Employees at Comerica Inc. are experiencing layoffs as a $10.9 billion acquisition is being finalized between the Detroit-founded bank and Cincinnati-based Fifth Third Bank.

Several LinkedIn posts report layoffs from various corporate positions in Michigan and other states.

Tawene Cooper, a former marketing specialist based in Georgia, posted on LinkedIn last week: "Due to the recent merger between Comerica and Fifth Third Bank, my role was unfortunately impacted." And Comerica's director of payments and shared services, Adam Pichler, said in a post that workers at the bank are facing uncertainty as a result of the acquisition.

Others have made posts announcing they are open to work and seeking new roles.

“We are committed to treating all impacted employees with respect and providing resources to support them through this transition," Comerica said in a statement emailed by spokesperson Matthew Barnhart. "Together, Comerica and Fifth Third are focused on building an organization that creates meaningful opportunities for employees and delivers exceptional service to those we serve.”

The acquisition received shareholder approval earlier this month in separate votes by shareholders of the two banks. The deal also received approval from the Texas Department of Banking and an independent bureau within the U.S. Department of the Treasury in December.

In October, Fifth Third announced an agreement to purchase Dallas-based Comerica for $10.9 billion, making it the largest U.S. bank deal of the year. The merger, an all-stock deal, creates the country’s ninth-largest bank and combined the banks under the Fifth Third name with nearly $300 billion in assets.

Comerica has 143 branches in Michigan, with 115 locations in Metro Detroit. Fifth Third Bank has 163 branch locations in Michigan, with 59 in Metro Detroit.Around 76 banks — mostly Comerica locations — are expected to close in Michigan. Specifically, 55 Comerica locations and 21 Fifth Third locations are expected to shut down in the state. Fifth Third said branch closures would not occur until the second half of 2026.

Comerica was founded in Detroit and had its headquarters there until 2007, when it moved to Dallas. The merger requires approval from the Federal Reserve, which is expected to close in the first quarter of this year.

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