herald

Sunday 19 August 2018

BoA jobs cut fears

FEARS are growing for the 1,000 employees of Bank of America (BoA) in Ireland as the group announced a massive cost cutting plan.

Bank of America announced that 30,000 jobs will go as part of a broad restructuring plan.

The cuts, which represent 10pc of BoA's workforce, will be carried out "over the next few years".

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