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Bank of America to hire 1,000 apprentices and invest $150M in workforce development over five years

Market News
24 Sep 2026
PRNewsWire
View Source
Bullish
Bank of America to hire 1,000 apprentices and invest $150M in workforce development over five years

Bank of America announced plans to hire 1,000 additional apprentices over the next two years, expanding opportunities in Consumer Banking, Technology, and Operations. The bank is also committing $150 million over five years to support workforce development organizations that train individuals with in-demand skills and connect them to career opportunities. This initiative builds on existing efforts to hire people without bachelor's degrees, military veterans, and community college graduates, emphasizing skills-based hiring and long-term career growth. These investments aim to strengthen local economies and prepare the workforce for evolving job demands, including upskilling current employees through internal training programs.

Bank of America shares are trading at USD 56.07 on Pluang as of Sep 24, 2026 18:11 WIB, showing a modest 0.13% increase in the last day. The stock maintains a dividend yield of 2.29%, appealing to income-focused investors. Pluang data shows a strong buy sentiment with 100% of order activity on the platform directed towards buying BAC shares.

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