More than 130 Bank of America workers in the Richmond area are losing their jobs.
Bank of America spokeswoman Nicole Nastacia says most of the 135 layoffs will occur in the card collection department at the company's Villa Park location.
Nastacia says the company will offer affected workers outplacement support services.
The layoffs are effective August 31.
Bank of America attributed the cuts to slowing business in some departments.
Charlotte, North Carolina-based Bank of America has about 2,900 workers in the Richmond area.
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