TransUnion Nearly Doubles Previously Announced Layoffs

Chicago-based credit reporting company TransUnion is nearly doubling its statewide layoffs in Illinois to 640 employees as part of a broader cost savings initiative announced last year.

The company had previously reported that 339 employees would be laid off beginning in February, but now an additional 301 employees are part of the layoffs, according to a filing with the state. Last year, TransUnion announced plans to cut up to $140 million in annual operating expenses by 2026, with the company planning to reduce about 10 percent of its global workforce either through relocation or layoffs.

“As part of that effort, we are transitioning certain roles to our successful Global Capability Centers (GCCs) to improve productivity, save costs and fund growth,” TransUnion said in a statement. Deerfield-based retail and pharmacy giant Walgreens also recently announced plans to close two distribution centers, resulting in the company laying off nearly 700 workers.

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