1/16 Bank of America, 650 more layoffs « Layoffs from the Subprime Crisis

1/16 Bank of America, 650 more layoffs

January 17, 2008

Bank of America Corp. Wednesday announced plans to eliminate 650 more positions, adding to the 3,000 jobs lost last year.

Last October, the bank, headquartered in Charlotte, N.C., cut 2 percent of its workforce after a 32 percent decrease in third-quarter share earnings, Bizjournals.com reported.

Entry Filed under: Financial, Mortgage. Tags: Bank of America, BankAmerica, layoffs.

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