Bank of America hires 2,000 summer interns and 2,000 full-time recruits amid AI-driven industry changes
By
Bloomberg
Summary
Bank of America is bucking the trend of AI-driven job displacement by hiring 2,000 summer interns and 2,000 full-time college recruits. The new hires will work across the firm's eight business lines, including consumer, investment, and corporate banking. Josh Bronstein, the company's head of global talent, describes this as an important leadership pipeline initiative, highlighting the bank's continued investment in human talent despite growing automation in the financial industry.
Source
Key quotes
· 2 pulledThis is an important leadership pipeline for us, where we bring in a broad group of talent.
Next week, 2,000 summer interns and another 2,000 full-time recruits from college campuses will flock to Bank of America's offices.
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