Fifth Third Bancorp to Lay Off 502 Workers at Comerica’s Farmington Hills Office
SOURCENews reportView the filing ↗
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 in MI as of May 8, 2026.
That is roughly 2.7% of the 18,579 people Fifth Third Bancorp employs.
LayoffTalk has tracked 10 layoff events at Fifth Third Bancorp since May 2026, including 115 jobs documented in official WARN filings, with 9 additional events known from news reporting.
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