– PNC Bank has issued pink slips to an undisclosed number of employees this week, in line with its focus on expense management.
– The move comes as the mortgage industry continues to experience challenges, with the current year seeing 2023 as a key year for recovery.
– PNC Bank is one of the largest banks in the United States and has a history of providing mortgage services.
– The bank has been focused on expense management in recent years, and this latest move is in line with that goal.
– PNC Bank has not released any information on how many employees have been affected by the layoffs.

You can read this full article at: https://www.housingwire.com/articles/pnc-lays-off-staff-as-it-focuses-on-cutting-expenses/(subscription required)

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