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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: RE: details

Posted On: November 14, 2008, 10:05 am CST
Posted By: Stat Guy
Comment:
I always have a problem understanding how these decisions are arrived at; apparently one person is far too valuable to lay off but I just wonder how the cost/benefit analysis can support that, especially when you consider the bigger bang you get for your buck by keeping 125 other people on the job. Can't tell me that service won't suffer. What is the impact on a company from the departure of a highly paid executive? Not like he can personally restore profitability himself; but you can easily see how losing 125 people could slow things up a bit. It is just this simple, those at the top take care of their own....
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
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