Tag Archives: layoff

ING Layoffs In Conn. Are Unrelated To Massive Staff Reduction In Europe

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Some 20 workers laid off recently at ING offices in Connecticut was not related to a massive European job reduction that the Dutch financial group announced Wednesday, company officials said.

“This week we did make some small staffing adjustments in our Technology Services group,” said ING spokesman Joseph Loparco. “This involved about 20 Connecticut-based positions, and it’s part of our ongoing efforts to improve the operational efficiency of our U.S. businesses.”

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Aetna Laying Off 160, Mainly Managers In Innovation, Technology and Service Operations

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Aetna has started laying off 160 people, including 80 in Connecticut, as the health insurer continues to reduce expenses to prepare for stiff price competition starting in 2014 when many people will shop directly for coverage through an online health exchange.

Additionally, the health insurance industry has been pressured to slow the pace of rising premiums while profits are squeezed by federal health care reforms.

The job cuts were acknowledged publicly for the first time Tuesday as another round of workers was notified this week of their last day. The first wave of workers had their last day in September, and more will continue to leave in stages through early 2013, the company said.

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