Job cuts coming at BOA
By AP/Gerace

Bank of America says there will be job cuts at its Delaware-based credit card division because of organizational changes.

WDEL's Frank Gerace reports.Audio Here

Bank of America spokeswoman Betty Riess confirmed Monday that there will be staffing reductions at the company, which is based in downtown Wilmington and has operations outside Delaware.

In March, BOA said it had about 7,000 employees in the state, including those at credit card services. Riess would not say how many workers would be cut or where.

She did say Bank of America will make some reductions through attrition and not filling open positions.

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