Thread regarding Pacific Life layoffs

Newsflash: Pacific Life Insurance Co. lays off almost 300 employees in light of COVID-19

Pacific Life Insurance Co. lays off almost 300 employees in light of COVID-19

Most of the layoffs were immediate and happened last week, but a small
portion will occur in the fourth quarter of this year and in the first
quarter of 2021.

https://www.latimes.com/socal/daily-pilot/news/story/2020-10-19/pacific-life-insurance-co-lays-off-almost-300-employees-in-light-of-covid-19

#news

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| 2521 views | | 2 replies (last October 21, 2020) | Reply
Post ID: @OP+17wXmhMy

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PL will save $ now but going forward they will end up paying $$$$ more to fix 150 years of good service that will now be broken.

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Post ID: @1uza+17wXmhMy

PL CIO Mike Shadler was very clear in internal communications that the ITSS portion of the layoffs had nothing to do with Covid-19 or the current economic environment. It is offshoring of IT jobs to save money.

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Post ID: @1dbr+17wXmhMy

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