Fifth Third Bank is closing 44 branches in the Chicago area next month in the wake of its $4.7 billion acquisition of MB Financial. Nearly 1 in 5 locations of the combined bank will close on July 9 and 10, Fifth Third spokesman Larry Magnesen said... — read more
Topics regarding layoffs at Fifth Third Bancorp
I feel sorry for the folks losing their jobs, but at least it's not us this time... The Cincinnati, Ohio-based bank, which last month completed its merger with Chicago's MB Financial Bank, plans to let go 470 workers from two MB Financial corporate... — read more
This time the bank is cutting 87 people in Ann Arbor. So I guess the MB Financial acquisitions remains the gift that keeps on giving. I have a feeling that Fifth Third will use that as an excuse for more layoffs for years to come, even if we all know... — read more
Make a prediction and tell us what you think about Fifth Third Bancorp Layoffs in 2019 -- Thoughts??
9/18/18 news article says merger approval has happened and some jobs will be cut but it didn't specify. What positions are most at risk? When will they be cut?
i'm not surprised layoffs were needed. we've been going downhill for quite a while, this is just natural extension of that. when's the last time our equipment has been upgraded? i can't remember, and i've been here for a while. for a long time pay... — read more
I was not among those laid off but I almost wish I was. This used to be a good company, but things changed drastically in the last decade or so. Unethical treatment of employees and even customers by some of the managers has become the norm. Ethics... — read more
I'd really like to know who made the decision on who will be laid off and based on what criteria. At my location we lost some of our best people who have been with the company for decades. Where is the logic in this? Do they not see that saving money... — read more
There are layoffs happening across the company. Some people I know have worked at the bank 30 years are being laid off in some IT departments near me. Management meeting indicating that the company is re-organizing across all areas.
Unstable company, especially in the parts of the business that they say matter most.
Announced to employees moments ago. Unsure of the exact numbers. — read more
I have a friend who is interested in applying here
Now, let's try to predict or forecast if we might have job cuts in Cincinnati.
What is the likelihood of Fifth Third Bancorp layoffs in Cincinnati in 2016? Please let me know if you have any information.