Intercontinental Exchange
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Intercontinental Exchange layoffs: 92 workers · WARN in MI · Mar 17, 2020
Latest WARN names 144 workers in MI.
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Latest WARN notice: Michigan, 144 workers, layoff date Mar 17, 2020.
Michigan unemployment is listed at up to $362 a week for 20 weeks. No waiting week is listed.
File in MichiganBenefit amounts are published estimates. Confirm the current rule with the state.
13.0K
$172.31
▼ 0.97%
-92(0.7%)
announced Sep 16, 2026
24
announced Mar 17, 2020 · MI · 144 affected
High
H-1B base pay
Oct 2025 – Jun 2026$109,300
Median base · 110 filings
Middle half of filings
- Software Developers44$130,800
- Software Quality Assurance Analysts and Testers25$97,400
- Network and Computer Systems Administrators9$85,300
- Database Administrators6$127,900
Atlanta, GA (97) · Jacksonville, FL (4) · New York, NY (4)
Base wage on public H-1B filings, filed as Intercontinental Exchange Holdings, Inc.. Stock and bonus are not included. U.S. Department of Labor, LCA disclosure
AI Layoff Impact Summary
AI-poweredIntercontinental Exchange announced layoffs on Sep 16, 2026, affecting 92 employees (0.7% of workforce). WARN filings indicate 24 active notices. High risk of additional layoffs in the near term.
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396 layoffs confirmed - severance details?
Just saw the WARN notice for the 396 headcount reduction officially posted. It’s brutal. I know a few people who were caught up in this and it sounds like the communication was handled just as poorly as you’d expect from corporate. Has anyone managed to get specifics on the severance packages being offered for this round? I’m hearing conflicting reports about whether it’s standard or if there’s a tiered system based on tenure. I’m currently safe, but after seeing the scale of this, I’m questioning if the loyalty is even worth it. It feels like ICE is shifting toward a model where permanent staff are just placeholders until the next quarterly adjustment. If you’re one of the folks impacted, I’m sorry. Please share whatever info you can on the package terms so others know what to leverage if they’re next.
Impact on Mayfield office and integration fatigue
Is anyone else feeling like the integration process is just a polite term for eventual obsolescence? We saw the numbers from the Mayfield site, and it’s hitting that point where you can’t help but look over your shoulder every time a calendar invite pops up for an 'all-hands' meeting. I’ve been here for a few years, and the pace of these cost-optimization efforts feels like it’s accelerating. It’s hard to keep your head in the game and focus on building systems when you're constantly weighing whether your department is next on the chopping block. Management keeps talking about 'operational efficiency' and 'synergies,' but it really just feels like death by a thousand cuts. For those of you who survived this round, are you actually planning on staying, or is everyone just waiting for their next bonus window to clear before jumping ship? The atmosphere in the office is incredibly tense, and the lack of transparency from leadership is making it worse.
Culture shift: Is ICE still the place to build a career?
Been reading a lot about the recent headcount hits and it’s making me rethink my future here. It feels like the days of ICE being a 'stable' financial powerhouse are shifting into a 'churn and burn' tech-finance hybrid. I see a lot of burnout in my department—people are doing the work of two or three people because of the attrition. Every time we have an All-Hands, the leadership glosses over the 'efficiency' goals, but we all know what that actually means. Is anyone else feeling like the growth prospects have stalled? I used to recommend this place to everyone I knew, but now I’m genuinely hesitant to tell junior devs or analysts to sign an offer letter. Are you guys staying put or are you actively polishing your resumes? I’m worried that if I stay, I’m just waiting for my turn to be part of the next WARN notice.
Anyone else blindsided by the 396 headcount reduction?
I’m honestly still in shock. I’ve been with ICE for over five years, and I thought my team was safe because of how critical our workflow is to the daily clearing operations. Then, out of nowhere, my manager pulled me into a 'sync' that turned out to be a goodbye call. It feels like the company is pivoting hard toward aggressive automation and cutting the 'fat' without much regard for the tribal knowledge walking out the door. The severance package is decent, but it doesn't make up for the stress of job hunting in this market while everyone else is freezing hiring. Has anyone else heard if there’s a second wave coming, or was this specific site closure the end of it? I’m seeing some chatter about the Graves location being hit hard, but I’m worried that other hubs are next on the chopping block to satisfy the street. Just trying to figure out if I should be warning my friends who are still there.
ICE compensation vs. WLB after the recent cuts
It’s getting harder to justify the grind here lately. Between the constant threat of layoffs and the way they handled the recent cuts in VA, the 'total rewards' package feels like a joke. They preach about being a premier financial infrastructure firm, but when things get tight, the first thing they do is slice the workforce rather than trimming the fat elsewhere. I’m starting to look at other fintech shops because I don’t think the culture here is ever going to recover. Has anyone else felt like the burnout is reaching a breaking point since October? Management seems to think we can keep the same velocity with fewer heads, but something is going to break eventually. I’m curious if anyone who survived the last round is actually planning to stick around or if the exit strategy is already in motion for most of the senior engineering staff.
Is the Culpeper office being phased out completely?
I’ve been trying to piece together the internal chatter after the 10/4 announcement. Everyone keeps saying it’s a 'strategic realignment,' but let’s be real—150 people in one hit for the VA site feels like more than just a trim. I’ve heard rumors that management is pushing for more headcount in NY and London while basically starving the Culpeper operations. If you’re still left sitting there, are you seeing your workload explode, or are they actually shipping the tasks overseas? It’s hard to stay focused on projects when you’re constantly wondering if you’re next on the list. The silence from leadership is deafening, and the town hall was just a bunch of buzzwords that didn't address the fact that entire teams were gutted. Is anyone getting actual guidance, or are we all just waiting for the next WARN notice to drop?
ICE - Thoughts on the recent VA layoffs impacting morale?
Hey everyone, seeing the news about the layoffs in Virginia has definitely put a damper on things. Even though I'm not directly impacted, it's hard to ignore. Morale feels a bit shaky right now. People are quietly talking about it, trying to figure out the 'why' and the 'what's next'. It's understandable to feel a bit anxious when this happens. I'm curious how this is affecting teams across ICE. Are people more cautious? Is there a sense of 'us vs. them' creeping in, or is everyone banding together? Has anyone gotten any clear communication from management about the company's direction or strategy that might shed some light on these decisions? Trying to stay positive but it's tough.
ICE - Latest layoffs and what it means for us
Just saw the news about the ~150 layoffs in VA reported on WARN. It's always rough seeing numbers like that, especially when you're inside the company. I'm in a different department, but it's hard not to feel a knot in your stomach. Makes you wonder where the cuts will hit next and if our roles are truly secure. The official notice date was July 1st, with the layoff on Oct 4th - that's a pretty long lead time, which is… interesting. Anyone else in that affected area hear anything or have insights into what prompted this? Or for those in other departments, how are you all feeling about this? Has leadership communicated anything, or are we left to speculate?
ICE - Anyone else feeling uncertain about future stability?
Lately, I've been having some nagging doubts about job security here at ICE. There's been no concrete news, no official statements about layoffs or anything like that. But you can just feel a shift in the air, you know? People are a little more quiet in meetings, there's less casual chatter in the break room, and the usual optimistic buzz seems muted. I keep checking industry news and looking for any signals, but nothing concrete is popping up related to ICE specifically. Still, the general economic climate and the financial sector's usual cycles make me a bit anxious. Has anyone else picked up on this? Maybe heard any indirect chatter or seen subtle changes in how projects are being approved or staffed that might hint at upcoming belt-tightening? Just trying to prepare myself mentally, I guess. Would appreciate any thoughts or observations from fellow ICE employees.
ICE - Anyone else seeing increased pressure/workload?
Hey all, been at ICE for a few years now and lately things feel... intense. It's not just me, right? My team is swamped, and it feels like we're being asked to do more with less, even though there haven't been any official announcements. Projects are getting fast-tracked, deadlines are tightening, and the general vibe is a bit more stressed than usual. Is this a company-wide thing, or am I just in a particularly demanding department? Wondering if others are experiencing similar pressure. Trying to gauge the temperature before things potentially get worse. Anyone have insights into what might be driving this? Is it market conditions, internal restructuring, or just a new push for efficiency? Curious to hear what others are seeing and feeling.
ICE - Any whispers about hiring freezes or budget cuts?
Lurking for a while, but starting to feel a bit concerned. Haven't seen any official announcements or even solid rumors about layoffs, but there are definitely subtle signs that make me wonder. Been hearing more about strict budget approvals for even small things, and my team's been told to hold off on backfilling any open roles for the foreseeable future. It's not a full stop, but it's definitely a slowdown. Is anyone else in different departments seeing similar trends? Wondering if this is a company-wide thing or just specific divisions feeling the pinch. Trying to gauge the temperature here.
ICE - Morale seems lower lately, anyone else feel it?
Hey everyone, been at ICE for a few years now and lately, the general vibe just feels... off. It's hard to pinpoint exactly what's changed, but there's a definite undercurrent of unease. People seem more guarded in meetings, less collaborative than usual. I've also noticed a lot more 'heads down' working, with fewer spontaneous chats or team lunches. Is it just me, or has anyone else picked up on a shift in morale? Maybe it's related to the general market conditions, or perhaps something more specific to ICE that I'm missing. Would be curious to hear if others are experiencing something similar or have any insights.
Intercontinental Exchange - Performance reviews and project funding feeling tighter?
Just finished my performance review cycle at ICE and it felt more intense than usual. Lots of emphasis on 'efficiency' and 'streamlining' across the board. Also, noticed a few projects I was involved with have had their budgets significantly cut or put on hold indefinitely. It's not like we're bleeding people, but it feels like the company is tightening the belt in subtle ways. Curious if this is a company-wide trend or just specific to my division. Has anyone else seen a shift in how performance is being measured or how project resources are being allocated? Wondering if this is a precursor to something larger or just standard business cycle stuff. Any insights from others in different areas would be helpful.
ICE - Anyone else notice changes in team structures?
Hey everyone, been at ICE for a few years now and recently things have felt a bit... different. My team's been restructured a couple of times in the last quarter, and I've seen a few familiar faces pop up on LinkedIn as having moved on to other companies. Nothing has been officially communicated as a large-scale layoff or anything drastic, but the general vibe seems to be one of 'quiet optimization' or something. Is anyone else experiencing similar shifts within their departments? Hearing any chatter about potential impacts down the line? Trying to get a pulse on what's happening beyond the official channels. Any intel would be appreciated, trying to navigate this with a clear head.
ICE - Seeing some unusual movement in headcount and projects. Any insights?
Okay, so I know there's no official word, but I'm starting to get a weird feeling about things here at ICE. Over the past few weeks, I've noticed a couple of roles that were posted suddenly disappear, and a few internal projects seem to have been put on indefinite hold with little explanation. Plus, there's been a surprising lack of new hires starting, even for positions that were critical. It feels like a subtle slowdown, but the lack of transparency is making me a bit uneasy. Anyone else in different divisions noticing similar patterns? Is this just the normal ebb and flow, or is there something more strategic going on behind the scenes that might impact people down the line? Trying to figure out if I'm overthinking this or if there's a real reason to be concerned.
Intercontinental Exchange - Rumors of internal reorgs. What's the vibe?
Hey all, been hearing some whispers around the virtual water cooler about potential internal shifts at ICE. Nothing concrete, just that feeling in the air. Some teams are apparently being looked at for efficiency improvements, which usually means one of two things. Has anyone else picked up on anything? Is it just my department being paranoid, or is there actually something brewing? Curious to hear if anyone has more intel or has seen changes in their day-to-day that suggest a bigger picture reorg. Trying to gauge the general sentiment out there. Anyone in tech, data, or ops seeing anything specific?
ICE - Questions about potential restructuring in certain divisions
Been at ICE for a few years now, and lately, there's been a lot of talk about potential restructuring within some of the newer acquisitions and even some older, established product lines. It feels like leadership is evaluating where to double down and where to maybe… consolidate. Nothing concrete has been announced, and there's no official word on layoffs, but the internal meetings and the way resources are being shifted around definitely suggest some changes are coming. Has anyone else experienced or heard about similar internal shifts? Trying to understand the bigger picture here and if this is a precursor to anything more significant down the line. Feels like a lot of uncertainty right now.
ICE - Anyone else seeing a hiring freeze or slowdown?
Hey all, been following ICE pretty closely lately, and I've noticed a definite slowdown in hiring across several departments, at least from what I'm seeing on LinkedIn and through internal contacts. It's not a formal layoff announcement, but the vibe feels like things are tightening up. Budgets seem to be under more scrutiny, and there's less chatter about new projects kicking off. Anyone else in the same boat or hearing similar things? Trying to gauge if this is a company-wide thing or specific to certain teams. The market volatility probably isn't helping, but I'm curious about what's happening behind the scenes. Just want to be prepared if things take a turn.
ICE - Thoughts on the recent product roadmap shifts?
Has anyone else noticed the recent pivots in our product roadmap? Seems like a few initiatives we were pushing hard on a quarter ago are now being deprioritized or completely shelved. I understand business needs change, especially in this environment, but it feels like a significant shift in strategy. Wondering if this is a sign of belt-tightening or just a strategic realignment. Curious to hear if others in different divisions are seeing similar changes. Could this be leading up to something bigger, like restructuring or, dare I say it, layoffs? Just trying to make sense of the recent decisions and how they might impact us long-term. Anyone have thoughts on what this means?
ICE - Anyone else feeling the jitters? Market looks shaky.
Hey all, just wanted to see if anyone else at ICE is feeling a bit uneasy lately. The market's been pretty volatile, and while we haven't heard anything concrete, I can't shake the feeling that something might be brewing. We've had a few key people leave their teams recently, and while that could be for any reason, combined with the general economic climate, it's got me a little worried about our department's stability. Anyone else picking up on similar vibes or have any insights into how the company is navigating these tougher times? Just trying to gauge the general sentiment. Trying to stay optimistic, but it's hard not to think about it.
ICE - Performance Review Season and Uncertainty
So, performance review season is upon us. Beyond the usual stress of ratings and feedback, is anyone else feeling a bit more anxious this year at ICE? With the economic outlook being what it is, I'm bracing myself for potentially less generous bonuses, but also wondering if this review cycle might be used to identify roles that are considered less critical. I know there haven't been any official announcements, and I'm trying not to spiral, but the lack of clarity on future headcount goals or strategic shifts is making it hard to feel secure. Has anyone gotten any hints from management about how this review cycle might tie into broader organizational adjustments? Trying to gauge if my current performance is truly valued or if I should be dusting off the resume just in case.
ICE - Q3 Earnings Call & Potential Headwinds?
Hey all, just looking for some general sentiment around ICE. Q3 earnings are coming up soon, and given the broader market environment and the interest rate situation, I'm wondering if anyone else is seeing any signs of slowdowns or increased scrutiny in their specific departments. Haven't heard any direct layoff news, and my team is still busy, but there's a general 'everything's fine' vibe that feels a little too loud, you know? Wondering if there's any talk about efficiency drives or re-prioritization that might precede tougher decisions down the line. Anyone in trading tech, data services, or exchange operations noticing anything unusual? Just trying to get ahead of any potential storm clouds.
ICE - Market conditions impacting our area?
Curious to hear from others in the trading tech/data side of ICE. Given the current market volatility and the general economic outlook, has anyone else noticed a slowdown or a shift in priorities on their projects? We've seen a few initiatives get shelved recently, and there's definitely a push for cost-saving measures. It's not at the point where I'm worried about my job, but the lack of clarity on what's coming next is a bit concerning. Are other departments experiencing the same? Is this just a cyclical thing in the financial services industry, or is ICE specifically feeling the squeeze in certain areas? Just looking to understand the broader picture and if this is something to be more actively aware of.
ICE - Anyone else feeling the jitters? Heard whispers...
Hey all, long-time lurker here, ICE employee (various divisions). Just wanted to see if anyone else is picking up on the same vibe. There's been a lot of internal chatter lately, hushed tones in the breakroom, and some project re-prioritization that feels... different. Nothing official has been announced, and I'm not trying to spread unsubstantiated rumors, but the general atmosphere feels a bit tense. My manager's been a bit cagey when I've asked about team direction, and some folks on other teams have mentioned 'efficiency reviews'. Anyone else seeing similar signs? Trying to gauge if this is just my team's specific situation or a broader trend across ICE. Trying to stay optimistic, but the uncertainty is definitely starting to weigh.
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