General World News

PNC lays off staff as it focuses on cutting expenses 

PNC Bank issued pink slips to an undisclosed number of employees this week as part of its focus on controlling costs. 

“As part of our strong focus on expense management, we have reviewed our organizational structure and have identified an opportunity to better position our company for long-term success. This includes a shift away from work not fully aligned to our strategic priorities and will result in a reduction in staffing levels in certain areas,” the company’s spokesperson said in an emailed statement.

While the spokesperson declined to comment further, an affected former employee’s LinkedIn post showed that details ⇒

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