Bank of America says it will hire 1,000 additional apprentices over the next two years and also plans to invest $150 million in workforce development across the United States. The bank says the expanded effort builds on an existing apprenticeship program in which it already hires more than 800 apprentices each year.
Quartz reports the new hiring and investment broaden the program into areas including consumer banking, technology, and operations. PYMNTS similarly describes the announcement as a scale-up of Bank of America’s apprenticeship efforts, tied to the added commitment for workforce development. Both outlets present the expansion as part of a longer-term push to grow apprenticeship capacity while funding training activities. They do not identify changes to program structure beyond the increased hiring totals and broader business coverage.
