Bank Of America Layoff News 2024. A bank of america spokesperson tuesday maintained that attrition — not layoffs — accounted for april’s reduction of 1,000 employees, according to american banker. Bank of america has sent “letters of education” to employees who have not been showing up at the office, warning them of disciplinary action, in the latest move from a large.

Bank of america is planning to cut jobs in its investment bank, bloomberg news reported on thursday, which would add the lender to a growing list of wall street firms to that. Headcount at bank of america (bac.n), wells fargo (wfc.n) and pnc financial (pnc.n) declined by about 2,000 jobs combined in the three months ended march 31.