MassMutual to lay off 75 IT employees from Springfield operation
Posted: April 29th, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Mass Mutual, Springfield | 1 Comment »MassMutual confirmed that it will lay off 75 employees at its Springfield operation, primarily within the information technology department, as part of a restructuring, a company official said.
Mark E. Cybulski, director of corporate relations, said the layoffs were the result of a review of operations for its Enterprise Technology Organization, which is in charge of information technology systems.
The announcement marks the first significant layoffs at MassMutual in two years.
Some 500 people were let go between May and September 2009 as part of another restructuring.
From: Mass Live
May 3rd, 2011 at 5:51 pm
Not surprising – MassMutual is a terrible company. Its management ranks are full of psychotics and deviants. Couple of things I see here that need to be debunked. First off MassMutual has lied about employ performance to save face and its bottom line. The idea that people were laid off for performance is ridiculous. The company made this up to deflect the fact that MassMutual is losing money and it is replacing it’s workforce with cheap labor from India. Let’s not forget that MassMutual can rate anyone’s performance as anything they choose. The performance system as MassMutual is completely arbitrary and management controlled. Many people who were laid off for “performance issues” were in fact good workers who were either disliked by their manager or were highly compensated and MassMutual wanted to save as much money as possible. MassMutual has also used this performance excuse to cheat people out of severance. It’s a loophole which this classless company continues to exploit.