MetLife Begins Layoffs

MetLife (NYSE: MET) has begun its layoffs in the Northeast for jobs that are moving to North Carolina this fall, per its agreement to the state in March to create 2,600 jobs in Cary and in Charlotte in return for more than $100 million in economic development incentives.

via MetLife begins layoffs to prep for Cary entrance – Triangle Business Journal.

2 thoughts on “MetLife Begins Layoffs

  1. Thanks for addressing this side of the story. There is only a small percentage of employees from the Northeastern installations that are actually transferring to Charlotte or Cary. Many tenured associates are leaving voluntarily or otherwise. It is a story that has been played out many times by companies that have departed the expensive northeast for more business friendly destinations. Good luck to folks coming onboard in both Charlotte and Cary.