I've heard rumors that around 1000 people will be let go in 2018. If that rumor turns out to be true, I'm guessing the employees listed as IO Flex Staff will be laid off. Do we have any more info on this? I've heard something similar in the office... — read more
Flex staff layoffs
I recently saw the layoff printout from the November layoffs and saw an odd division name called IO Flex Staff under the Infrastructure & Ops department. Does anyone know what that means and why some many people would be under that division? Normally... — read more
Executives making decisions about layoffs are clueless
The executives making the decisions about these layoffs are clueless. They get rid of very talented people who know the business and the systems, and then wonder why there’s a system outage daily. When they need an expert to fix an issue, someone... — read more
Age discrimination at Northwestern Mutual
There is definitely some age discrimination going on here. Eighty five percent of the LearnVest employees are in their 20s and 30s, and none were let go. Yet the layoffs continue at NM. Some people are reporting that about 1,400 people have been laid... — read more
Jobs are not being eliminated at Northwestern Mutual, they are being outsourced
It's disappointing that the CEO and executives don't take personal accountability for this mess. Low interest rates have been the norm since 2008/2009 but apparently the executive team has been asleep at the wheel. It’s more likely that the company... — read more
The Expense Initiative - March 2017 Layoffs
As covered in the Bus Journal back in Jan... Source Below: Schlifske referred to his announcement in September 2016 that NM was eliminating 100 jobs by the end of 2016 and planned to cut hundreds more in 2017. The “expense initiative” is necessary... — read more