Thread regarding Northern Trust Corp. layoffs

2021 layoff/severance charges totaled $55 million -- Q4 2021 Earnings Call

Q4 2021 Results - Earnings Call Transcript. January 20, 2022

Page 7. ..."the current quarter included $9.5 million in charges related to severance and a pension settlement, while the prior quarter included a $6.9 million pension settlement charge. Also recall that last year's (2021) results included a severance charge of $55 million"

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Post ID: @OP+1go5zx5z

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$55,000,000/500 announced layoffs =$110,000 severance per person? Seems high.

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Post ID: @5sgo+1go5zx5z

how many ppls laidoff for $55 million sevarance in 2021? how much sevarance ppl geting?

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Post ID: @5qkz+1go5zx5z

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