PNC Bank will lay off 777 employees at its West Colfax Building. The organization filed a notice under the Worker Adjustment and Retraining Notification (WARN) Act. The move follows PNC’s acquisition of FirstBank in January 2026, which prompted operational restructuring
PNC Bank Begins Consolidation Efforts After Recent Acquisition
PNC Bank filed a WARN notice with the Colorado Department of Labor and Employment. It is a wholly owned subsidiary of The PNC Financial Services Group, Inc. PNC is reducing its workforce, impacting employees at 12345 West Colfax Avenue, Lakewood, CO 80215.
According to the filing, since PNC acquired FirstBank Holding Company, it has begun consolidating operations into a single organization. The layoff of employees in the West Colfax Building is expected to start on June 30, 2026.
The building will not close as the other employees continue to work at the facility. PNC has not disclosed which job positions will be affected in the current filing. Since PNC has acquired FirstBank, services to the FirstBank customers are being transitioned. Their accounts and services are expected to be transitioned under PNC in June 2026.
FirstBank customers will also have access to the extensive PNC network of branches and ATMs in the U.S. The integration will also see FirstBank customers move to the online and mobile banking services of PNC.
A Closer Look at PNC Bank
PNC provides diversified financial services in the U.S., offering everything from personal banking to corporate finance.
In the first quarter of 2026, PNC reported a net income of $1.8 billion and earnings per share (EPS) of $4.13. The data highlights the financial growth of PNC in dynamic economic conditions. The strong performance of the bank is based on the strategic growth direction, operational efficiency, and value delivery to shareholders.
PNC is also focusing on technology to enhance customer experience. The bank is investing in its digital banking services and providing customers with cutting-edge features to control their finances.
As post-acquisition integration proceeds at PNC Bank, the planned layoffs in Lakewood highlight the operational adjustments that often follow major banking mergers.
