Was told that the next wave of layoff announcements will be hitting in the next 2-4 weeks. You will be told either you are being laid off in 45 days, being laid off in September, or possibly being offered a job.

Cap Fin, speciality and a few location.

Dallas-based financial services company Comerica will lay off 184 employees at its Frisco location as part of a reduction-in-force, according to a notice sent to affected workers. The layoffs will take place at the Comerica office in the Frisco... — read more 

It's unclear how many employees could be impacted. Before the merger with Cincinnati-based Fifth Third was officially approved, data from Downtown Dallas Inc. showed Comerica as one of 19 Fortune 1000 companies based in Dallas... — read more 

This all started with Babb when he move the corporate headquarters to Dallas to spend time with his grandchildren. Then he put Farmer in place and he is totally incompetent at running the organization. Now everyone will lose their jobs and he will... — read more 

Farmer destroyed Comerica, and is riding his golden parachute of $140 million out of the burning carcass. The class action brought by HoldCo that highlights Farmer’s misbehavior and frauds is mind-boggling. We need to take action and join that class... — read more 

Has anyone heard what this means for our jobs?

So I am curious if I just missed it, or perhaps it wasn’t addressed- but where does the other 50% of the donations go if I were to participate in the employee “charity” drive? I was hearing only 50% of donations would go to UnitedWay. I already give... — read more 

Would like to get some opinions of others if you think there will be large layoffs to the the lower stock price.

Just wanted to open a master thread for this... Chime in if you have relevant info.

https://www.ft.com/content/397fb877-a1ec-48b5-841d-d646d2891b47

Highly likely comerica layoffs could start this quarter as per my senior vice president. Detroit metro area

https://www.detroitnews.com/story/business/2023/03/13/comerica-other-bank-stocks-plunge-after-silicon-valley-bank-collapse/70003925007/

If you have been discriminated against by Comerica do not give up the fight. See the case below https://caselaw.findlaw.com/mi-supreme-court/1354987.html

true, and more layoffs in September (it's a rumor, I trust it) Any chance we can get more info on this? At least tell us how reliable your source is? I've been stressing about layoffs for months now. I thought I could relax at least for a while, but... — read more 

The bank sees tech as an afterthought and is unwilling to invest into resources, systems and solutions. The execs have neglected the IT to the point that we are falling behind our competition. Also, the leadership keeps hiring contractors and... — read more 

There have been lots of layoffs in IT operations and engineering this week. It is very depressing. They do not want to fill spots from within and instead use the outsourced contracting firms. Bank has benefited from recent deregulation and rising... — read more 

Happened the end of November. It was about 35. There were only about 350 in IT at the role it happened. Next round in March. They are saying about another 80. They believe that moving to the cloud and "DevOps" means they don't need people. They are... — read more 

During the week of November 13 1000 IT team members will be notified of their pending layoff

Expected and unexpected layoffs occuring thru the end of the year, unsure when it will end

So this will give some people an idea of the department I work in... But one the less... The last town hall we were told that diversity was a problem and that, as we knew (we did?), that they were working to solve "the white problem" and look to... — read more 

Lower management announced September 2. Actual workers September 30. This doesn't include contractors who are going through multiple waves also.

This is public knowledge now and it has been all over the news as massive job cuts and layoffs are looming at Comerica. We are yet another victim of low interest rates and 790 people will be cut, about 9% of the total workforce of almost 8,000... — read more 

Wave 1, contractors, were just announced. Their jobs are going overseas, with more to come. Wave 2, mid-management, is supposed to come around the end of June. Wave 3, employees, is a rumor at this point, but I expect it to be true. Gotta get the... — read more 

All is fine if you are an employee though, tough time for Contractors though - Comerica is not the only bank who plays this job cuts game with contractors

No need to panic, this is one of the best years we at Comerica ever had, we will be expanding and hiring more people, we are growing on all sides, and when people do rumors and spread lies that makes me sick as you are just sharing bad news that have... — read more 

Do you have any updates here, any news on the planned reorg and potential layoffs in the IT Group?

I heard that we might have layoffs later this year and early next year - mostly some branches closing. Overall, I think we are doing pretty well.

I am not sure what's going on right now but I can tell you that 2011 was a bad year and that thousands of people were let go - 2014 may be better than 2013 if looked from the profits perspective, so I would not be concerned at this point in time. At... — read more 

It seems that we go through cycles here at Comerica - we hire, then we fire or lay off. It's unpredictable. You take a look at the careers page and you'll be able to see dozens of open positions at different locations - I just took a look at the site... — read more