Aegon Layoff’s

By | June 3, 2009
Most of the large Insurance Companies are making moves like this to streamline and become more efficient. If you have read the steps many life insurance carriers have take you will see a trend in laying off employees.
clipped from www.bizjournals.com
Aegon to cut 138 positions in Louisville

Aegon U.S., a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positions from its Louisville offices at Aegon Tower.

Subsidiary Aegon USA Investment Management will eliminate 13 positions during the next few weeks, the company said in an e-mailed statement.

“We are always exploring ways to improve efficiency and leverage the scale we have in our various U.S. locations,” the company said in the statement.

According to the company’s Web site, www.aegonins.com, Aegon U.S. has more than 600 employees in Louisville among several operating divisions, including individual savings and retirement, institutional, life and protection, pensions and asset management and reinsurance.

Louisville News, Business First, Louisville Newspaper
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