All three centers were part of a nonbank
subsidiary called BA Continuum that provided back-office,
customer and technological support to divisions such as mortgage
banking and insurance. BA Continuum maintains another location
in India that will remain open.
The Bank of America spokesman said the company wanted to give
the affected employees as much advance notice of the layoffs as
possible to enable them to look for new jobs.
Some of the duties performed by these workers will eventually be
moved to other locations, the spokesman said.
The closures should not have any impact on Bank of America's
capital markets businesses in Latin America, the spokesman
Wednesday's job cuts are the latest in a series at the
Charlotte, North Carolina-based company. Bank of America
employed 242,117 full-time workers at the end of 2013, down 9
percent from the 267,190 full-time staffers it had on its
payroll at the end of 2012.
(Reporting by Peter Rudegeair;
editing by Jan Paschal)
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