Big Employers, Big Headaches
As Connecticut tries to regain its footing on the job-creation front, many small and midsize companies are hiring, as we saw at the Courant/FOX CT Top Workplaces awards event last week.
Likewise, we see progress at the Connecticut Technology Council’s Marcum Tech Top 40 awards, held Thursday night in Wallingford.
But many of the big employers, it seems, continue to struggle. We don’t know what will happen to a couple of hundred affected workers at The Hartford, which announced, as expected, the sale of its life insurance business to Prudential Financial. We know The Hartford’s CEO, Liam McGee, is doing what he can.
And now comes word that hundreds of Mohegan Sun employees are being cut, even as the casino operator expands outside the state, with some success.
2 Responses to Big Employers, Big Headaches
- -- ADVERTISEMENT --
Tweets
- Talking about suburban poverty and the college job market on #Fox CT with @LoganByrnes.
- #CongresswomanEsty: You have more GPS power in your cell phone than most airliners have.
- #CongresswomanEsty: Underinvestment in this country in infrastructure has had more impact in New England than any other region.'
Recent Posts
- ESPN Layoffs Exceed 100, Sources Say; Company Vows Continued Growth
- For Nappier And Other Activists, Only A Moral Victory in Dimon Vote at JPMorgan Chase
- Report: Suburban Poverty Rises Sharply But CT Regions More Stable
- Homespun Advice from a Business Legend
- Westfarms’ JC Penney Closed Thursday Due to Water Damage, Will Reopen Friday
Recent Comments
- Billy on ESPN Layoffs Exceed 100, Sources Say; Company Vows Continued Growth
- pete on For Nappier And Other Activists, Only A Moral Victory in Dimon Vote at JPMorgan Chase
- Connecticut is Circling the Drain on ESPN Layoffs Exceed 100, Sources Say; Company Vows Continued Growth
- Connecticut is Circling the Drain on For Nappier And Other Activists, Only A Moral Victory in Dimon Vote at JPMorgan Chase
- Jack on ESPN Layoffs Exceed 100, Sources Say; Company Vows Continued Growth
Categories
- Aerospace
- Banking
- Commerce
- Consumer
- Corporate finance
- Defense
- Economic Development
- Economy
- Education
- Energy
- Financial Services
- Health Care
- Housing
- Insurance
- Jobs
- Labor
- law
- Management
- Manufacturing
- Media
- Politics
- Poverty
- Public finance
- Real Estate
- Retail
- Small Business
- Technology
- Trade
- Utilities
- Wall Street
- Wealth
Latest Courant Biz Headlines- Results From Pratt Brain Cancer Study To Be Released Tonight; Public Meeting Planned
- National Hurricane Center Forecasts 'Active To Extremely Active' 2013 Season
- ING U.S., Soon To Be Voya Financial, Announces First Ever Earnings
- Big-Picture Ideas: Photo Services Business Focuses On Past, Present, Future
- Greater Hartford House Sales, Prices Gain In April
- -- ADVERTISEMENT --





The good news Dan is that the biggest employer of them all, the State of Connecticut, has virtually no unemployment and can keep taxing us to support the bloated salaries and benefits of state workers.
You’re mistaken. I, for one, do NOT make a “bloated” salary and am on the state payroll.I am way under $40K. Are you aware that employees on the state payroll with less than 10 yrs of state service,union and non union like me, must “contribute” 3% of their gross salary to the “retiree health fund?” This has wiped out mostly all the raises I got when I first started. I have had no raise in 3 years.