I've been hearing some rumors about some layoffs at Lincoln National before the end of the quarter, can anybody tell me if this is true?
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Distribution business unit announced that they are letting go 75 of their 750 people. That was before the Group IT announcement.
Known 25.. unknown ??
This is not a rumor. Please plan accordingly. Make sure you are notified with dignity.
I am in a different part of IT and we are expecting staff reductions too. Many people are looking around for new jobs. Seniority doesn’t seem to matter any more. Lincoln does it in little chunks not once and done, so many more stressful days ahead.
I can confirm that 25 Group Protection IT people were let go on Oct 01st.
About 25 people let go from Group IT. That’s 20%-25% of the department. Rumors are many more job cuts coming in IT and elsewhere.
I can attest that there are layoffs.
Not the most reliable source, but I still wanted to check.