Northwestern Mutual Layoffs

WHO IS BEHIND THE DISASTER AT NM? CHRISTIAN MITCHALL BEHIND UPCOMING LAYOFFS

CM was key in the learnvest aquisition with tim schafer. NM bought LV for $350M. the story has changed many times since then but no matter how anybody looks at it its a total failure. and nm continues to throw hundreds of milllions dollars of policy... read more

You can get help after your NM layoff

If you were laid off last year, or like a few of my friends this year, then you need to contact the Wisconsin Department of Workforce Development. There are benefits available to help you through the TAA (Trade Adjustment Assistance) program. I know... read more

Karl Gouverneur puts corporate spin on the current strategy at NM

I see Karl Gouverneur is at it again. When executives start talking about journeys, won’t happen overnight and it’s continuing, that can only mean one thing. They will continue to throw client/policyholder money at everything and wait to see what... read more

No-Win Scenario for Office Staff

I feel like the current union negotiations are a no-win scenario for office staff. Since the layoffs were first announced in September, 2016, everyone in this department who started afterwards was LTT, and then eventually all Manpower. Now the... read more

Incoming 2018 layoffs

I've heard rumors that around 1000 people will be let go in 2018. If that rumor turns out to be true, I'm guessing the employees listed as IO Flex Staff will be laid off. Do we have any more info on this? I've heard something similar in the office... read more

Flex staff layoffs

I recently saw the layoff printout from the November layoffs and saw an odd division name called IO Flex Staff under the Infrastructure & Ops department. Does anyone know what that means and why some many people would be under that division? Normally... read more

Executives making decisions about layoffs are clueless

The executives making the decisions about these layoffs are clueless. They get rid of very talented people who know the business and the systems, and then wonder why there’s a system outage daily. When they need an expert to fix an issue, someone... read more

Age discrimination at Northwestern Mutual

There is definitely some age discrimination going on here. Eighty five percent of the LearnVest employees are in their 20s and 30s, and none were let go. Yet the layoffs continue at NM. Some people are reporting that about 1,400 people have been laid... read more

Jobs are not being eliminated at Northwestern Mutual, they are being outsourced

It's disappointing that the CEO and executives don't take personal accountability for this mess. Low interest rates have been the norm since 2008/2009 but apparently the executive team has been asleep at the wheel. It’s more likely that the company... read more

The Expense Initiative - March 2017 Layoffs

As covered in the Bus Journal back in Jan... Source Below: Schlifske referred to his announcement in September 2016 that NM was eliminating 100 jobs by the end of 2016 and planned to cut hundreds more in 2017. The “expense initiative” is necessary... read more