TCF Financial Corp. Layoffs

Topics regarding layoffs at TCF Financial Corp.

More layoffs coming?

That's what I hear, for 2019. WE had large cuts back in 2018. https://www.argusleader.com/story/news/business-journal/2018/10/08/tcf-bank-layoffs-heres-how-many-sioux-falls-employees-affected/1566774002/ —  read more 

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| 426 views | |
Post ID: @ZnpwzpP

Failure of leadership

There is a management failure at the highest levels in this company. There is no obvious long term strategy for any of the business units at TCF. Management is over matched by Chemical, a smaller and less complicated bank. The number of people that... —  read more 

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| 522 views | |
Post ID: @XKHNoBR

Are layoffs done?

Or can we expect more TCF departments to be hit today or sometime next week? I've been worried about more layoffs for a while now. Considering the situation, it was only a matter of time before the higher ups decided to cut more people. Which is why... —  read more 

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| 701 views | |
Post ID: @XKiJDsb

TCF Equipment Finance Operations Dept layoffs today

Started work this morning and was called into a "mandatory" Capital Solutions update where they promptly terminated my employment, along with many others. After hearing Craig Dahl and Bill Henak spew their b---s--- about not foreseeing layoffs, they... —  read more 

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| 734 views | |
Post ID: @XImpXAz

Merger

I would have thought this board might have some activity today. So you are merging with a bank you never heard of, and they will run it under the TCF brand. The last time TCF did a 'merger of equals' was with a different Michigan bank, Great Lakes... —  read more 

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| 565 views | |
Post ID: @Xmlv61a

Operations Center Closing

TCF has announced that the Operations Center in Sioux Falls, South Dakota is closing and the building will be sold. All employees at that site, 145, will be laid off. The official notification to the state included a statement that team member... —  read more 

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| 599 views | |
Post ID: @V6qlMAY

TCF IT Infrastructure & Operations Layoffs Today

Sixty total, fifthteen in their corporate HQ. Focused in their infrastructure and Operations area. Some very good people impacted. Justification is probably associated with eliminating as many roles as possible not directly tied to their agile... —  read more 

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| 653 views | |
Post ID: @Ubhf2Cj

Layoff at TCF ?

Someone I know was laid off at there one year of service term. Not sure what this means? Is this normal?

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| 588 views | |
Post ID: @Tt5t9Fa

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