Bank of America plans to lay off up to 8 you. employees from retail banking, according to The Financial Times, citing informed sources.
First of all, the cuts will affect back-office, said RNS.
At the same time, the Bank expects to increase the number of “salespeople” — including specialists in mortgage lending, servicing small businesses and consultants on personal investment. As a result, the state will be reduced, but less dramatically — by several thousand people, sources indicate.
Since 2009, Bank of America reduced the staff by 40 thousand to 68 thousand 400.