Thread regarding Northern Trust Corp. layoffs

Q1 2025 severance-related layoff charges $50 million?

Down from 2Q24 $85.4 million severance-related charges

Gotta stick to the 5% total annual expense growth target.

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| 711 views | | 3 replies (last May 20, 2025) | Reply
Post ID: @OP+1jtt6chck

3 replies (most recent on top)

This was pretty brutal. Chicago office mostly hit middle managers.

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Post ID: @1te+1jtt6chck

chicago impact?

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Post ID: @1ps+1jtt6chck

how much in India? breakdown?

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Post ID: @14n+1jtt6chck

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