Merrill Lynch (BAC) began handing out pink slips to several hundred employees yesterday in cuts...

|By:, SA News Editor

Merrill Lynch (BAC) began handing out pink slips to several hundred employees yesterday in cuts that are expected to fall across the entire organization. The firings occur ahead of next week's meeting of top brass to review plans that could eliminate tens of thousands of Bank of America’s 288,000 jobs, not counting Merrill Lynch.