Bank of America Plans Layoffs in Henrico, Norfolk

By: News Staff Email
By: News Staff Email

January 26, 2014

RICHMOND, Va. (AP) - Bank of America Corp. is cutting more than 100 jobs in Henrico County and Norfolk.

Bank spokeswoman Jumana Bauwens tells the Richmond Times-Dispatch that the layoffs include 103 workers at the Villa Park campus in northern Henrico County and 15 workers in Norfolk.

The workers are employed in mortgage operations.

Bank of America and other banks have been dealing with fewer delinquent loans and fewer mortgage refinancings.

Bauwens says the bank had to retool and adjust its workforce. She says 540 workers at the Villa Park site will transfer to the banking side of credit and consumer deposits.

She says the bank is working to identify opportunities inside and outside the bank for workers being laid off.


The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we ask that you follow our rules for commenting. E-mail is required to comment on a story, but it will not be displayed with your comment. For complete rules, CLICK HERE. The Newsplex reserves the right to not post or to remove any comment.
powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 242101201 - newsplex.com/a?a=242101201
Gray Television, Inc.