Bank of America Hires 2,000 Gen Z Graduates from 200,000 Applications
Originally Published 8 days ago — by Fortune
Bank of America CEO Brian Moynihan announced the bank hired 2,000 recent Gen Z graduates from 200,000 applications, amid concerns about young people's fears of the future due to AI-driven automation and a challenging job market. Moynihan emphasized harnessing AI for growth and criticized overemphasis on the Fed's role in the economy. Meanwhile, experts highlight that Gen Z faces a 'hiring nightmare' with reduced entry-level opportunities and increased automation, leading many to pursue further education to compete.