Any word on mass layoffs in the wealth management area?
Very few people are selling or buying homes in 7% plus interest rates. Do you see something on horizon for Mortgage Employees, both Business and Tech?
40 folks with zero warning.
I was hired by PNC in 2022 as a permanent fully remote position. It was clearly stated that way by HR and the hiring manager. Then after a few months I was told I needed to start working from the office a few days a week. It seemed like a bait... — read more
I am currently going through the interview process for PNC. With any organization there is good and bad, can someone who works there gives specifics on pay in IT, bonuses, stock options, medical, that sort of thing. Looking to get a 20% bump going to... — read more
PNC Financial Services Group Inc. is closing eight bank branches in Baltimore County in what the Pittsburgh-based bank says will be the latest wave of planned closures in 2023. PNC Bank (NYSE: PNC) has filed advance branch closing notices with the... — read more
This thread is for info about potential PNC layoffs? Any chatter, news or rumors?
PNC closing 135 in-store branches across five states PNC has more than 2,600 branches nationwide. It closed 105 during the first half of 2022. In May, PNC began the process of converting 60% of its branch network to a new automated model by the... — read more
The banking industry has been awful for employees for decades and PNC is near the top when it comes to the horrible treatment of its workers. There is a whole world outside of this industry, a much better one, with so many fields where our skills are... — read more
More of my colleagues have left in the last few months than in the last few years. The question is whether the PNC can still keep people from leaving and how? Some are accepting even worse offers and leaving. If I were the management, I would be... — read more
Is PNC planning to do away with branches altogether? It would seem so by the number of closings we've been seeing in the last 3-4 years. If you work in a branch, I'd advise starting looking for a transfer or a new job right... — read more
List of PNC Bank Locations Closing in 2022... The list below is for locations closed in Aug 2020, need a list for 2022 with all locations to be... — read more
Myself and other top talent are looking for safe harbor from the overreact of my current employer. Any word on a corp mandate? This presuming the Federal mandate will be struck down
This place was always lively, now it's depressing as he-l.
Last year everytime I went to my local branch I was met with bank staff that very aggressively tried to sell products and services. They tried to pry personal oinformation from me, sell mortages and other services to a point it was annoying. Now I... — read more
I was able to talk with the executive tarmac about my concerns, but putting daily limits on total spend on my checking account is just plain bad business. Also, your call center needs training on how to handle customer issues. Simply reading... — read more
I think PNC folks in their branches should worry. BBVA has a heavy fan base in their markets. They employ locally. PNC, usually, pays more, so their branch staff are more expensive. I pray no one loses his/her job, unless it's God's will. Which... — read more
PNC is in talks to buy BBVA's U.S. arm, people familiar with the matter said. It would be one of the largest bank tie-ups since the financial crisis.
How many are going to result in layoffs?
List of PNC Bank Locations Closing (August 2020) - Source below - FL - PORT ST. LUCIE - ST. LUCIE - DARWIN SQUARE BRANCH - 3201 SW PORT ST. LUCIE BOULEVARD - - IL - CHICAGO - COOK - STATE & HURON - 700 NORTH STATE STREET - - IN - NEW ALBANY... — read more
Pnc is asking approx 700+ of it's Tellers and Teller Supervisors to consider Early Retirement - This was proposed to them at the beginning of the year and they are given until the end of Feb 2020 to take the offer. Unsure of the next step if the... — read more
It’s a shame that PNC dropped the ball on its mortgage division. Management was so short sighted. They had no idea what do do when quicken loans and rocket mortgage and the lending tree came around. PNC Mortgage was left flapping in the breeze. ... — read more
What's your guess on how many employees the company will have before the end of the year? How about the overall headcount? And headcount at Pittsburgh?
They laid off 5 in the Wealth Management division last week. The shame is that all but 1 should have been the last people to be paid off. “Leadership” in Philadelphia is completely incompetent and should have been the ones t go. Been going on for... — read more
Share any updates you may have about PNC Layoffs 2020? Any news or rumors?
PNC just laid off half mortgage processors from all mortgage processing centers
Post any information about potential or actual PNC Layoffs in 2019?
What do you think will happen in 2019?
It looks like the banking sector is nearing another crises, judging by all the layoffs going around. Now PNC is laying off nearly a hundred employees from the Customer Care Center in Columbus. I've been noticing more and more similar announcements... — read more
Do we know if that was it for layoffs or should we expect to see more take place next week? This is not going to be a fun and stress free weekend that's for sure, without knowing for sure that no more layoffs are coming in the following days. Good... — read more
After 22 years with the bank, PNC started closing branches around my branch. They were merging another branch with my branch and told my employees that they should get a job elsewhere. I was the branch manager. Suddenly, just before the merge, I was... — read more
47 jobs were lost at Brecksville facility very poor media coverage - could have been handled much better
If you look at things carefully, you may notice that many folks are leaving and there are rumors about layoffs in Pittsburgh.
On what side of the bank are the layoffs happening? I left PNC in 2011 and I hard that they are cutting again. They always lay off people. I am thinking that the mortgage side has slowed down with interest rates going up and that on the banking side... — read more
Pnc Bank is a terrible place to work. I worked there for eleven years and all they're about is money. They take money from their employees and their customers. They charge customers $5 for money orders, $10 for cashier's checks and charge... — read more
PNC, like all companies in the world, are always looking for ways to make the customer experience better while more efficient. The difference is that PNC gives those employees displaced during the process a choice of relocating to another department... — read more
PNC keeps pushing sales goals up to unattainable levels, to the point where they are practically impossible to reach. To even attempt it, we are forced to call our own customers over and over to a point where it nearly becomes harassment. I wouldn't... — read more
For all folks who are saying things are all milk and honey here is a quick PNC layoff update - For over seven years I worked for Atlanta Lock Box. I was a stellar employee, I liked my job and I was getting great feedback all the time. I was... — read more
Worked at PNC for over 10 years. At some point, with accumulated experience I was training other folks in branches - they've kept me in capacity for about 18 months... Be aware, number of branches will go down - things are being automated. The bank... — read more