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Prudential Financial is laying off 53 employees on July 17. This action is part of ongoing restructuring under CEO Andrew Sullivan. The company has issued several layoff notices since July 2025. The company aims to strengthen its business for long-term growth despite issues in its Japan affiliate. The Japan affiliate's new sales suspension extends through late 2026.
Newark, New Jersey
https://insurancenewsnet.com/innarticle/prudential-announces-more-layoffs-as-insurer-continues-to-restructure
rudential Financial Inc. filed another round of layoffs in New Jersey. This action brings the total job cuts at its Newark headquarters to 237 since July. The latest notice covers 54 positions expected to be eliminated between May and June. These workforce reductions are part of an ongoing organizational structure review. The company evaluates operations to align with evolving customer needs and strategic priorities.
https://www.insurancebusinessmag.com/us/news/breaking-news/prudential-layoffs-in-newark-reach-237-569944.aspx