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10 Banks With Looming Layoffs

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PNC Financial Services

PNC Financial Services Group (WFC) has been gradually cutting down jobs in various different business operations across the country.

This month the bank announced it is eliminating 58 information technology jobs in Cleveland and 30 jobs at its mortgage-servicing operation in Miamisburg, which is close to Dayton, Ohio.

The bank is also closing a branch near Dayton, but did not say how many people would be laid off, according to The Dayton Business Journal.

"PNC like most other business is constantly evaluating the business needs to make sure our customers are taken care of. From time to time that results in staffing adjustments and changes in our branch network," said PNC spokesperson Amy Vargo. "It is just part of the ebb and flow of our business."

PNC said it is also hiring in other areas of its business.
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