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PNC Plans Up to 777 Layoffs at Former FirstBank Lakewood Headquarters

The cuts reflect role overlap from the FirstBank integration, with customer-facing jobs kept in place.

Overview

  • PNC’s state filing says about 777 jobs at the former FirstBank headquarters in Lakewood would be eliminated starting June 30, 2026.
  • The notice describes the reductions as permanent and says the affected employees are not represented by a union.
  • PNC says it will keep customer-facing staff and is urging impacted workers to apply for open roles, and the Lakewood office will remain open during the transition.
  • Customer accounts and branch systems are set to shift to PNC in mid-June as the integration continues through the summer.
  • PNC bought FirstBank for about $4.1 billion, added roughly 120 Colorado branches, and has recorded $98 million in integration costs toward about $325 million expected in total.