Wednesday, November 5, 2008

Hartford Insurance cutting 500 jobs in PC sector

Hartford to cut 500 jobs across country
Aims to reduce expenses by $250M by end of 2009


By Phil Gusman
© 2008 NU Online News Service,
Reproduced under license from
the Copyright Clearance Center

Hartford Financial Services said it will cut 500 jobs across the country as part of a company initiative to reduce expenses by an estimated $250 million by the end of 2009.

The company employs about 31,000 people.