Crapgemini has teams in to replicate processes to bring the jobs to India.
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Topics regarding layoffs at MassMutual
There you go, as many predicted: /
What pains me is that the company I used to work for did a good amount of their revenue on outsourcing govt contracts, from local to fed which still goes on today. Your tax dollars are paying for projects done overseas and often for shoddy work. And... read more
IT layoffs at insurance firm are a 'never-ending funeral' / The IT layoffs at MassMutual Financial Group will happen over a period of... read more
We laid off 300 people in February. Will job cuts at MassMutual ever going to stop? It's unlikely.
I know there are people in Phoenix being laid off as well. People that were transferred out there, packed up their whole lives and family and then we're laid off mere months later. Obviously I don't have all the details but unless it was performance... read more
Know that being laid off very seldom is a reflection on your work. More often being laid off is because you are an "expensive" employee, or at least more expensive than the people who aren't laid off with you (they may be laid off later, though)
I'm a former employee of MassMutual. I left there almost two years ago. It was after they rolled out the MMway and turned every job there I to a mind numbing bureaucratic nightmare. Life after MM is great, you will see. It is just a shame what has... read more
Not sure if I care about layoffs at this point in time – seriously, just drop it on me. Our compensation is below market, my compensation is below median salary even after ten years employment, not good. MMWay is crushing our spirit, one day at the... read more
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Nobody is talking about this but this was a big setback for workers at MassMutual on 1/1/2016 they decided to stop paying for providing health insurance and prescription drug subsidies to all of us retirees and our dependents - we will be getting a... read more
Accross the org, HQ in Springfield and Enfield. IT was automating things, so some processors got affected (my son in law was one of them).
About 350 people will be laid off, we have about 7000 people, so that's 5% of the total workforce. All of this is happening while we are making so much money that it's crazy. it might be time to think again about the multiple jets, 2 helicopters... read more