Thread regarding PNC layoffs

Cheaper parking at an expense!

Started back to work and thought I’d take advantage of $5 North Shore Parking with a shuttle to and from downtown Pittsburgh. Because I don’t have the extra money to spend like most of us. What a bust. Shuttles weren’t running every 15 to 20 minutes as promised but rather an hour to an hour and a half long. So much for that. Got into the office and the majority of the floor was empty. Why did I bother? No work got done. I’m sure we are going to see productivity plummet. Wasn’t approved to work from home to be with my epileptic child. Job well done, Bill.


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| 3 views | | 7 replies (last May 5) | Reply
Post ID: @OP+1kqtd9cfz

7 replies (most recent on top)

My floor had several people who did not know a SOUL. Had no clue why their desk was where it was, and nearest relevant teammate was in a different state. Felt sorry for one guy… he was intimidated and obviously had never been in an office tower environment. Did we give these folks any “what to expect” kind of prep??

Also a few who “had a meeting” and therefore didn’t come in at all.

What a joke.

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Post ID: @ce+1kqtd9cfz

It’s becoming increasingly difficult to ignore the direction things are heading. With salary increases this year ranging from 0–1%, combined with return-to-office expectations, rising parking costs, and ongoing safety concerns in downtown Pittsburgh, it’s starting to feel like the cost of working at PNC is outweighing the benefits for many employees.

Morale and culture are at the lowest point I’ve seen in my 15 years with the company. There was a time when PNC truly stood out as a place that valued and supported its people. Lately, however, the focus feels almost entirely driven by numbers, with employees increasingly treated as just that—numbers.

If these trends continue, it raises real concerns about sustainability. Many employees may soon find that they simply can’t afford to stay, not just financially, but in terms of overall well-being and job satisfaction.

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Post ID: @at+1kqtd9cfz

@a7 um yah. Thought of. Do you have some secret parking or maybe free parking others don’t know of? No cost of living adjustment there for a MAJOR change in wor exoectations.

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Post ID: @a8+1kqtd9cfz

What about the bus, train, or car pool, just a thought!

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Post ID: @a7+1kqtd9cfz

@a4 oh lookie lookie..,,
PNC Financial Services Group CEO William Demchak has historically focused on balancing expense management with strategic investments for growth, rather than simple bottom-line reduction.Key points regarding Demchak's approach to expenses and strategy:Balanced Approach: While often focused on costs, Demchak has stated he will not "shortchange the growth trajectory" of the company to meet short-term expense goals.Cost-Saving Measures: In 2020, PNC announced plans to close 280 branches by the end of 2021, using the savings to invest in digital infrastructure.Continuous Efficiency Efforts: In late 2023, Demchak teased a new savings program aimed at 2024 to combat high interest rates and increased funding costs.Strategic Growth Focus: Demchak has prioritized growing the business and expanding the bank's footprint in the U.S. over just cutting costs.Demchak generally focuses on reducing expenses in traditional banking operations (like branch closures) to reinvest in technology that supports long-term profitability.

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Post ID: @a6+1kqtd9cfz

@a4 And cr-ppy dominoes pizza for lunch. Funny thing though. So many pizzas ordered for so many people expected to come in. Yet, th majority of people didn’t show up. Huh.

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Post ID: @a5+1kqtd9cfz

But but but free donuts!!

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Post ID: @a4+1kqtd9cfz

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