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Layoffs: Wells Fargo, BofA and more

by Maria Woehr  |  Published July 8, 2010 at 1:13 PM
Here is the latest roundup of financial institutions rumored and reported to be laying off.

Wells Fargo & Co. will eliminate 3,800 positions and close 600 consumer finance offices, according to The New York Times.

Bank of America Corp. will axe 50 employees in the Tampa, Fla., by the end of August, according to the Charlotte Business Journal.

FirstMerit Corp. is laying off 119 employees after purchasing Midwest Banc Holdings Inc. from the Federal Deposit Insurance Corp. in May, according to Crains.

Searching for a job? Check our hiring posts or the job opening pick of the day:

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For more hiring announcements, check out our Career Channel or Movers & shakers. Also feel free to leave hiring or layoff tips below.

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Tags: bank | Bank of America | bankers | FirstMerit Corp. | jobs | layoffs | unemployment | Wells Fargo
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