Layoffs At Bank Of America 2024 Layoffs. America's biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role in our lives. Bank of america has so far avoided making cuts to its dealmaking team as rivals have scaled back.

The layoffs were part of a broader goal to reduce citi’s staffing by 20,000 over the next two years. A bank of america spokesperson tuesday maintained that attrition — not layoffs — accounted for april’s reduction of 1,000 employees, according to american banker.