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Bank of America added a thousand contractors to fix its software

October 15, 2026
Bank of America added a thousand contractors to fix its software Watch on YouTube

Bank of America brought in a thousand contractors in the second quarter to fix software flaws. When presenting its third-quarter results, CEO Brian Moynihan said they were still working there, alongside 3,000 bank employees dedicated to that area. Repairs continue; the reduction in

Bank of America brought in a thousand contractors in the second quarter to fix software flaws. When presenting its third-quarter results, CEO Brian Moynihan said they were still working there, alongside 3,000 bank employees dedicated to that area. Repairs continue; the spending reduction Moynihan expects has yet to materialize.

Full episode: https://youtu.be/_Q1KLWAOtZ8

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