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UPCOMING · ESTIMATEDPublished May 11, 2026

Bank of America Corporation to Lay Off 3,000 Employees

SOURCENews reportView the filing ↗

What we know

Location: United States.

Based on news reporting.

Summary

Bank of America Corporation has announced plans to reduce its workforce by approximately 3,000 employees across various departments in the United States. This decision comes as part of a broader strategy to streamline operations and improve efficiency amid challenging economic conditions. The layoffs are expected to take place in the coming months, although specific dates have not been disclosed. The company aims to adapt to changing market demands and optimize its resources to remain competitive. This move reflects ongoing trends in the financial sector, where many firms are reevaluating their staffing needs.

LayoffTalk has tracked 10 layoff events at Bank of America Corporation since March 2025, including 170 jobs documented in official WARN filings, with 9 additional events known from news reporting.

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SOURCE
News reporting
View original source ↗

Estimated figure based on news reporting. Not yet confirmed by Bank of America Corporation.

B
Bank of America CorporationBAC
Financials · 213,000 employees
10
EVENTS TRACKED
170
JOBS IN WARN FILINGS
View company profile

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CREATED MAY 12, 2026LAST UPDATED AUG 12, 2026