Navient Solutions LLC will lay off up to 128 employees between October and June at the company's Fishers location, according to a WARN notice filed by the financial services provider on August 4.

Though many of the affected employees are remote, Navient said, they may be considered workers at its Fishers office at 11100 USA Parkway , triggering a layoff notice under WARN. Roughly two-thirds of the 128 affected employees live in Indiana, with the remainder residing in other states and reporting to management in Indiana, a Navient spokesperson said.

The layoffs are a result of Navient's strategic transformation announced in January 2024, the spokesperson said.

The first layoffs are expected to occur in early October, the company said in the notice to the state's Department of Workfor

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