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Corporate Leadership

BofA Doubles Goal of Hiring 10,000 Workers From Low-Income Areas

  • Program is expanding to place employees in tech and operations
  • Bank is pushing to improve diversity metrics across company
Photographer: Jeenah Moon/Bloomberg

Bank of America Corp. doubled its goal of hiring 10,000 employees from low- and moderate-income communities in a push to diversify its workforce.

The company has already surpassed a five-year target announced in 2018, and set a new goal of hiring an additional 10,000 by 2025, according to a statement Thursday.