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.

Comments

Manulife, etc.

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

Apparently, people in

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

Do you have specific info

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.

what about those returning

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.

Mostly annuity department..

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

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.