Employment News
Old Mutual to Cut 200 US Jobs
By Erik Even | Dated: 05-07-2009
Old Mutual has cut “close to” 200 jobs in its US life insurance business, about half of its American workforce.The UK-based insurer employs 57,000 people in 38 countries.
The firm has sold its Australian business, and will shutter its Hong Kong office in June.
Old Mutual PLC is an international insurance company and investment management company. Originally based in South Africa, it is now London-based. Old Mutual is the largest financial company listed on the JSE Securities Exchange by market capitalization. It is a constituent of the FTSE 100 Index.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
