BofA to close printing operation in Mass.

BOSTON – Bank of America Corp. is closing a printing operation in Malden, Mass., and eliminating 150 jobs, The Boston Globe reported.
The bank will shift the work to its sites in Delaware, New Jersey and Texas by April. It will begin laying off the workers next month.
The Malden site handles high-speed printing jobs for customer mailings and inserts, and is no longer needed as more customers choose to “go paperless” with online statements.
The bank will, however, retain its other operations in Malden where it has more than 500 employees. In Massachusetts, the bank currently employs 7,000 people which is 2,000 less than in 2007.
Bank of America said Thursday that it is laying off more than 100 workers in Hartford and East Hartford, Conn., as well.