Nationwide Insurance isn’t always on your side. The Columbus, Ohio-based insurer has announced another round of layoffs in 2017. This time, the financial services company announced plans to eliminate around 30 positions in Des Moines, Iowa. The job cuts will take place at the end of 2017. Most of the 30 employees will receive more (more…)
Hundreds of IT Layoffs in New Hampshire Liberty Mutual is cutting 620 employees in technology positions from its New Hampshire offices. This represents yet another round of Liberty Mutual layoffs, with an earlier instance in 2017 also eliminating hundreds of jobs from the company’s tech department. The final figure for the company’s most recent layoffs is (more…)
Patriot National Inc (NYSE:PN), an insurance services company, is cutting a third of its workforce, amounting to about 250 jobs eliminated. The Patriot National layoffs follow the company’s loss of its largest customer, Guarantee Insurance Company, which was placed under state receivership. The Fort Lauderdale layoffs were released alongside an announcement that Patriot National has entered (more…)
Humana Inc (NYSE:HUM) announced it is gutting 1,300 jobs, with another 1,150 taking early retirement. The health insurance company said it is going to stop participating in the Affordable Care Act (affectionately referred to as “Obamacare”) in 2018, with the job terminations beginning at the start of that same year. Those who took voluntary buyouts (more…)
MetLife Inc. (NYSE:MET) filed a Worker Adjustment and Retraining Notification (WARN) notice with the Connecticut Department of Labor, noting that 61 employees at its Bloomfield offices will be losing their jobs. Their last day of work will be December 31, 2017. The layoffs come after the life insurance company swung to a third-quarter loss of (more…)
Humana Inc (NYSE:HUM) is laying off hundreds of employees as the company looks to trim its workforce while still suffering the effects of the failed merger with health insurance company Aetna Inc (NYSE:AET). These Humana layoffs for 2017 primarily affect the Humana At Home division. While the company has performed well on the stock market, upwards of 700 (more…)
Insurance software provider Vertafore, Inc. has laid off 121 employees in Bothell, Washington, as it moves its headquarters to Denver.