Thread regarding Northern Trust Corp. layoffs

Over 57% NTRS jobs now offshore (as of 12/31/2021, SEC FORM 10-K)

SEC FORM 10-K For the fiscal year ended December 31, 2021
Page 15.
"Northern Trust employed approximately 21,100 full-time equivalent staff members as of December 31, 2021. The regional breakout of our workforce is 43% North America, 39% Asia-Pacific region, and 18% Europe, Middle East, and Africa."

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The decline in NT Chicago jobs is shown by office leasing. NT terminated leases at 801 S Canal (575,000 SF) and 231 S LaSalle (248,000 SF) to consolidate at 333 S Wabash (462,000 SF). This cut office space by 361,000 SF. At the same time, space and staffing in Asia increased.

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