BOA To Shed 3,000 Jobs Overseas - myfoxcarolinas.com

BOA To Shed 3,000 Jobs Overseas

Posted: Updated:
  • Local NewsMore>>

  • Red Bull Global Rallycross Excites Fans

    Red Bull Global Rallycross Excites Fans

    Saturday, July 26 2014 10:22 PM EDT2014-07-27 02:22:47 GMT

     Thousands enjoyed an up close racing experience at the Charlotte Dirt Track.

     Thousands enjoyed an up close racing experience at the Charlotte Dirt Track.

  • Kayakers, Boaters Clash over Lake Wylie Rights

    Kayakers, Boaters Clash over Lake Wylie Rights

    Monday, July 28 2014 10:12 PM EDT2014-07-29 02:12:46 GMT
    The Lake Wylie Marine Commission held a public hearing Monday night to give boaters and kayakers a chance to air their grievances and voice their concerns. Speed boaters and kayakers have been at odds for over a year as to who should have the right of way in the main channel of the lake near the Whitewater Center and Tailrace Marina.
    The Lake Wylie Marine Commission held a public hearing Monday night to give boaters and kayakers a chance to air their grievances and voice their concerns. Speed boaters and kayakers have been at odds for over a year as to who should have the right of way in the main channel of the lake near the Whitewater Center and Tailrace Marina.
  • Little Acrobats Take it to the Air

    Little Acrobats Take it to the Air

    Monday, July 28 2014 9:48 PM EDT2014-07-29 01:48:26 GMT
    Caroline Calouche Co. is a non-profit organization that teaches the art of aerial dance to the Charlotte community.
    Caroline Calouche Co. is a non-profit organization that teaches the art of aerial dance to the Charlotte community.

Bank of America announced today it would be laying off approximately 3,000 employees over the next year. The Charlotte-based bank will close down operations and technology plants in San Jose, Costa Rica; Taguig City, Philippines; and Guadalajara, Mexico over the next year.

“We review our global operations on an ongoing basis to make the best use of our resources, balance capacity across our sites and simplify our company for our customers and clients around the world,” BOA spokesman Mark Pipitone said in an email.

Pipitone said the company decided to let employees know of the closings early so those affected could begin to look for new jobs.

“Bank of America has a strong track record for helping employees transition to new positions outside our company,” he said.

The company says this won’t impact Bank of America Merrill Lynch, another name for the company’s Global Banking and Markets business. BOA Merrill Lynch serves commercial, corporate and institutional clients in Latin America.

Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices