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Bank of America has 23% fewer branches than 2009

Posted online June 16, 2016 | 11:26 am

Bank of America yesterday reported it now has 23 percent fewer branches and 37 percent fewer workers than in 2009.

The company also plans to cut another 8,000 jobs from its consumer business over time, a person familiar with the matter told CNNMoney.

The layoffs would be somewhat offset by the addition of sales jobs, mortgage loan officers, personal investment advisers and small-business bankers.

Read more from CNNMoney.

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