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Bank of America layoffs to hurt Maryland (access required)

Posted: 6:56 pm Mon, September 12, 2011
By Ben Mook
Daily Record Business Writer

Bank of America’s plan to shrink its workforce by 10 percent over the next few years will almost certainly have significant effect on Maryland, given the bank’s presence and stature in the state, analysts said. Bank of America Corp., the biggest U.S. lender by assets, will eliminate 30,000 jobs in the next few years as part ...

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