Travelers confirm 90 layoffs in Connecticut - WFSB 3 Connecticut

Travelers confirm 90 layoffs in Connecticut

Posted: Updated:
HARTFORD, CT (WFSB) -

Officials at Travelers Insurance confirmed that 90 people will be laid off from their positions with the company in Connecticut.

"Our personal insurance business is serving a changing marketplace, and prudently managing expenses is more critical than ever to remain competitive," said the company in a statement Tuesday. "We are dedicated to being a market leader."

There still be 7,800 employees in Connecticut after the staff reductions, company officials said. Officials added that Travelers is still one of the largest employers in the state.

Copyright 2013 WFSB (Meredith Corporation). All rights reserved.

Powered by WorldNow
Eyewitness News 3
Powered by WorldNow CNN
All content © 2014, WFSB; Hartford, CT. (A Meredith Corporation Station) and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.