
Bank of America Corp said on Thursday it plans to cut up to 35,000 jobs over the next three years.
Highlights:
* Says expects to have a final plan early in 2009
* Says reductions are coming from both companies and affect all lines of business and staff units
* Says reductions to eliminate redundancies due to merger with Merrill Lynch and reflect current recessionary environment
* Says continues to actively originate loans through all of its credit product lines
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