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Texas bank Comerica to cut 184 Frisco jobs as merger advances
Summary
Comerica filed a WARN notice saying it will lay off 184 employees at its Frisco Star Tower location, with the reductions expected to begin March 13, 2026. The notice came as Comerica moves forward with a proposed merger with Fifth Third Bank and did not detail which roles would be affected.
Content
Comerica Bank filed a notice with the Texas Workforce Commission announcing a reduction-in-force at its Frisco office this spring. The letter, dated Jan. 7, says the layoffs will begin March 13, 2026, at the Frisco Star Tower facility. The filing was signed by senior executive Megan E. Burkhart and copied to Frisco Mayor Jeff Cheney. The notice did not specify which roles would be affected or whether severance, relocation or internal transfers would be offered.
Key details:
- Comerica submitted a WARN notice to the Texas Workforce Commission reporting a reduction-in-force at its Frisco Star Tower site.
- The notice states 184 employees are expected to be laid off, with the action beginning March 13, 2026.
- The filing was dated Jan. 7 and signed by Megan E. Burkhart; it did not list specific roles or note severance or relocation plans.
Summary:
Comerica's notice confirms planned layoffs at its Frisco office as the bank advances a proposed merger with Fifth Third Bank. The company has said it is evaluating staffing needs related to the deal, and the layoffs are scheduled to start March 13, 2026. Details about which positions will be affected and whether affected employees will receive severance, relocation or internal transfer offers were not specified.
