Report: Bank of America to lay off Fleet workers
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BOSTON A published report reveals that Bank of America plans to lay off hundreds of tellers and other branch employees at Fleet banks today.
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Bank of America Corp. yesterday laid off hundreds of workers at Fleet bank branches across the Northeast as the North Carolina bank began to implement its brand of ...
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Bank of America Corp. , the No.  2 U.S. bank, on Friday said Chief Financial Officer Alvaro de  Molina will resign at year end after just 16 months in the job.
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Computer Associates International Inc. (CA.N: Quote, Profile, Research) will lay off about 5 percent of its work force in an attempt to cut costs, the Wall Street Journal reported on Wednesday.
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Merrill Lynch & Co  plans to  announce about 1,600 layoffs after disclosing fourth-quarter  write-downs, CNBC reported on Thursday.
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Bank of America said Thursday it will layoff 4,500 employees as part of the companyâs ongoing integration of FleetBoston Financial.
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Bank of America Corp. said yesterday it will slash 3,000 jobs from its workforce of nearly 200,000 and move its top Boston executive to New York to take over the company's troubled investment banking unit.
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DaimlerChrysler AG, the world's largest truck maker, is preparing to lay off 4,000 workers in North America because it expects sales to slump next year.
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Computer Associates International Inc.  CA.N will lay off about 5 percent of its work force in an  attempt to cut costs, the Wall Street Journal reported on  Wednesday.
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Merrill Lynch & Co  plans to announce about 1,600 layoffs after disclosing fourth-quarter write-downs, CNBC reported on Thursday.
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DaimlerChrysler AG   could lay off up to 16 percent of the workers in its North American truck operations next year due to an expected downturn in demand, the head of the automaker's truck operations said on Monday.
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Citigroup Inc.  could make as much as $24 billion in writedowns and lay off 20,000 workers as part of a plan to cut costs and boost capital, CNBC said on its Website in a report dated on Sunday.
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CHARLOTTE, N.C. -- After a tough third quarter, Bank of America Corp. has become the latest bank to slash jobs due to poor results brought on by the unrest in global credit markets.
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Bank of America Corp. has closed eight offices of FleetBoston Financial Corp.'s brokerage arm, Quick &amp; Reilly, as it prepares to merge the operation with its own brokerage, a spokesman said. Quick &amp; Reilly, which will change its name to Banc of America Investment Services Inc. in October, had about 100 US offices and operations in Fleet's bank branches. Bank ...
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Bank of America Corp. plans to lay off hundreds of tellers and other branch employees at Fleet banks today, asking them to leave the building immediately as part of the process, according to documents obtained by the Globe and Fleet branch managers told of the decision.
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The axe has fallen. Bank of America said it will eliminate 3,000 jobs following its announcement last week of a huge drop in earnings for the third quarter. Most of the layoffs will come from its investment banking unit. BofA also said it was starting a strategic review of its investment banking business, raising [...].
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An association of community bankers say they are &quot;concerned&quot; about Bank of America Corp.&#39;s decision to move FleetBoston Financial&#39;s small-business banking unit to Charlotte, NC, from Boston and lay off hundreds of branch workers.