Thread regarding Voya Financial Inc. layoffs

Congratulations Voya! You have become America's Retirement Company

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.

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Post ID: @NSn3oFW

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Very True...If customers knew how badly employees are getting treated, how upper leadership strong arms individuals to make sure surveys are filled out positively about the company. It is not an ethical company. All of the upper leadership for Voya Investment Management, who treated their staff under them with integrity, ethical in management style and concerned for staff have been let go to get quick money for shareholders. Now the IT staff of Investment Management, which was under the direction of this lost Management, who has been highly praised and regarded in the Industry conferences for its knowledge, stable platform with no concerns, is getting dismantled without any reason except for a McKinsey study which brings profits over integrity. The way people are treated is not ethical. Voya Investment is no longer a company anyone should trust.

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Post ID: @NSn3oFW-8Alzw

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