Bank of America to hire 1,000 more apprentices - The American Bazaar
Article excerpt
Highlighted: the sentence this signal was extracted from
Bank of America will hire 1,000 additional apprentices over the next two years and invest $150 million in workforce development programs over five years, as the bank expands skills-based hiring across the United States. The new apprenticeship positions will span consumer banking, technology, operations and other business areas. The initiative builds on Bank of America's existing programs, through which the bank hires more than 800 apprentices each year for paid, work-based learning opportunities. The Charlotte, North Carolina-based financial institution said the expanded program is designed to create pathways to long-term careers for workers entering the workforce through nontraditional routes, including positions that do not require a bachelor's degree. Bank of America said about 40% of its current hires do not have a bachelor's degree, reflecting its broader shift toward skills-based hiring. The bank has also committed to hiring 10,000 additional people with military backgrounds over five years and 8,000 individuals from community colleges. READ: Goldman Sachs, Bank of America and 19 banks plan dollar stablecoin for 2027 (September 1, 2026) "This is one more way for us to do what we can to help create a skilled American workforce for tomorrow," Bank of America Chair and CEO Brian Moynihan said. He said the bank's apprenticeship and workforce development programs are...
Keep reading with a free account
The rest of this article, and every signal for Bank of America, is in your free account.
