How many people have been impacted by last week's layoffs?

This is a master thread about Fifth Third Bancorp layoffs? Any chatter, news or rumors?

Look at what's been happening at other banks. There have been huge layoffs in most of the major ones for months. It's not as bad as in tech, but it's getting there. If you think we'll somehow manage to escape this, you need to think again. It's not a... —  read more 

I know realistically that we're probably done for now, but I can't help but feel worried. What happened came as a shock to many of us and now I keep wondering if maybe that was just the first in many more to come. I wish somebody could tell me for... —  read more 

The company laid off about 2/3 of their mortgage staff on 04/28/22. They blamed it on market conditions, which resulted in lower application volume. This is after announcing the company had breaking record profits for 2021. The company is very toxic... —  read more 

I've heard more cuts might be coming, is that happening or not?

Large layoffs 9/23/20, after a large hiring initiative in 4/2020.

Fifth Third is silently laying off people since this summer. CIO wants to replace everyone with GE. The company culture is very toxic, it is favorable to 1. to white base 2. you need to be friends with upper management 3. friends with SLK

Criminals. That’s what we get for hiring leadership from WF and B of A

Discuss if you have something to add or ask a question.

Do you know there is a plan to grow headcount, how many employees currently work here? How about the HQ at Financial Cincinnati?

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 

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 

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.

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.