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
Layoffs
MetLife To Close Freeport Locations, Layoffs Expected
Transamerica Life Insurance will lay off 70 in St. Petersburg – Tampa Bay Times
Transamerica Life Insurance will lay off 70 in St. Petersburg | Tampa Bay Times.
The article does not include any details.
Blue Bunny to Lay Off 58 workers – The Des Moines Register | desmoinesregister.com
The cut comes at a time when Iowa also is being buffeted by big layoffs at Wells Fargo & Co. and the former Aviva USA insurance company, now known as Athene. The Iowa unemployment rate increased to 4.9 percent in August from 4.8 percent in July, but it remains one of the lowest in the U.S.
Memo to Blue Bell and Braum’s:
Bigger is not always better.
MetLife To Cut 117 Workers In Bloomfield – Courant.com
The layoffs are part of a plan MetLife acknowledged for the first time publicly in March. At the time, MetLife said it will cut 650 workers in Bloomfield, leaving 1,300 at the site, over a three year period.
Transamerica Laying Off 60 in Cedar Rapids, 140 Nationwide – TheGazette
Tucker said some of the work currently performed by Transamerica employees will be outsourced to contractors.
via Transamerica laying off 60 in Cedar Rapids, 140 nationwide | TheGazette.
An Important Message from Cleveland Clinic
An Important Message from Cleveland Clinic.
To prepare for healthcare reform…
Aviva Confirms Additional 326 Planned Layoffs – Des Moines Register Staff Blogs
The planned job eliminations mean that about 780 of the 1,800 people employed at Aviva USA on May 1 have either left or been told their jobs are being eliminated. That’s 43 percent of the workforce at a time when states are spending millions to battle one another for jobs.
via Aviva confirms additional 326 planned layoffs | Des Moines Register Staff Blogs.
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.
TaskRabbit Confirms Layoffs – TechCrunch
The company started as a purely consumer-focused product to let regular people outsource their odd jobs and tasks to others, but it has indeed been increasing its focus on the enterprise space in recent months.
via TaskRabbit Confirms Layoffs As It Realigns To Focus On Mobile And Enterprise | TechCrunch.
Regular people don’t outsource errands and odd jobs.
Expense reduction will only postpone the inevitable.
lifeunderwriter.net 
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