Bank of America plans to cut 1000 jobs by the end of October

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Source: cleveland.com
© Scanpix/Reuters
One of the largest U.S. banking corporations is on the way to cut around 1000 jobs in the United States. The biggest of number of layoffs will take place in the Bank of America's branch in Beachwood, Ohio, where more than 950 will be cut. Moreover, almost 150 people will lose their workplaces in other Ohio cities. The bank is going to keep these jobs until the end of October.
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