Northwestern Mutual Mass Layoff Announcement comes Thursday morning during a company meeting.
Source: Northwestern Mutual Announces Layoffs: Hundreds of Job Cuts – Wauwatosa, WI Patch
Management
Drug Tests: More American Workers Are Testing Positive
Goodbye opioids. Hello heroin. Cheaper and easier to get heroin nowadays than prescription pain killers.
Source: Drug Tests: More American Workers Are Testing Positive
The number of U.S. workers testing positive for illegal drugs has reached its highest level in a decade, according to a new study. With a huge jump in heroin use.
Northwestern Mutual Planning Layoffs – Milwaukee Business Journal
MetLife – Job cuts on the way – Seeking Alpha
There’s a lot of moving parts, but the bottom line for life insurers in this low interest rate environment is they just can’t earn enough money to meet the
Source: MetLife tumbles after results; job cuts on the way – MetLife, Inc. (NYSE:MET) | Seeking Alpha
Want to Kill Your Economy? MBA Programs Churn out Takers Not Makers – Evonomics
Why has business education failed business?
Source: Want to Kill Your Economy? Have MBA Programs Churn out Takers Not Makers. – Evonomics
HT – naked capitalism
Read it and weep.
Companies Are Banning Email and Getting More Done
Email is a form of knowledge pollution.
Source: Some Companies Are Banning Email and Getting More Done
Intel Layoffs Spotlight Plight of Aging Workers – OregonLive.com
People over 40 were two-and-a-half times more likely to lose their jobs in this spring’s layoffs than Intel employees under 40.
Source: Intel layoffs skew older, spotlighting plight of aging workers | OregonLive.com
Intel is obviously not in the insurance business but I felt this was an excellent article on ageism and the fate that awaits virtually everyone in the corporate world. As strange as it sounds you really have to plan on doing something else before you need to do something else.
In my part of the country the current state of the energy industry has and will continue to affect many families. If you’ve held a highly specialized position in energy the chances of finding a comparable job somewhere soon is slim. Time to do something else.
Plan on earning less than you thought you would be earning. The probability of this occurrence is higher than you think. Find some other line of work, either your own small business or a company who appreciates old people.
Better yet, don’t get old.
A Never-ending Funeral MassMutual Layoffs – Computerworld
MassMutual employees say they are training overseas workers via Web conferencing sessions.
Source: IT layoffs at insurance firm are a ‘never-ending funeral’ | Computerworld
Insurance Industry Is Hiring But Millennials Don’t Seem To Be Interested – NPR
The insurance industry has a lot of open positions, and it’s scrambling to fill them. It’s targeting millennials, but many simply don’t consider insurance as a potential career — or think it’s boring.
Source: Insurance Industry Is Hiring But Millennials Don’t Seem To Be Interested : NPR
MassMutual to Layoff 5% of Workforce – The Boston Globe
One of the state’s largest companies, Springfield-based MassMutual Financial Group, is cutting about 5 percent of its 7,200 employees.
Source: MassMutual to layoff 5 percent of workforce – The Boston Globe
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