East News
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Hartford Insurance to Cut 500 Jobs
East News • November 5, 2008
The Hartford says it will be cutting 500 jobs, citing losses in its investment portfolios and declining revenues.
The Connecticut-based financial services company says the layoffs will include ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE PONZI SCHEME | Richard Brown | Mar 5, 2009, 9:31 am |
| RE: underwriter is right on | underwriter | Nov 14, 2008, 10:30 am |
| underwriter is right on | Stat Guy | Nov 14, 2008, 10:10 am |
| RE: details | Stat Guy | Nov 14, 2008, 10:05 am |
| RE: RE: sad | JDC | Nov 10, 2008, 9:59 am |
| RE: sad | underwriter | Nov 7, 2008, 7:20 am |
| details | a | Nov 6, 2008, 11:30 am |
| sad | matt | Nov 6, 2008, 11:26 am |
| Back to article | ||
Subject: sad
Absurd how a company can pay so much money to recruit and train new talent then decide to fire those same people?
Do not forget Ramani Ayer made in excess of $15,000,000 in 2007 (not even much by Fortune 100 standards) -- the stock was at $100 then, and last week it dipped to $8.75. Why is Ramani not the one getting laid off? They could pay all 500 salaries with that money.