Bank of America CEO: due to the reduction in the number of employees leaving, the recruitment scale is also shrinking accordingly.

Bank of America CEO: hiring is shrinking due to a reduction in employee turnover. Bank of America CEO Moynihan said hiring was shrinking due to a decline in employee turnover; the company hired 600-700 people in May, less than in the same period in 2022, and the company's spending level has remained stable over the past decade.