Elma, NY — A major workforce reduction is expected in western New York after Bank of America announced plans to lay off 170 employees at a facility in Elma later this year, raising concerns about the local economic impact.
According to a WARN notice filed with the state of New York, the layoffs will occur on Wednesday, June 24, 2026, and affect employees working at the company’s location at 611 Jamison Road in Elma. The federal Worker Adjustment and Retraining Notification (WARN) Act requires large employers to provide advance notice when significant job cuts are planned.
The notice indicates that the reductions will impact a total of 170 workers. WARN filings typically provide early alerts to state labor officials and local communities so workforce agencies can prepare job placement assistance and other resources for affected employees.
The Elma site has served as one of the regional operational locations for Bank of America, which maintains numerous banking, customer support, and administrative facilities across the United States. It was not immediately clear which departments or roles will be affected by the upcoming workforce reduction.
Local officials and workforce development organizations often monitor WARN filings closely to assess potential economic impacts and coordinate support services for displaced workers. Programs may include job placement assistance, retraining opportunities, and unemployment benefits for those affected.
Large-scale layoffs at major employers can ripple through surrounding communities, especially in suburban areas where a single workplace may support hundreds of local households. Labor agencies generally work with employers to provide transition resources before the effective date of layoffs.
Additional details regarding severance packages, internal transfers, or potential job placement assistance programs were not immediately available following the filing.
Workers impacted by the layoffs are expected to receive further guidance from the company and state labor officials as the June 2026 separation date approaches.
This article was produced by a journalist and may include AI-assisted input. All content is reviewed for accuracy and fairness.
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