Bank of America warned state regulators Friday that it expects to lay off 55 employees in Baltimore County.
The company said the cuts at its McCormick Road location in Hunt Valley, where employees process customer transactions, would run from Nov. 30 through Jan. 31. Workers could be eligible for severance pay and assistance finding a new job, the bank said.
"We continually evaluate our operations and look for ways to better deliver for our customer/clients," Nicole Nastacie, a Bank of America spokeswoman, said by email. "These necessary activities sometimes result in moving work across our footprint."