Recent major layoffs in Massachusetts
Bank of America
Number of jobs affected: 3,500
Bank of America said it plans to cut 3,500 jobs company-wide as it tries to cut expenses and boost its bottom line.
That comes on top of the 2,500 jobs it eliminated earlier this year. Bank of America declined to comment on the prospect of further job reductions or say how many of the job cuts will occur in New England. But Massachusetts will likely be affected because it is one of the companys largest centers of operations.