#officeclosure

Pittsburgh office will be closing on January 14, 2026. Employees will be allowed to work from home.

Mutual of America Life Insurance Co. has sold its Boca Raton office campus for a combined $23.75 million, paving the way for a major redevelopment.

The 11.7-acre property at 1150 NW Broken Sound Parkway was purchased in two transactions—$16.875 million by Broken Sound Boca LLC and $6.875 million by MBAL Commercial Owner LLC. The buyers are a partnership that includes Ram Real Estate, Butters Construction & Development, and Altman, part of BBX Capital Corp.

Under the redevelopment plan, Ram Realty will oversee the multifamily component, while Butters will take the lead on the industrial portion. The campus currently features a 76,761-square-foot office building occupied by Mutual of America, which has until July 2026 to relocate before the structure is demolished.

Approvals are already in place for a 287-unit apartment community with a seven-story parking garage offering 481 spaces. The residential plan includes 29 affordable units and 15 workforce units. The industrial section is slated for 63,624 square feet of small-bay warehouse and office space across two two-story buildings, along with 136 parking spaces (1)

The sales proceeds will help cover severance packages for the upcoming layoffs and restructuring, and help the company turn its first profit in 8 yrs.

(1) from CRE South Florida**

There are still a lot of stragglers in Winston-Salem, NC. I know the building's being cleared out and sold, but I still don't know many people that have been told anything.

All employees will be asked to move to Amsterdam. Anyone knows more?

The offices are going to be closed tomorrow and Friday! What on EARTH!

Now because Plano is going to close. They threw out a fig leaf. They want to keep flagship open..Taxpayers already bailed it out.

Hope the city council doesn't give more money to this debt ridden company . While legitimate things could occur...I know Nordstrom would never do such and I support them. Even if their stuff is tame. Bloomingdales is looking at this market as ripe besides panned store in Frisco.

I heard from our AVP and SVP today that all of our department’s roles in El Segundo are being made redundant and backfilled to Dallas. So it’s either pack up your bags and join the herd in Downtown Dallas or leave.

Exactly how bad is it down there in Dallas. I hear the commute, parking, and desks are an issue. How does a Fortune 50 company have such major real estate problems?

Old Webroot office in Broomfield has been sold.

Not sure what will happen to staff in the office, maybe RIF or be made virtual

Anyone think whole offices are going to be shut down completely? If so, which ones?

Even the plumbing gods hate RTO. El Segundo office closed today due to no running water. Hopefully the rain expected this weekend will make for a nice long, slow repair process. Doubt it but it would be nice. Great to be to work without distractions and a pointless commute even if it’s only for a day or two.

End of the road for Colorado Springs, the word on street is that it will be closed on12/15. There are a lot more buildings to follow.

When do you guys think we will know lay-off numbers and timing? I am hearing >200 with over 80% of what’s left of The Woodlands office. Anyone else hearing differently?

I have this feeling I’m not long for my current position anymore if that happens. I work under John Blanchards org and we just had a layoff in August. I think I’m being paranoid but since Srini is taking over soon… I just don’t know. The market is brutal now and I’m job hugging like a motherf----rI’m not ready to leave yet.

Has any C-Level exec ever been to the Atlanta office?

I heard the layoffs tomorrow will mostly be at 1515 broadway tomorrow with a goal of closure by March 2026. Can anyone here verify?

Upper management in Bloomington was just briefed this morning by Atlanta and Dallas that due to high costs, low productivity, high absenteeism, non-collaborative local union and unfavorable politics for business, the Minnesota office will be announced 12/15/25 complete closure by end of first quarter for all orgs and work groups at that premise. Facilitating ease is that the current lease shall be terminated 3/31/26 as the new property owner has other plans for the site. All union workers will receive the termination plan per contract and management employees will be advised of their severance pay. Costs need to be cut and the Minnesota location does not align with the company's plans.

Grand opening of the new state of the art office in Dallas may become a big issue for Denver’s neighbors in the cash register building.

Possible that WF will look to relocate/layoff associates and minimize or close that office in the future. Making soon to be let go TIAA Denver associates job hunts more difficult … while also instantly make it even harder than it already is to find that fresh young talent in Frisco at TIAA….

What a tremendous job by TBD and her team of talented executives including puff daddy’s right hand man and the the Texas location “worm in the ear” started by smart people in the late great Herb Alison leadership and his team that was the greatest leadership era of our time before TBD who will only surpass his excellence. (sarcasm)

https://www.credaily.com/briefs/financial-hub-wells-fargo-opens-570m-north-texas-campus/

They go no answers & took no questions on how EMPLOYEES WILL RE-LOCATE.
Brutal - how could they think that this is good for the Company?

There were discussions in the Pennington office about a possible office closure announcement tomorrow. Any one knows if this is accurate?

https://www.bizjournals.com/triangle/news/2025/10/20/ibm-rtp-campus-vacates-office-space-development.html

Around the corner from Red Hat, too.

HP San Diego Closure, the end of an era (the era when HP put employees above stock price).

https://www.linkedin.com/posts/jaymelubben_it-was-bittersweet-to-attend-the-hp-san-diego-activity-7367689036586549249-2l9r/

"The handling of the closure of HP’s San Diego office has been a mess. Some people have received move or exit packages and know their last day and others have received nothing. We are being told that it is with HR and only they know. The site is closing on Oct 31 so the final date is known but nothing else is. Anyone else seeing this? This is really disappointing how badly this is being handled."

https://www.glassdoor.com/Community/job-hunting-in-tech/the-handling-of-the-closure-of-hps-san-diego-office-has-been-a-mess-some-people-have-received-move-or-exit-packages-and-know

It’s been noticed that no jobs are being posted externally in Chatham. Now the rumours are flying that they are going to shut down the office and move us all to London. When is this happening? Can they do that? And what can we do to fight for ourselves?

My husband is a commercial broker and said that he was told that Chevron is shopping their downtown properties. First of all, I did not know we owned the properties and second, if we own, why would we sell now with commercial property so cheap?

There were rumors earlier this year but I am unsure... Please let me know.

I heard from an AVP and SVP that T is exiting out of the LA buildings by early next year. It seems with the DirecTV sell off being completed, the company has no need to maintain office space or further operations there.

Anyone else located in LA hear anything? Are they being laid off and offered severance or told to relocate to Dallas first before that becomes an option? Does it make sense to relocate to Dallas in such an event?

So they just closed down our office in Milpitas, some people found a spot at local yards, others are just WFH until Santa Clara office opens in February of next year. Funny how WFH is only used when convenient for the company.

Walgreens plans to exit its space at Chicago’s Old Post Office, though its headquarters remains in Deerfield, the company confirmed Monday — news that comes shortly after the sale of Walgreens to a private equity firm.

Walgreens will leave the massive, riverfront structure in January, as the company aims to “renew our focus on our stores and customer experience,” said spokesperson Fraser Engerman.

“Our commitment to serving communities across the country begins in our pharmacies and retail locations, and this decision reflects our continued prioritization of those investments,” Engerman said.
Engerman declined to say how many employees now work at the Old Post Office. But Walgreens moved many of its digital and IT employees there in early 2020, making it one of the first tenants in the building after it was renovated into an upscale office property.

Rumors are swirling they are shutting down the building on Wooten in Wilson, NC and moving them elsewhere. Is this true? No one is hardly in the building anymore. Either laid off or WFH.

There is no reason to have so many layers of management in the US for the supply chain group and I'm sure the same applies to other groups like polaris, gbs, emtec.
A prime example of bloat is the COE group in materials management full of people who aren't experts of anything but are the ones making over complex processes that fail and promoting made up savings figures to justify their jobs in houston. Why close our offices in sg and in canada when we have this bloat in likely every organization within XOM. Shame on SG and the VPs with their lies when EMSC was introduced.

I noticed this location appears to be out of scope now for core locations. Are we going pull out of STL?

Word is that a lot of buildings are closing EOY and info went out today. Boston is supposedly on that list … craziness.

I am on vacation in Barcelona and have not seen anything in my email on the San Ramon update. I keep hearing that we are shutting that office down sooner than later but I cant confirm.

If anyone has an update, I would like to hear it. I am on a special assignment for the next 2 years and have not been given a new job or required reporting date to Houston.

Has anyone heard what is happening with the new KC campus? I’ve heard a few rumors that Hagerstown and Coral will close as they have no more tax incentives and employees will be “offered” relocation to KC.

A Denver company that owns and operates residential rooftop solar power systems around the country is laying off 19% of its workforce and closing a local office in a bid to improve its finances.

Spruce Power Holding Corp.'s job cuts affect 40 people, a mix of staff members and contract employees, the company reported.

https://www.9news.com/article/money/business/denver-energy-company-lay-offs-office-closure/73-cd34d0fd-6dec-4033-897f-9d8ea25617e8

Any one else hearing about the office closures and consolidations outside of the west coast?

Is your location impacted or is it just limited to San Diego, San Francisco and Long Beach? Seems strange when we are trying to bring people back to the office to collaborate and share.

Company is so desperate for money that they are closing the Bethpage office Sept 22 to Sept 28, to rent out the parking lot for fan parking for the golf Ryder Cup.

https://m.independent.ie/business/bny-to-shut-its-cork-office-affecting-up-to-200-jobs/a1746064042.html

The yellow Wells Fargo letters have been 100 percent removed from the white James Center in downtown Richmond. A sign (or non-sign) of the times. Call Center next probably closing sooner than later. 🤔