Is closing two Cleveland-area locations, laying off a total of more than 1,000 employees who work in home loan fulfillment and consumer banking services.
The Charlotte, N.C.-based firm recently disclosed 543 Fresno, Calif., layoffs; 469 Newark N.J. terminations; 113 Addison, Texas, job cuts; and 411 North Texas layoffs.
In addition, BofA recently notified 209 Upper St. Clair, Pa., employees that they would be let go, while 53 Central Florida employees were recently given pink slips.
The latest casualties involve several mortgage operations centers, including a mortgage fulfillment center in Beachwood, Ohio, that handles Home Affordable Refinance Program production, an impacted employee told Mortgage Daily.
Around 700 employees are impacted by the latest round of job cuts, according to the employee.