Comerica to cut 184 jobs at Frisco hub after merger

Comerica notified the Texas Workforce Commission on January 9, 2026, that it plans to lay off 184 employees at its Business & Innovation Hub in the Frisco Star Tower, with the reductions taking effect March 13, 2026. The announcement came days after shareholders approved a nearly $11 billion merger with Fifth Third Bank, a corporate combination that company officials have tied to organizational consolidation.

The Frisco hub was originally announced in 2022 and expected to house about 300 employees. The planned elimination of 184 positions represents roughly 61 percent of that original projected workforce at the site, a substantial scale-back for a single Collin County office. Comerica said it is committed to treating impacted employees respectfully and providing resources during the transition.

Comerica filed a WARN notice with the Texas Workforce Commission, giving roughly 63 days’ advance notice before the March 13 effective date. That timing appears to meet the federal Worker Adjustment and Retraining Notification Act requirement of 60 days for mass layoffs, but regional legal firms and employment advisers said they are monitoring the situation for potential WARN Act issues and advising affected workers on their rights and options.

For Collin County the immediate economic effects will be concentrated. The Frisco Star Tower is part of the county’s expanding office market, and a reduction of this magnitude could affect local commuter patterns, weekday retail spending near the tower and demand for nearby office services. For employees, the cuts will mean an abrupt job-search in a tight labor market that still shows demand in technology, healthcare and logistics across the Dallas-Fort Worth metro area.

The move fits a broader pattern in banking: large mergers often lead to overlap in corporate roles, consolidation of back-office functions and subsequent workforce adjustments aimed at cost savings and integration. With the merger valued at nearly $11 billion, shareholders signaled support for scale-building that typically brings both efficiency targets and workforce realignment.

Impacted workers should contact the Texas Workforce Commission for unemployment insurance and job-search services and check with local community colleges and workforce centers for retraining and placement programs. Legal advisers are also available for questions about WARN compliance and severance rights.

The takeaway? This is a reminder that big-picture bank deals ripple down to neighborhood offices and commute routes. Our two cents? If you or someone you know is affected, start with the TWC and local job resources now — a couple weeks of proactive steps can make a big difference.