Thread regarding Northern Trust Corp. layoffs

Does NT India have more jobs than NT Chicago?

NT India has 5600+ jobs. How many jobs in Chicago? About 4000-5000?

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Post ID: @OP+1hiGthMx

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NT India has almost as many jobs as NT Chicago. NT's Asian offices combined have more jobs than Chicago.

NT has offices in Beijing, Bengaluru, Hong Kong, Kuala Lumpur, Manila, Melbourne, Pune, Seoul, Singapore, Sydney and Tokyo.

Post ID: @ekhc+1hiGthMx

Other property changes
+ NT leased 462,000-square-foot at 333 South Wabash in Chicago

  • NT cut space at 10 South LaSalle where it had about 80,000 SF

Result: NET reduction in Chicago office space of 800-900,000 SF in 7 years.

Post ID: @2wsj+1hiGthMx

Northern's lease terminations in Chicago while jobs offshoring expanded
801 S Canal St (575,000 SF).
231 S LaSalle St (248,000 SF).
118-120 E. Oak St (10,141SF).
840 S Canal St (443,000 SF).

Post ID: @tvu+1hiGthMx

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