Recognized by Ethisphere as one of the world's most ethical companies. Code of conduct states: We seek to retain and develop highly qualified, diverse and dedicated individuals for our workforce. Yet many layoffs and no attempt to "retain" anyone.
This article from Wharton University states "Firms that are laying off are almost by definition in trouble." http://knowledge.wharton.upenn.edu/article/how-layoffs-cost-companies/
Here is another article stating layoffs do not save money http://chiefexecutive.net/employee-layoffs-may-cost-more-money-than-they-save/
This company tries to portray itself as about community and helping people, but there is nothing but coldness and ruthlessness in forcing older employees who do not have enough years to reinvent themselves into retirement. Congratulations Voya! You have become America's Retirement Company.