Navient Corporation announced plans to lay off up to 128 workers from its Fishers corporate office. The company filed a Worker Adjustment and Retraining Notification (WARN) notice with the state on August 4, 2025, detailing the upcoming job reductions.
The layoffs are scheduled to occur between October and June. This action is part of Navient's ongoing efforts to streamline its operations and reduce its expense base, following a multi-year strategic transformation.
The company has been actively divesting non-core businesses and outsourcing services to create a leaner, more focused enterprise. These layoffs contribute to the broader goal of achieving significant expense reductions and enhancing operational efficiency.
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