#chicago

Chicago's Treasurer is proposing to dissolve a decade-old investment fund to recover over $57 million. This move aims to address a significant budget shortfall and prevent potential layoffs of city workers. The fund, established for neighborhood economic development, currently holds idle cash with no outstanding loans. Dissolving it requires City Council approval to bolster the city's main operating fund. This action could significantly reduce the deficit and preserve essential services.

Chicago, Illinois

https://chicagocrusader.com/treasurer-seeks-57-million-to-prevent-city-layoffs/

The Chicago Board of Education is considering placing two nonbinding questions on the November ballot. These questions aim to gauge voter support for new revenue streams for the district. One proposal seeks public opinion on a statewide millionaires tax to fund K-12 education. The other would assess support for taxing undeveloped city land to benefit Chicago Public Schools. The board plans to vote on these referendums this week to meet ballot deadlines.

Chicago, Illinois

https://www.chalkbeat.org/chicago/2026/08/10/chicago-public-schools-board-weighs-two-referendums/

A severe weather alert caused significant disruption for businesses and individuals in Chicago. The tornado warning prompted immediate safety measures across the city. High-rise workers and tourists at Navy Pier were among those affected by the alert. Emergency protocols were enacted to ensure public safety during the storm threat. The event highlighted the impact of weather emergencies on urban environments.

Chicago, Illinois

https://www.nbcchicago.com/video/top-videos-home/how-a-chicago-tornado-warning-impacted-high-rise-workers-navy-pier-tourists/3973917/

Chicago Fed President Austan Goolsbee stated that rising prices are the primary economic challenge for Americans. He noted that labor market indicators show stability, not distress. Goolsbee explained that current employment figures do not reflect a crisis. The Federal Reserve is therefore prioritizing efforts to curb persistent price growth. This focus allows policymakers to address inflation without the immediate pressure of a collapsing job market.

Chicago, Illinois

https://es.tradingview.com/news/stocktwits:f9aa99f12094b:0-inflation-remains-america-s-chief-economic-malady-warns-chicago-fed-s-goolsbee/

The Chicago Board of Education voted to reverse hundreds of layoffs, allocating $100 million from anticipated state funding to reinstate positions. However, Chicago Public Schools officials stated that this amount is insufficient to bring back all affected employees. The district is surveying principals and laid-off teachers to determine critical staffing needs and potential reassignments. While many students will see familiar faces on the first day of school, not all educators will be able to return. The district plans to centrally hire back selected positions based on survey results.

Chicago, Illinois

https://www.chalkbeat.org/chicago/2026/08/12/cps-says-it-cannot-reverse-all-layoffs/

Chicago City Treasurer Melissa Conyears-Ervin has proposed disbanding the $57 million Catalyst Fund. This action is intended to avert mid-year layoffs for police and fire departments. The fund was established to stimulate development in underserved neighborhoods but never attracted outside investment. Conyears-Ervin believes reallocating these funds is a necessary step to address the city's current financial deficit. She argues that protecting essential city services is a greater priority than maintaining the underperforming fund.

Chicago, Illinois

https://chicago.suntimes.com/city-hall/2026/08/10/city-treasurer-melissa-conyears-ervin-proposal-abolish-chicago-catalyst-fund

Chicago Public Schools has announced that all previously planned layoffs are rescinded due to an amended budget incorporating increased state funding. District leadership expressed confidence in meeting payroll and opening schools on schedule. This development follows the Board of Education's decision to hold state officials accountable for underfunding. A coalition of stakeholders, including the union and legislative leaders, is working to secure the necessary revenue. Further details on the implementation of the reversed layoffs are expected.

Chicago, Illinois

https://www.ctulocal1.org/posts/weekly-bulletin-layoffs-reversed-cps-joins-the-team-school-opens-on-time/

Wondering how many took the rolls/ where and how many just said sc--w it

Is it packed, empty, or what.

Why are we still dragging ourselves in three days a week when nearly 80% of the workforce is fully remote anyway? Make it make sense. Moving it to 2 days would literally fix half the morale issues in one swing. Easy!
​And can Chicago offices please get mandatory remote weeks during Taste of Chicago or other local gridlock "natural disasters"? Navigating downtown during major city events is a full-contact sport, and doing it just to sit on useless teamscalls in a cubicle is absurd.
​I know people get pissy when employees come on here to vent, but where else are we supposed to go? The employee survey feels like a black hole where feedback goes to die. I’m putting this out here with the naive hope that someone in leadership actually reads it, gets it, and decides to care for once.

All devs and qa from the Chicago office have been laid off due to restructure

The Chicago Board of Education voted to reject a proposed budget that would have resulted in over 1,000 layoffs. Instead, the board approved a revised plan contingent on $150 million in uncommitted state funding. Board members supporting the amendment argued that mass layoffs would harm students and that the district's warnings were exaggerated. This decision was made despite warnings from district officials that it could lead to an unbalanced budget and financial instability. The vote passed 11-7, with supporters aligning with the Chicago Teachers Union.

Chicago, Illinois

https://www.wbez.org/education/chicago-school-board/2026/07/30/chicago-school-board-approves-budget-that-reverses-layoffs-but-counts-on-shaky-state-funds

Milwaukee Public Schools is actively recruiting educators from Chicago. This initiative comes as Chicago Public Schools prepares to lay off hundreds of staff members. The Wisconsin district aims to hire 200 teachers and paraprofessionals. They are hosting a two-day recruitment fair in Chicago this week. This effort seeks to fill positions with an average salary of $90,000 plus benefits.

Chicago, Illinois

https://www.cbsnews.com/chicago/news/milwaukee-public-schools-recruiting-chicago-teachers/

Mars is closing its Newark headquarters as part of a strategic shift. This move will result in over 300 employees losing their jobs. The company is simultaneously expanding its operations in Chicago. This expansion is a key driver behind the workforce reduction in New Jersey. The company is consolidating its presence.

Newark, New Jersey

https://www.chicagobusiness.com/consumer-products/ccb-mars-wrigley-new-jersey-job-cuts-20260721/

The air is terrible here in Chicago. Why haven't they closed the offices?! They care about our health right? Nope, swipe that badge!

Sprout Social is reducing its staff by approximately 20%, impacting around 260 employees. This decision stems from significant changes in the software industry driven by artificial intelligence. The company has recently focused on integrating AI into its social media management tools. This move aligns with a broader trend of tech companies restructuring due to AI advancements. The company expects to incur substantial pre-tax charges related to this workforce reduction.

Chicago, Illinois

https://americanbazaaronline.com/2026/07/15/sprout-social-to-cut-260-jobs-as-ai-reshapes-software-industry-484641/

Chicago Public Schools has announced layoffs to address a significant budget deficit. District leaders stated that these reductions were implemented after exhausting other cost-saving strategies. The layoffs are expected to save approximately $18 million. This decision comes as the district faces a $732 million budget shortfall. Further details on the number of affected employees were not immediately available.

Chicago, Illinois

https://www.cbsnews.com/chicago/video/cps-announces-layoffs-in-attempt-to-close-732-million-budget-deficit/

Rep for Chicago suburbs here. I’m getting phone calls from 5 different Jewel stores today looking for service. F that. I’m not picking up and leaving my phone on for sh--s and giggles.

Love to see the multimillions being spent on the meetings in Chicago this week.

800+ employees got paid flights/food/hotels/cash & prizes/giveaways.

Good thing corporate and senior leadership makes lots of profit!

Oh wait?

They don't directly generate any income at their levels.

Good thing the Pharmacists and store employees are in the stores getting hours, pay, and benefits reduced to compensate for all their concur expenses.

Employees reading this remember, they don't make any money without you.

One way to hurt them.

Stop pushing vaccines and any other program they are talking to you about.

Your hard work will be celebrated WITHOUT YOU.

Heard the Chicago office was shutting down and some people were fired, offered severance or told to move to Plano or DC. Any confirmation?

Does anyone have access to read this article on HCSC executive salaries? Would love to know what Milton the master of Puppets gets for being on the board. I’m sure it’s far more than what most board members get.
We already know poor Maurice and Big O are overpaid and tanking us.

Groupon, Inc. announced a restructuring plan to become an AI-native company. The plan includes reducing up to 400 positions globally by the end of the third quarter 2026. Pre-tax restructuring charges are estimated at $7 to $13 million, primarily for severance. Annualized payroll actions are expected to generate $20 to $25 million in cost savings. Groupon raised its full-year 2026 Adjusted EBITDA guidance to $75 to $80 million.

Chicago, Illinois

https://www.stocktitan.net/sec-filings/GRPN/8-k-groupon-inc-reports-material-event-1ecafd00d145.html

Starbucks is laying off 300 corporate employees nationwide. This includes staff at regional offices in Chicago, Atlanta, and Dallas. The cuts primarily affect marketing, human resources, and supply chain management. No coffeehouse employees will be impacted by these layoffs. These actions are part of ongoing efforts to cut costs and simplify operations.

Chicago

https://www.msn.com/en-us/money/companies/corporate-starbucks-workers-in-chicago-hit-by-layoffs/ar-AA23vULj?gemSnapshotKey=GMB26B6CAA-snapshot-18&apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

Chicago Public Schools (CPS) plans to lay off hundreds of teachers. This action addresses a projected $732 million deficit for the next school year. Federal COVID-19 relief funds, which previously supported staff, have now ended. The district has also seen a significant decline in student enrollment since 2019. CPS officials are exploring other funding sources to mitigate the shortfall.

Chicago, Illinois

https://chicagocrusader.com/hundreds-of-teacher-face-layoffs-amid-projected-cps-732m-deficit/

The CTA is implementing a new security strategy for its transit system. The agency recently laid off 159 contracted security guards. These guards were employed through Monterrey Security. Funding previously allocated to these guards will now be directed to sworn officers and other security resources. This shift aims to enhance safety for both riders and staff.

Chicago, Illinois

https://wgntv.com/news/chicago-news/cta-prioritizes-safety-with-new-measures-despite-layoffs/

Iron Galaxy Studios has cut an unknown number of roles. The company cited current market conditions for the decision. This follows 66 positions cut by the studio last February. The developer stated it cannot sustain its current team size. It is adapting to what it calls a "new normal" in the industry.

Chicago, Illinois

https://www.gamesindustry.biz/iron-galaxy-studios-announces-further-layoffs-unknown-number-of-staff-affected

any word on when they’ll bring back the temps they laid off a whole bunch at the Chicago location what is the reasoning behind this?

Chicago plant once again making news SSDD.
Who else remembers Hackett’s crocodile tears after the last NYT expose. And his promises that Ford culture would change?

https://www.hcamag.com/us/specialization/employment-law/ford-slapped-with-new-harassment-lawsuit-at-chicago-plant-with-troubled-past/568724

Retired for awhile just wondering if that addrtrss is still an AT&T facility? It was pretty lousy but convenient to train station.

Hearing that Chicago could be a hub. Anyone have any first hand info on it? Also is St.Louis still operational or completely gutted? I still see some folks there

A WARN notice was filed by H&M Fashion USA. This notice outlines plans for 181 employee layoffs. The affected staff work at its downtown Chicago office. The company filed the notice on February 20, 2026. Job cuts will commence on May 7, 2026.

https://whatnow.com/news/trending/multinational-fast-fashion-retailer-to-lay-off-181-employees-in-chicago/

A union has issued a warning regarding impending layoffs across municipal services. These layoffs are specifically expected to impact janitorial staff. The affected entities include Chicago police and fire stations, as well as other city buildings. This move indicates potential job losses for essential support workers within the city's infrastructure. The union's alert signals a significant concern for public service employees in the area.

https://www.chicagotribune.com/2026/02/10/janitor-layoffs-to-hit-city-buildings/

I believe eventually either Saks or Neiman’s will close stores which are located near each other. Atlanta, Chicago, Beverly Hills, Tyson’s corner, and Bal harbor come to mind. It seems like this will be the next logical move. Whichever of the two has lower profits and higher expenses will be closed.

ALLCITY Network conducted another round of layoffs this week, eliminating newsletter positions across its network and reducing coverage of baseball and hockey in several markets.

https://awfulannouncing.com/online-outlets/allcity-network-layoffs-newsletters-baseball-coverage.html

Is CAT digital in Chicago 5 day RTO? Also how is the work culture and work life balance here?

Barnes & Noble will open four area stores in the Chicago area during first half of 2026, with the Loop flagship launching in June. The company opened 58 locations in 2025 and plan 60 more stores for this year.

You read this right. Stankey has a change of heart thanks to a close family member lobbying on behalf of chi-town. Call centers to expand on the northwest side. Field tech training to begin in February. Shred the obit because Chicago is back. RAN team still in flux. Townes to depart in q2 then comes further cons expansions. Happy Days!

Any ideas how long will Chicago and St.Louis continue?

No more ambiguity. I don't have to sit in this he-l hole of a position, worrying about the ax man chasing me anymore. I'm at peace. A chicken with its head cut off.

No but in all honesty, I moved out to Texas from Chicago for the position I worked. This place, no offense to the native Texas folk out here (you guys are generally pretty great), is a fu--ing shithole. I won't dig into the specifics of why, other than I genuinely can't wait to go back up north where you have a better quality of life. I will not miss this place.

I want to acknowledge that I'm aware of the inherent sensitivity to this subject. Not everyone is in an as fortunate of a situation and that's okay. I feel for you too. I grieved this whole ordeal way before it went down because of this site. I can acknowledge not everyone is there and for that, I want to give you nothing but the utmost respect and wish you nothing but the best.