The Economic Times

BofA CEO reveals he hired 2,000 recent Gen Z grads from 2,00,000 applications; Brian Moynihan says 'my advice to those kids...'

At a time when AI is being cited as the main reason behind layoffs in tech companies, Bank of America CEO Brian Moynihan revealed that he hired only 2,000 Gen Z graduates from 200,000 applications. He also revealed that if someone asks Gen Z if they are scared about the job market, they say that they are. Brian Moynihan said it is too early to say how AI will play out in the job market.