Lincoln job cuts still up in the air

Lincoln National Corp. and Jefferson Pilot Financial haven’t told employees exactly where the cuts will come as they shrink their combined work force by 10 percent. But workers will know more when the purchase of Jefferson Pilot closes next quarter.

“We expect to realize approximately $180 million, pre tax, in annual cost savings by the end of 2008,” said Jon Boscia, Lincoln National chief executive officer and chairman, who will have the same role at the combined companies.

Lincoln job cuts still up in the air
Source: FortWayne.com