Post any information about potential or actual Principal Financial Layoffs 2021? Any news or rumors?
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They are saying 5% of workforce in US. I believe there are close to 7000 in Des Moines alone. So that would be close to 350 people. Any thoughts?
I find this to be very disheartening as I only got here within the last six months. Most town halls involve tap dancing around the question of possible job losses. What does this mean for employees with the least sweat equity? Having been through acquisitions, restructurings, and layoffs at previous companies, I'm not in the least bit confident. Think its time for me to start seeking outside opportunities.
RBC mentioned Individual Life similar to how the new director did things when running VOYA
Analysts seem to think the life insurance business
So which business will be getting cut so Paul Singer can put some more cash in his wallet?