Source: NTRS Q3 2017 Earnings Call October 18, 2017 (BB speaking) “Now turning to Page 10, as Rick previewed, we would like to spend some time today walking you through a focused expense management initiative that we have launched this quarter which... — read more 

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. ... — read more 

March 15, 2022 https://www.chicagobusiness.com/finance-banking/northern-trusts-layoffs-last-year-hit-us-harder-elsewhere-globally

March 28, 2022 01:38 PM 19 Pay for NT CEO O'Grady jumps 33% Direct compensation for Michael O'Grady was $12 million in cash and stock, up from $9 million in 2020—for a year that began with layoffs and surviving workers being asked to tighten their... — read more 

The WFH era for US employees is now threatened by increased offshoring to cut US costs and to follow managers that are offshoring as fast as possible. NT has offices in about 20 US states but already has a network of 11 offices across Asia-Pacific... — read more 

What have people been hearing? Any validity to the rumors?

I've been in some initial discussions with Northern Trust. Is it a good place to work? Any long-term flexible work arrangements for some roles?

It has begun.

Long before the Pandemic Northern Trust regularly lays off employees especially those who are close to retirement so they don't have to pay any retirement benefits. Don't bank with anyone before finding out how they treat their employees.

The days of ethical practices at Northern Trust are long gone. Today it’s a pit of vipers stabbing each other in the front and the back. I truly feel for those few good souls left standing while Mike O’Grady engineers the sale of the company... — read more 

I have a good friend who was recently laid off after many years and multiple promotions. This is a "good old boys club" and layoffs are not being done with any attempt at fairness - it's who you know and who will cover for you. Also many new "sharks"... — read more 

Go figure how to save 250 million. Cutting resources. It's happening right now. 2018 will be even worse. See This:... — read more 

We knew this was coming, and finally it's here. Over 1,000 people will be laid off by Northern Trust in the following three years. Frankly, the way things have been going here for the last while, i'm surprised the number is not larger. Damn, it will... — read more 

Do you have any updates about rumors on Layoffs for NT for June and July 2017. What's the likelihood they will have job cuts again and if you know, I know it's just a rumor for now until it's published, what levels will be affected. How about... — read more