The IT layoffs announcement that was to supposed to happen in March 2016 was cancelled (obviously). MetLife announced on Feb 29 that it will be selling their Premier Client Group to Mass Mutual and spinning off and/or selling its remaining retail operations, thus they are re-evaluating their business and IT staffing needs and their original IT layoff plans. Some amount of IT layoffs are still likely to occur, possibly beginning around year-end 2016.
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This is true. In fact, MetLife recently contacted Fidelity to offer them the option to lease either half or one of their current buildings. MetLife is planning to layoff works through a combination of efforts. 1) they recently hired a consulting firm to help them offshore more US IT jobs to India 2) they are splitting off the retail group and MassMutual which will leave them with less IT requirements.
you dont know what you are talking about...
Which sectors and which areas are the most vulnerable at this time?