Hartford Laying Off Nearly 2% Of Work Force; More Possible

Ackermann, Alyn
December 2008
Best's Review;Dec2008, Vol. 109 Issue 8, p102
Trade Publication
The article discusses the plan of Hartford Financial Services Group Inc. to lay off nearly 2% of its total work force after posting a 2.6% billion third-quarter loss in 2008. Hartford spokeswoman Debora Raymond said that the company will lay off about 500 of its 31,000 employees. Raymond added that all the layoffs will occur in the U.S. and 125 will be in the Hartford, Connecticut area. She noted that the layoffs will be effective before the end of the year.


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