Bank of America Plows $40M into Workforce Training, Links 86,400 to Jobs
Bank of America invested nearly $40 million in 2025 in workforce development partnerships with over 100 universities, community colleges and 600 nonprofits across U.S. markets. These initiatives connected 86,400 individuals to livable-wage jobs and provided 265,000 people with training in healthcare, advanced manufacturing and technology.
1. 2025 Workforce Development Investment
Bank of America committed nearly $40 million in 2025 to workforce development across U.S. markets, funding partnerships with over 100 universities and community colleges plus more than 600 nonprofit organizations, marking a significant expansion of its skills-first hiring strategy.
2. Program Outcomes and Reach
These investments facilitated 86,400 individuals securing livable-wage jobs and provided 265,000 people with training, education and career readiness programs, targeting key industries such as healthcare, advanced manufacturing and technology to address regional talent shortages.
3. Strategic Partnerships and Initiatives
Highlights include a 16-week culinary program by Second Harvest Food Bank in Central Florida, NextOp veteran transition support in Texas, and paid health internships at Taft College in Kern County, complemented by employee volunteerism and the Leader on Loan placement program.
4. Long-Term Talent Pipeline Benefits
By aligning training opportunities with market needs and collaborating with employers, workforce boards and nonprofits, Bank of America aims to strengthen local economies, close skills gaps and bolster its own talent pipeline for future growth.