A Bay Area bank closed branches and cut over 100 jobs due to declining in-person visits and a shift to digital banking.

A major bank has closed multiple branches across the Bay Area and eliminated over 100 jobs as part of a broader restructuring effort aimed at reducing costs and adapting to shifting customer preferences toward digital banking. The closures affect locations in San Francisco, Oakland, and San Jose, with affected employees notified this week. The bank cited declining in-person branch usage and increased operational efficiency goals as key reasons for the changes. No further branch closures are planned at this time.