Bank of America laying off 1,500
601928
NEW YORK (CBS.MW) -- Bank of America is planning to lay off hundreds of tellers and other branch staff at FleetBoston banks Wednesday and will ask them to leave the building immediately, the Boston Globe reported, citing bank managers and documents sent ...
183078
Bank of America Corp  on Wednesday said it planned to eliminate 3,000 jobs, and shook up its corporate and investment bank after a dismal quarter at that unit led to a 32 percent drop in overall profit.
375816
Bank of America has an option to cut at least 4,500 jobs while reorganizing its structure. This is not the first time when the bank reduces jobs.
680762
Bank of America Corp  on  Wednesday said it planned to eliminate 3,000 jobs, and shook up  its corporate and investment bank after a dismal quarter at  that unit led to a 32 percent drop in overall profit.
99112
As expected, Yahoo Inc  began carrying out lay-offs up to 1,000 employees on Tuesday, as part of job cutbacks announced last month, several employees at the company's headquarters said on Tuesday.
293047
The Bank of America Corporation said yesterday that it would cut an additional 4,500 jobs from its ranks, beginning this month, as it simplifies operations.
712972
Financial companies slashed 52,500 jobs from July to December 2007, revealing how badly the subprime debacle has hurt these employers, but such companies based in New York City hired 1,900 people during that period, a new report said on Wednesday.
218805
Battered by a downturn in the housing market, the company is laying off 500 workers at its headquarters in Atlanta, or about 10 percent of its work force there.
149837
Merrill Lynch & Co  plans to  announce about 1,600 layoffs after disclosing fourth-quarter  write-downs, CNBC reported on Thursday.
661214
Bank of America said Thursday it will cut about 4,500 jobs, or about 2.5 percent of its work force, beginning this month as a result of its merger with FleetBoston Financial Corp.
215816
CHARLOTTE, NC - Bank of America said Thursday it will cut about 4,500 jobs beginning this month as a result of its merger with FleetBoston Financial Corp.
213992
BOSTON -- Bank of America, which was sharply criticized after it cut jobs at former Fleet branches here, said Friday it plans to move an additional 300 jobs from its Wealth &amp; Investment Management businesses to Boston.
135995
The Co-op is set to make 1,000 staff redundant from its financial services arm, a report says.
18662
(InfoWorld) - IBMÂ laid off 1,573 employees WednesdayÂ as part of a continuing overhaul of its services unit, the company said. Most of the layoffs came from IBM's services unit and most from North America, said Edward Barbini, a company spokesman. The layoffs were part of a restructuring effort the company announced during its first quarter financial results presentation in April. During the earnings calls, IBM CFO Mark Loughridge said the company needed to address the cost of its services unit in North America. "We said then we were going to do this," Barbini said. Based on past layoffs, about 20 percent of those laid off Wednesday will find other jobs at IBM, Barbini said. At the end of 2006, IBM had about 355,000 employees. According to union leaders, IBM laid off more than 1,300 people from its global services division earlier this month.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
358829
US investment bank Lehman Brothers says it will cut 1,300 jobs as its scales back its US home loan business.
337534
Temple-Inland Inc. (TIN.N: Quote, Profile, Research) , a maker of packaging and building materials, on Monday said it will lay off about 1,500 employees as it repositions its mortgage
135498
Bank of America Corp , the second-largest U.S. bank, on Wednesday said it plans to eliminate 3,000 jobs, and that the head of its corporate and investment banking unit will depart after a dismal quarter led to a 32 percent drop in quarterly profit.