Bank of America announced it is closing the child care centers it provides for its employees around the country, including three centers in Delaware. The centers were a part of the generous benefits package of MBNA, which was acquired by Bank of America. The child care centers were popular with MBNA employees, with the only complaint coming from the lack of openings.
The company, in a letter sent late last week to employees, said it would close the centers operated by Bright Horizons in June “in order to focus on programs that are broadly accessible to employees.” The move came as Bank of America announced it was planning to lay off 16,000 workers by the end of the year, accelerating the implementation of previously announced cost-cutting measures.
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