Laid off from Marsh McLennan.
Marsh McLennan's Thrive program had booked $239 million in restructuring costs by June 2026, primarily severance, yet our tracker holds just one Marsh McLennan WARN filing in total, a 2016 Mercer notice in Houston for 71 jobs.
At a glance
What's known about Marsh McLennan severance and layoffs
- $239 million, primarily severance · Thrive restructuring costs through June 2026
- About $500 million over three years · Thrive cost estimate, by the company
- About $400 million over three years · Savings expected when Thrive was outlined
- $74 million across all restructuring · Severance charges, first half of 2026
- None · Marsh McLennan WARN filings in our tracker since 2025
- One, Mercer in Houston, 2016 · All-time filings in our tracker
- More than 95,000 · Colleagues, as Marsh described itself in July 2026
Recent Marsh McLennan layoffs
Marsh McLennan's Thrive restructuring costs reached $239 million by June 2026
Marsh's quarterly filing through June 30, 2026 put Thrive's restructuring costs at $239 million since the program began, primarily severance, $52 million of that booked in the second quarter. Marsh said in August that Mercer would adopt the Marsh brand from September 1, and a September 2026 report said Guy Carpenter had been rebranded Marsh Re.
Previous rounds
Marsh McLennan layoff history
Getting cut by a company that named its cost program Thrive stings in its own particular way. If Marsh McLennan let you go, or you're waiting to hear, that program, launched in the third quarter of 2025, carries most of the restructuring in its recent filings. By June 30, 2026 the company had booked $239 million in Thrive costs, primarily severance, $52 million of it in the second quarter. It estimates the whole program at about $500 million over three years, expects the charges to be spread evenly, and says it's still refining the plans, so timing and totals can move. The filing counts dollars, and nothing in the reporting we track counts the people.
The company laid Thrive out on October 16, 2025, saying technology investments and workforce actions would yield about $400 million in savings over three years. CFO Mark McGivney said the $500 million in charges would come mainly from severance, work transitions and simplifying the organization, and that most of the savings would come from Business and Client Services (BCS), a new unit pulling together technology, data and operations teams. CEO John Doyle said part of the savings would go back into talent and technology, AI included. On the July 2026 earnings call he described Thrive as designed to accelerate growth, with client-facing hires in sectors where the company sees opportunity. He also described a partnership of BCS, Oliver Wyman and Amazon Web Services to reimagine mid- and back-office work, starting with pilots on claim services and reinsurance treaty issuance.
The filings split restructuring costs only by segment, with Thrive and other restructuring counted together, and nothing in them establishes whether or how many roles were cut at any one business. Segment-wide, Risk and Insurance Services, meaning Marsh Risk and Guy Carpenter, carried $134 million of 2025's $222 million in total restructuring and $66 million of the $103 million booked in the first half of 2026. Consulting, meaning Mercer and Marsh Management Consulting, the old Oliver Wyman Group, carried $64 million and $21 million. Thrive's own share was $150 million in 2025 and $89 million in the 2026 half. Severance alone was charged at $174 million in 2025 and $74 million in the first half of 2026.
Thrive wasn't the first pass. Insurance Business reported in January 2023 that the company had made headcount reductions and booked $233 million in non-JLT restructuring costs in the fourth quarter of 2022. That action paid out severance, the outlet reported, and Doyle said it didn't reach people hired in a 2021 and 2022 recruitment drive. The 10-K says the program finished at the end of 2024 after $221 million of costs that year. Our WARN filing tracker holds one Marsh McLennan filing in all, a Mercer (US) Inc. notice in Houston dated April 12, 2016, for 71 jobs, and none since the start of 2025. Marsh described itself as having more than 95,000 colleagues in its July 2026 results release.
If you're a US employee, Marsh's termination benefits guide, written with plan information as of January 1, 2026, has the dates that matter. Medical, dental and vision coverage end on your last day of employment. The COBRA package is mailed to the home address on file, so correct it before you leave if you've moved. The election period runs 60 days following termination, the first premium is due 45 days after you elect, and COBRA medical coverage takes effect the day after your last day, at the full cost plus an administrative fee. How COBRA works sets out what to weigh before those 60 days run out.
Check the names on your paperwork too. The brand went from Marsh McLennan to Marsh on January 14, 2026, Mercer's switch to the Marsh brand was set for September 1, and Guy Carpenter has been rebranded Marsh Re. The June 2026 filing still names Marsh & McLennan Companies, Inc. and its subsidiaries. If you work in New York, the labor department says the state WARN Act covers private employers with 50 or more full-time employees in the state and reaches closings affecting 25 or more employees, layoffs of 25 or more full-time workers who make up at least 33% of a site, and layoffs of 250 or more. Covered employers owe 90 days' notice, the regulations address remote work, and an employer that skips required notice may be required to pay back wages and benefits and a civil penalty. New York's unemployment page covers the claim, and if a severance agreement lands in front of you, get the signing deadline in writing and read up on negotiating one before that date.
Reporting on previous Marsh McLennan layoff rounds
2025 to 2026, Thrive program · $239 million in restructuring costs through June 30, 2026, primarily severance, toward the company's estimate of about $500 million over three years.
The filings list severance as the main cost and describe no individual package.
2022 to 2024, workforce actions · Headcount reductions reported from the fourth-quarter 2022 call, alongside $233 million in non-JLT restructuring costs, in a program the 10-K says was completed at the end of 2024.
Severance was paid, Insurance Business reported, and the CEO said people hired in the 2021 and 2022 recruitment drive weren't affected.
2016, Mercer in Houston · 71 jobs in a Mercer (US) Inc. notice dated April 12, 2016, with an effective date of June 30, 2016.
What to do after being laid off from Marsh McLennan
- File for unemployment in the state where you worked. Benefits run from your filing date, and severance usually doesn't block you. Marsh McLennan's biggest hubs: Texas. Somewhere else? Every state is here.
- Apply for financial and hardship assistance. Unemployment supplements income, but food benefits, health coverage and utility help are often available as well. Here's some of what Marsh McLennan's hub states run: Texas, and every other state is here.
- Mind the health insurance window. Losing coverage opens a 60-day special enrollment period, and an ACA plan usually beats unsubsidized COBRA. Compare your options before the employer coverage lapses, and read how the COBRA clocks run if you are weighing it seriously.
- Get your real runway number. Severance plus savings divided by reality. The calculator takes five minutes.
- Know which clocks are already running. Severance review windows, COBRA election, visa grace periods, and 401(k) rollovers all run on federal deadlines that started at termination. All five deadlines are here.
Marsh McLennan layoff and severance questions
Is Marsh McLennan laying off employees in 2026?
Its filings show $89 million in Thrive restructuring costs in the first half of 2026 and $239 million, primarily severance, since the program launched in the third quarter of 2025, with no count of roles. Our tracker holds no Marsh McLennan WARN filings since the start of 2025.
How big is Marsh McLennan's Thrive restructuring?
The company estimates about $500 million in costs over three years, mostly severance, technology and outside services. When it outlined Thrive in October 2025 it expected about $400 million in savings, most of them, the CFO said, from its new Business and Client Services unit.
Did Mercer, Oliver Wyman or Guy Carpenter have layoffs?
The filings don't establish whether or how many roles were cut at any single business, since they report restructuring only as segment-wide totals. Counting all restructuring, Consulting (Mercer and the former Oliver Wyman Group) took $64 million in 2025 and $21 million in the first half of 2026, and Risk and Insurance Services (Guy Carpenter and Marsh Risk) took $134 million and $66 million. Our tracker's only filing is Mercer's, 71 jobs in Houston in 2016.
What happens to my health insurance if Marsh lays me off?
For US employees, Marsh's termination benefits guide, with plan information as of January 1, 2026, says medical, dental and vision coverage end on the last day of employment. The COBRA election period runs 60 days following termination, the first premium is due 45 days after you elect, and you pay the full cost plus an administrative fee.
Does Marsh McLennan pay severance?
Severance is the biggest cost its restructuring filings name, $174 million in 2025 and $74 million in the first half of 2026, and they describe no individual package. Those totals set nobody's terms, so get the amount, the release and the deadline in writing before you decide.
Is Marsh McLennan now called Marsh?
For branding, yes. The company switched to Marsh on January 14, 2026, renaming the Marsh brokerage Marsh Risk and Oliver Wyman Group Marsh Management Consulting. Mercer was set to adopt the Marsh brand from September 1, 2026, and Guy Carpenter has been rebranded Marsh Re. The benefits guide defines "Marsh" as Marsh & McLennan Companies, Inc. and its subsidiaries.
Where do I file for unemployment after being laid off from Marsh McLennan?
In the state where you worked, not where the company is headquartered. Marsh McLennan's biggest U.S. hubs are Texas. Severance usually doesn't block you from filing, and benefits run from your filing date, so file the same week.
Is it OK to file for unemployment after a layoff at Marsh McLennan?
Yes. Unemployment insurance is funded by payroll taxes employers pay on wages, the claim never appears on credit reports or background checks, and future employers cannot see it. If the hesitation itself is the obstacle, whether filing is OK has its own article.
What happens to my health insurance after a layoff at Marsh McLennan?
Your plan sets the end date rather than the law, so the separation packet is where that date actually lives, and it is often the last day of the month rather than your last day of work. After coverage ends, COBRA lets you keep the identical plan by paying the whole premium yourself, up to 102 percent of what the plan really costs, which lands as several times the payroll deduction you were used to. You get 60 days to elect, counted from the later of coverage ending or the election notice arriving, and electing reaches the coverage back to the day the old plan stopped so no gap exists. How continuation coverage works walks the timing, and whether to take it rather than a marketplace plan is a separate decision.
Should I sign the severance agreement right away?
First pin down how much review time you actually have. If you're 40 or older, federal law gives you 21 days to consider an agreement that waives age claims, 45 in a group layoff, and a waiver signed under a shorter deadline can be invalid. If you're under 40, no federal window applies and the deadline in your packet may be real, so confirm it in writing and ask for more time if you need it. Use whatever window you have to read the release terms, especially non-disparagement and no-lawsuit clauses, and don't stall past a real deadline, because offers can be withdrawn.
Can I collect unemployment if I got severance from Marsh McLennan?
Usually yes, though some states delay benefits until severance pay periods end, and lump sums are treated differently than salary continuation. Check your state's rules on our state benefit pages, and file immediately either way so your claim date is locked in.