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
Just wanted to open a master thread for this... Chime in if you have relevant info.
Highly likely comerica layoffs could start this quarter as per my senior vice president. Detroit metro area
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
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
Lower management announced September 2. Actual workers September 30. This doesn't include contractors who are going through multiple waves also.
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
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
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
Do you have any updates here, any news on the planned reorg and potential layoffs in the IT Group?
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
Would like to get some opinions of others if you think there will be large layoffs to the the lower stock price.
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
Expected and unexpected layoffs occuring thru the end of the year, unsure when it will end
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
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
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
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.