in 2020
March 31, 2020 at 12:48 PM EDT
While many across the U.S. are announcing layoffs and hiring freezes due to coronavirus, Bank of America claims they hired more than 2,000 new employees in March alone and raised their U.S. minimum hourly wage to $20. Vice chairman Anne Finucane reveals how the company protects the well-being of its 200,000+ employees while also maintaining business continuity and protecting the bottom line.