Nationwide Mutual Insurance Cuts 480 Jobs in Latest Layoffs

By Matt Reed | April 6, 2009

  • April 7, 2009 at 1:05 am
    Edgar says:
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    Funny how those little guys who make the company successful lose their job and then you look at the former CEO who received over $24 million in a stock sale that he approved. Wonder how much he was paid for the “mutual” leaving of his position.

  • April 7, 2009 at 2:32 am
    AMAZED says:
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    Wow! It takes a multi-millionaire CEO to figure out firing employees saves some money. Short term profits at the expense of long range growth. Now that’s a guy I would want to work for and devote my resources and efforts!

  • April 9, 2009 at 7:56 am
    Ex-NW Associate says:
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    Nationwide’s board force Jurgensen to step down because he wanted to eliminate bonuses for the year and cut back on travel and other expenses rather than laying people off. If you want to vilify someone(s), direct your ire to Nationwide’s board of directors.

  • June 15, 2009 at 11:15 am
    Bob Stanley says:
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    Lies. Jerry was a crook.

  • April 8, 2011 at 5:27 pm
    overworked says:
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    It’s very sad for the people that work hard. It seems that Nationwide has been over staffed for years– new someone who missed 3 months total in one year and Nationwide never noticed!



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