Fifth Third Bank Cuts 502 Jobs at Former Comerica Farmington Hills Campus
Fifth Third Bank will lay off 502 employees at its former Comerica campus in Farmington Hills, Michigan. The cuts affect its metro Detroit operations as part of a strategic headcount reduction.
1. Scope and Location of Layoff
Fifth Third Bank plans to cut 502 positions at its Farmington Hills campus, which the bank acquired from Comerica. The layoffs target support and administrative roles at the metro Detroit site and align with Fifth Third’s effort to streamline regional operations and lower expenses.
Related News
TNL
Travel + Leisure Co. Declares $0.60 Per Share Cash Dividend Payable June 30
TNL•
IPW
iPower Cuts Q3 Costs 66%, Narrows Loss to $0.3M, Secures $2.6M Sublease
IPW•
BZUN
Baozun Posts RMB8M Q1 Profit as BBM Revenue Soars 39%
BZUN•
T
AT&T Commits $19 B to California Fiber and 1,200 New Cell Sites by 2030
T•
GOOG
Google, Blackstone Launch $5B AI Cloud JV with 500MW Capacity by 2027
GOOG•
Sources
FF