News Summary
Broadridge Financial Solutions has informed employees about a significant layoff of 72 workers as it prepares to close its Kansas City facility. The layoffs will start on June 20, with employees offered separation benefits including severance pay and outplacement support. While this represents the first major layoff of the year, further layoffs are expected later in the year, affecting more staff. Broadridge’s operational changes come as part of a broader strategy to consolidate its operations across the U.S.
Kansas City, Missouri – Broadridge Financial Solutions to Lay Off 72 Employees
Broadridge Financial Solutions has announced the layoff of 72 employees as it prepares to close its facility located at 2600 Southwest Boulevard in Kansas City, Missouri. The layoffs will commence on June 20, 2025, marking a significant operational change for the company.
Details of the Layoffs
The facility closure was first communicated by Broadridge in January 2025, indicating a strategy to consolidate operations to other locations throughout the United States. The impending layoffs are expected to be permanent, and all affected employees have already been informed of their job status.
As part of the company’s commitment to support those impacted by the layoffs, Broadridge will provide several separation benefits. This includes outplacement support and severance pay, aimed at assisting employees in transitioning to new job opportunities.
Future Layoffs and Workforce Impact
According to the recent WARN notice issued by Broadridge, this closure represents the first mass layoff of the year. Following the initial round, additional layoffs are anticipated between June and December 2025, which could affect approximately 241 associates and 30 contingent workers within the Kansas City facility.
Employees will be given a minimum of 60 days’ notice before their final working day, allowing them time to prepare for their departure. Moreover, Broadridge is offering relocation opportunities for willing and qualified workers who may seek employment at other company locations across the country.
About Broadridge Financial Solutions
Broadridge operates 16 additional offices in the U.S., along with a main headquarters and numerous international locations. Despite its extensive network, Broadridge has received an F rating from the Better Business Bureau (BBB), which raises concerns regarding its business practices and customer service.
Conclusion
The closure of the Kansas City facility and the subsequent layoffs underline significant shifts within Broadridge Financial Solutions as it restructures its operations to improve efficiency. Employees and community members alike are closely monitoring the situation as the company moves forward with its consolidation plans.
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Additional Resources
- KSHB: Broadridge Financial Solutions to Close Kansas City Facility
- Wikipedia: Business Process Outsourcing
- KMBC: Broadridge Closing Kansas City Office
- Google Search: Broadridge Financial Solutions Kansas City
- Fox 4 KC: Financial Services Company to Lay Off Dozens
- Google Scholar: Broadridge Financial Solutions
- Kansas City Star: Broadridge Closure News
- Encyclopedia Britannica: Layoff
- 101 The Eagle: Missouri Company Closing
- Google News: Broadridge Layoff 2025
