Pnc Bank Layoffs October 2025. US Bank Layoffs 2025 What You Need To Know About The Future Of Banking Jobs This large geographic scope will undoubtedly extend the impact of the workforce reduction into regional economies and communities with large PNC presences, possibly compounding local economic problems even further. In total, PNC is targeting $725 million of 2024 expense cuts, though the layoffs will necessitate a $150 million one-time charge in the fourth quarter
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(AKA PNC) is a Pittsburgh-based financial services corporation The bank boosted that figure to $450 million in July, as Demchak told analysts that PNC would find "opportunities for even further expense improvements across the franchise." "If you look at our costs, right, we're basically down in every category other than personnel," Demchak said during the company's second-quarter earnings call in July, according to the Pittsburgh Post-Gazette .
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(AKA PNC) is a Pittsburgh-based financial services corporation The layoffs came days after PNC agreed to buy a portfolio worth $16.6 billion from Signature Bridge Bank via the Federal Deposit Insurance Corp (AKA PNC) is a Pittsburgh-based financial services corporation
Layoffs 2025 List Ginni Yolande. February 10, 2025: Meta begins global layoffs: over 3,600 employees affected (AKA PNC) is a Pittsburgh-based financial services corporation
PNC economists upbeat for 2025 but keep watch on tariffs, tax cuts Pittsburgh Business Times. Moreover, the layoffs by PNC are anything but one-office affairs, and the job cuts span all PNC locations in the U.S., reflecting the generous reach this bank has across the country The layoffs came days after PNC agreed to buy a portfolio worth $16.6 billion from Signature Bridge Bank via the Federal Deposit Insurance Corp