DALLAS, RICHARDSON - Bank of America will eliminate more than 400 jobs at its Dallas and Richardson offices as it consolidates its Legacy Asset Servicing unit, the company announced.
The Charlotte-based banking giant will cut 87 jobs at its downtown Dallas office and another 324 jobs at the Richardson location for a total of 411 jobs, according to a Worker Adjustment and Retraining Notification (WARN) notice. The layoffs are expected to occur on September 30.
The workers will be offered career transition resources, severance pay and benefits.
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