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Economy and Business

Cleveland and Cuyahoga County preparing big response to Bank of America layoffs
Jobs assistance official says help from outside the county is probably needed to assist the 1,000 employees 

Kevin Niedermier
In The Region:

Cuyahoga County and the City of Cleveland are responding to the massive layoff announced Thursday by Bank of America. Dave Reines is executive director of the Cleveland/Cuyahoga County Workforce Investment Board.  He says they are preparing to assist the 1,000 employees losing their jobs at the company’s Beachwood and Independence offices Oct. 31.

The board will offer help finding new jobs, and signing up for unemployment benefits, health care coverage and job training. Also, area companies seeking employees with the skill sets the Bank of America employees have will be notified. Reines says the size of this layoff means employment help will likely be needed from outside the county.

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“We’ll probably contact our counterparts in the contiguous counties and the other workforce boards and see if they’ll team up with us to serve this population given its size. And also identifying employers that might be in Medina, Summit or Lake counties that might be looking for this type of employee as well."

Reines says he may also ask the state for extra funding to assist the laid off workers find new jobs. Bank of American has to accept the Workforce Investment Board’s help. Reines expects to receive a response from the company next week.

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