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Manulife/John Hancock cuts jobs

We're hearing they're eliminating 31 positions - 8 through attrition and the rest through layoffs, in part because workers in Manila are much cheaper to hire.

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Comments

Did these guys get tax breaks from either the city or state? If so, it might be time to revisit them.

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Apparently, people in Manilla don't spend their whole day surfing the net and blogging, which is why some people get shitcanned.

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Do you have specific info that the layoffs in question are of people who do that?

I doubt that anyone being laid off right now needs to hear unjustified rumors/grumbling that it's their fault.

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what about those returning from maternity leave? When will they be notified that there have been layoffs? I'm sure they won't get a caseload upon return since Manila is taking over.

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Mostly annuity department.. Annuities just are not selling right now it really has nothing to do with the reasons listed.

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