Officials said the job cuts would be made across the board.
New York state has been hit particularly hard by the job cuts.
They said the job cuts were made throughout the company.
He said the company would cut spending by $2.6 billion, but without more job cuts.
Those were the first job cuts seen in the station's history.
The company said the job cuts would come over the next nine months.
More than half the job cuts will be in Japan.
In the end, 16,000 job cuts allowed the bank to break even.
The job cuts will reduce the company's work force of 1,500 by about 4 percent.
The board is likely to decide on more job cuts.