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Archive Home > 2008 > December > 12 > B of A likely to cut 30,000-35,000 jobs

B of A likely to cut 30,000-35,000 jobs


December 12, 2008

CHARLOTTE, N.C. — Bank of America announced what’s likely its biggest round of layoffs ever Thursday afternoon, confirming plans to eliminate 30,000 to 35,000 jobs over the next three years. Some layoffs are related to the bank’s pending purchase of Merrill Lynch;....

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