Thread regarding Hanover Insurance Group Inc. layoffs

Large layoffs in August

Yet, nobody posts anything? Hmm people are afraid. Check out other insurance companies, they are full of posts.

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Post ID: @OP+OKl02t3

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Company wanted to reduce expense to gain capital to acquire another company down the road. As a result expense management has been the mission. Over the last year as people left positions were not replaced. Layoffs have been occurring in small waves- mostly cleaning house but 2 weeks ago was the largest and this one hurt. This round just did not make sense. Many really talented and top performing leaders were let go. When compared to the people with jobs here- its really puzzling. They cut the middle level managers who do all the work but continue to hire VP's from D class insurers who don't even have college degrees. Hanover does not value their employees and morally and ethically rape you.

Post ID: @6akf+OKl02t3

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