A majority of the laid off employees were “completely blindsided” by MassMutual’s decision, one source said, adding MassMutual’s board was only expected to discuss funding levels in a meeting earlier that week.
Source: MassMutual Layoffs at Society of Grownups in Personal Finance Pivot | BostInno
MassMutual employees say they are training overseas workers via Web conferencing sessions.
Source: IT layoffs at insurance firm are a ‘never-ending funeral’ | Computerworld
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
