BOA to cut 30,000 jobs

Things are looking grim. Look at bank of america. Planning to cut 30,000 jobs to cut expenses. Workers are seeing that things are getting worse. Expect more cuts in pay. Also, to work less hours soon. Folks, we need more jobs - yes more. However, we will see less soon. What can we now say. Economist are using the "r" word again. Yeah, we are seeing a recession.