PNC Bank consolidation leads to ~775 layoffs at former First Bank Lakewood HQ
SOURCENews reportView the filing ↗
What we know
Location: Lakewood, Colorado, USA.
Based on news reporting.
Summary
Following its consolidation with PNC Bank, more than 775 employees at the former First Bank headquarters in Lakewood lost their jobs on June 30. Lakewood City Councilor Roger Low is demanding answers from PNC about severance, retention and opportunities for those workers and has threatened to move the city's 20 bank accounts if unsatisfied. PNC said it retained all customer-facing employees and rehired more than 250 technology colleagues, and that severance offers were generally based on years of service and covered up to one year, but declined to provide detailed specifics. The transition has also caused customer service challenges locally, and city officials are considering actions in response to worker concerns.
The PNC Financial Services Group, Inc. cut 775 jobs in CO as of June 30, 2026.
That is roughly 1.4% of the 53,749 people The PNC Financial Services Group, Inc. employs.
LayoffTalk has tracked 8 layoff events at The PNC Financial Services Group, Inc. since April 2026, with 8 additional events known from news reporting.
Comments (0)
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Affected by this?
Share your story anonymously — it helps others reading this feel less alone.
Share your story →More layoffs at The PNC Financial Services Group, Inc.
Recent tracked events at this company.
Recent layoffs in CO
Other companies with tracked events in the same state.