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REPORTED · NEWSPublished May 9, 2026

Fifth Third Bancorp to Lay Off 502 Workers at Comerica’s Farmington Hills Office

EMPLOYEES AFFECTED
502
SHARE OF WORKFORCE
~2.7%
EFFECTIVE DATE
May 8, 2026
502 OF 18,579 EMPLOYEES

What we know

Location: Farmington Hills, Michigan.

Based on news reporting.

Summary

Fifth Third Bancorp has announced the layoff of 502 workers at Comerica’s office located in Farmington Hills, Michigan. This decision reflects a significant reduction in workforce as the company adjusts its operations. The layoffs are part of a broader restructuring effort, although specific reasons for the cuts were not detailed in the article. The affected employees will be notified as part of the company's workforce adjustment plan. This move underscores the challenges faced by the banking sector in the current economic climate.

Fifth Third Bancorp cut 502 jobs as of May 8, 2026.

That is roughly 2.7% of the 18,579 people Fifth Third Bancorp employs.

LayoffTalk has tracked 6 layoff events at Fifth Third Bancorp since October 2023, affecting a combined 1,304 employees.

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SOURCE
News reporting
View original source ↗
F
Fifth Third BancorpFITB
Financial Services · 18,579 employees
6
EVENTS TRACKED
2,104
AFFECTED SINCE 2023
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CREATED MAY 9, 2026LAST UPDATED MAY 9, 2026