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PNC lowers plan for layoffs by 100 – NewsObserver.com

PNC Financial Services Group, which is on the verge of completing its acquisition of RBC Bank, has found new jobs for nearly 100 workers in Raleigh and Rocky Mount whose current positions are being eliminated.

The bank is still working on finding new jobs for others who are facing layoffs, PNC spokesman Fred Solomon said Friday. The new jobs found so far would reduce the number of workers slated for layoffs after the acquisition is completed by nearly 16 percent – not counting employees who may have departed on their own.

Last month, Pittsburgh-based PNC disclosed in a filing with the state Commerce Department that it planned to eliminate as many as 621 jobs in Raleigh and Rocky Mount, amounting to about 40 percent of RBC Bank’s workforce in the two cities…

via PNC lowers plan for layoffs by 100 – Economy – NewsObserver.com.

Discussion

One thought on “PNC lowers plan for layoffs by 100 – NewsObserver.com

  1. hippotential's avatar

    This is great news–hope to hear that even more jobs can be saved!

    Posted by hippotential | February 27, 2012, 10:09 am

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