Location: Detroit, Michigan.
A specific layoff date has not been disclosed.
Based on news reporting.
Fifth Third Bancorp has announced plans to lay off approximately 300 employees at its former Comerica campus in Detroit, Michigan. This decision comes as part of the bank's ongoing restructuring efforts. The layoffs are expected to impact various roles as the company adjusts its operations following the acquisition of the Comerica facility. While specific dates for the layoffs have not been disclosed, the company is actively working on the transition. This move reflects Fifth Third's strategy to streamline its workforce and enhance operational efficiency.
Fifth Third Bancorp cut 300 jobs.
That is roughly 1.6% 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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Estimated figure based on news reporting. Not yet confirmed by Fifth Third Bancorp.
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