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Layoffs Watch '08: MER

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A little more news from the Bank of Amerillwide front lines. Apparently Candace Browning, president of Merrill Lynch Global Research, gave a small update earlier to her employees regarding integration plans. Equity Research will be among the first groups to be integrated, with the combined entity remaining at its current size, and the previously reported layoffs coming in the next two weeks (no word on packages). Sales, trading, and banking will not be integrated until next year.
Earlier: Layoffs Watch '08: MER, BAC, But Mostly MER