BBVA Compass cutting jobs over next two years - ABC 33/40 - Birmingham News, Weather, Sports

BBVA Compass cutting 400-600 jobs over next two years

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BBVA Compass is eliminating 400 to 600 positions over the next two years and 75 percent of the cuts will be made in Birmingham. (abc3340.com) BBVA Compass is eliminating 400 to 600 positions over the next two years and 75 percent of the cuts will be made in Birmingham. (abc3340.com)
Birmingham, AL -

BBVA Compass is eliminating 400 to 600 positions over the next two years and 75 percent of the cuts will be made in Birmingham.

The bank says it will try to move the workers to different jobs within the company or help them find employment elsewhere.

A review of workflow and job functions will start next month in an effort to determine where outsourcing opportunities are available. Currently Xerox and Accenture are the primary outsourcing partners.

BBVA Compass will remain in Birmingham, the home to nearly a quarter of the bank's workforce.

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