lays

BofA lays off tech, mortgage workers

Bank of America Corp. is cutting an undisclosed number of technology and mortgage workers in Charlotte and elsewhere. The tech layoffs affect the bank’s global technology and operations unit, while the mortgage-related cuts will occur strictly at the bank’s Charlotte operations. BofA, in an effort to improve efficiencies, has reduced its total employment by more […]

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Wells Fargo lays off 120 in Fort Mill, S.C.

Wells Fargo & Co. has cut 120 call center positions at its mortgage operations in Fort Mill, S.C. The layoffs stem from the closure of Wells’ reverse-mortgage services unit, a move that followed the company’s decision last year to transfer all of the reverse mortgages it had been servicing to another company. Wells, the largest […]

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Lowe’s lays off 125 workers, moves jobs to India

Lowe’s Cos. Inc. is cutting 125 information-technology jobs, mostly from its Mooresville headquarters, and sending many of those jobs to its operations in India. Lowe’s has about 1,000 employees in Bangalore, India. The company is in the middle of an efficiency push that led to the store-level layoffs of 2,400 workers in January and another […]

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