BofA Lays Off 540 Employees in N.C. Mortgage Division -Report

By Dow Jones Business News, 
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Bank of America Corp. ( BAC ) on Wednesday laid off 540 employees in its division responsible for troubled mortgages, the Charlotte Observer reported on its website.

The layoffs, at the bank's offices in Charlotte, N.C., amount to almost two-thirds of the work force at the Legacy Asset Servicing division.

Full story at: www.charlotteobserver.com/2014/06/25/5004026/bank-of-america-lays-off-540-in.html#.U6su77G7z5S

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  (END) Dow Jones Newswires
  06-25-141655ET
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This article appears in: News Headlines

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