In a move to address rising concerns over junior banker burnout, Bank of America has tightened oversight of work hours for junior staff following recent tragedies. The bank has implemented new roles focused on monitoring workloads, while simultaneously laying off approximately 150 junior investment bankers as part of a global workforce reduction. This follows similar actions at other major firms like Goldman Sachs and JPMorgan. As the financial institution aims to balance employee well-being with operational needs, it has also cut specific roles in regions such as Hong Kong. These changes reflect a growing trend on Wall Street to reconsider the intense working conditions traditionally faced by junior bankers.