The Hartford Has Cut Nearly 270 Jobs In Investment Products Division Nationwide

The Hartford has cut nearly 270 jobs in its investment products division nationwide, reflecting a slowdown in variable annuity sales and the company's decision to shrink the problematic business... The Courant reported in late June that The Hartford had already cut 475 jobs in Connecticut since late 2008. More layoffs at the company are expected. As of late June, The Hartford had roughly 12,000 Connecticut employees...

...The company has been laying off employees as part of efforts to reduce annual expenses by $250 million a year by the end of this year...

Trading Markets: The Hartford Has Cut Nearly 270 Jobs In Investment Products Division Nationwide
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