Bank of America plans additional apprentice hiring

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September 24, 2026 5:03 AM EDT

FILE PHOTO: Bank of America's logo adorns the facade of its office in downtown Toronto, Ontario, Canada, September 8, 2026. REUTERS/Arlyn McAdorey//File Photo

Sept 24 (Reuters) - ‌Bank of ​America ​said on Thursday it plans to hire 1,000 ‌additional apprentices over the next ⁠two years, expanding its skills-based hiring ‌in local communities.

• The ‌commitment is on top of the more than 800 apprentices ​the company already hires each year through programs across ⁠its consumer banking, technology and other business ​areas.

• The additional hires will target workers without a four-year ​college degree.

• As ‌part of the initiative, Bank of America will ⁠invest $150 million over five years in workforce development organizations that help ⁠individuals gain job-ready skills and connect with ​employment opportunities, the company said.

• The bank also said the funding would ‌support local organizations, universities, community colleges and nonprofit groups ‌focused on workforce training.

(Reporting ⁠by Saeed Azhar ‌in New ​York and Prakhar Srivastava in Bengaluru; Editing by Vijay ‌Kishore)


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