Fifth Third to Cut 502 Jobs at Former Comerica Campus After Merger

Context Fifth Third Bancorp completed its merger with Comerica Inc. earlier this year, creating the nation’s ninth‑largest bank with roughly $294 billion in assets. The deal added Comerica’s former Great Lakes campus in Farmington Hills, a 340,000‑square‑foot facility that opened in 2024 and once housed nearly 2,000 staff. While the merger expanded Fifth Third’s footprint in Michigan, overlapping networks of branches and corporate functions made redundancies inevitable.

Key Facts - The bank filed a state WARN notice indicating that 502 employees will be permanently laid off at 36455 Corporate Drive, the former Comerica address. - Layoffs are scheduled to occur from July 1 through November. - Fifth Third said it regularly reviews operations to “optimize our organizational structure” and align staffing with “future business needs.” The statement emphasized a focus on long‑term growth and sustainable profitability while creating “meaningful opportunities for employees.” - The company has not disclosed which roles or departments will be affected. - Earlier merger announcements promised to keep the Farmington Hills campus open, and a separate plan named Detroit’s One Campus Martius as the Michigan headquarters, with additional regional sites in Birmingham, Auburn Hills and other locations.

What It Means The job cuts reflect the practical challenges of integrating two large banks that previously competed for the same customers. Analysts had expected some workforce reductions as duplicate functions are consolidated. The layoffs also signal that Fifth Third is prioritizing a leaner corporate structure before pursuing further branch closures, which are not slated until the second half of 2026. For the affected employees, the timing offers a window to seek new roles within the combined organization or elsewhere in the region’s robust financial services market.

Looking Ahead Watch for announcements on branch consolidations in Michigan and how Fifth Third’s revised staffing model impacts its growth strategy in the coming year.