What are your thoughts about potential PNC layoffs? Any chatter, news or rumors?

Someone posted that there were 3400 layoffs planned for October, any information for that?

What happened to the CIO?

Are they layoffs going to be planned in the next few weeks?

Considering internal move and was wondering if there is any thoughts on credit risk group?

What’s the word?

Any word on which teams got impacted?

https://tech.co/news/dell-return-office-policy-blocks-remote-promotions

Pnc should keep all the tellers. They are all good and work hard. They should get rid of pnci financial consultant's. They are incompetent and they prey on the elderly and refuse to help when asked. Out with them!

For most areas effective 4/1

There will be announcement later this week that argo teller support is being outsourced and 30 employees supporting teller will be laid off

Feb 1 Ganesh is supposed to be announcing a three days a week in the office expectation.

I am wondering when I will get the money from my employee stock purchase plan. I usually would be able to sell the funds and have the money by now but I don’t have the stocks nor the funds I contributed to the plan. They said 45 days but that seems... — read more 

Thoughts? Any PNC layoffs? Any chatter, news or rumors?

What could possibly go wrong? https://fortune.com/2023/10/17/guild-education-startup-ai-learning-program-frontline-workers/

You know. As I sit here tonight thinking of all of the people whose hearts have been broken but this despicable company , just remember that you are a human. I had a coworker DIE while they were employed by PNC and they didn’t give a fu-k. Life is... — read more 

Are we done for 2023?

I feel sick about the layoffs, but does anyone know if there any actual branches closing?? And I heard about the Jan. 2024 terms too; my advice is to start looking now if you still work there - or - wait and see b/c if you stick it out, you at... — read more 

Just some advice. Most corporations have policies against employees posting company information or discussing corporate business online. This usually includes commenting on the company. The tag may say you are anonymous, but nothing is anonymous... — read more 

Does anyone have any insight as to how they chose who was being let go? It doesn’t seem that managers had a say. It seems almost random?

I was affected by this after 18 years with the bank. Working only salary based averaging 60+ hours a week just to keep your head above water. That’s right, overtime with no pay and no reprieve besides a lay off. Staffing issues was the biggest... — read more 

Curious if there are any good leadership in tech that I could go and work for at PNC?

Getting laid off is never a pleasant experience. Most people have been laid off at some time in their life. It's scary at first but you will find another job. You might even like it more than what you have now. Things usually end up better than you... — read more 

Has anyone seen or viewed the servers be package? I’m wondering what it would consist of as I been here for 15 years.

Why weren’t any executives laid off? They are the most useless pieces of sh-t that make the most money. They seriously bring no value to the bank other than complaining. The employees are the front line to customers and the ones actually... — read more 

Am I the only one who's still stressed out over layoffs? I know it's over but my mind seems to refuse to accept that. It could be because I know it's only a matter of time before the next round or I'm just burnt out in general, but I just can't seem... — read more 

I've been browsing job boards and it's good to see that there are many open positions available in our sector. I'm not sure how long that's going to be true, considering all the layoffs happening here and at our competitors, so I'd advise all of... — read more 

Hi folks. My name is Orla McCaffrey, and I'm a reporter with American Banker. I'm writing about the PNC layoffs. Interested in how the layoffs were done, estimates of total % cut, work environment leading up to layoffs. Happy to chat via text... — read more 

Met with my manager today after getting laid off yesterday. She shared that PNC has a policy where she is not allowed to provide a reference for employees who have been laid off

I quit a few months ago because I was being crushed by the workload. Up and working by 7:30 AM because if I didn’t I wouldn’t be caught up by 9 AM when people got on. Regularly working until 8-9 PM was the norm because we didn’t have enough staff... — read more 

Same CEO dialogue, same layoff reasoning, (hopefully not) the same business plan. Its all about the C-suite getting their bonuses, and stockholders getting their value. Employees be d@mned. They will sleep just fine tonight. You won't. Those that... — read more 

I got laid off along with some teammates. No reason given, nothing describing how they decided on who. I'm selling all my pnc stock and transferring my savings to a b-corp bank with a higher interest rate. PNC made huge profits, records for the... — read more 

Here are the details about today's layoffs. 10% laid off across all sectors If you were invited to the meeting at around 11:30am with a lot other people, you are in the clear for now. If you were invited to an earlier meeting or even 1on1... — read more 

For those who were laid off what did your invite say? Usually when I’m safe from a layoff it’s an “organizational update” but this time I got “employee update” that says “don’t discuss this meeting invite”. I’m wondering if I’m getting laid off... — read more 

Am I the only one who was completely caught off guard by this?

Rumor is they laid off 5% across the board today with no notice

Fu-k u bill demchak and victor principe. Worked 60 hours last week and got laid off on my day off. I hope u both burn in he-l. 5 employees we laid off today

They didn't even tell us how many people are being laid off