If you follow the money- MassMutual's total revenue in 2023 was $37.954 billion. This figure includes premium income of $25.608 billion, net investment income of $11.249 billion, and fees and other income of $1.097 billion.
And- MassMutual reported $41 billion in domestic insurance sales and $274 billion in client assets for its wealth management business in 2024, though a specific single "revenue" figure for the overall company isn't provided in the same way as for publicly traded companies. The company highlighted strong operating fundamentals, with $2.8 billion in statutory operating earnings and a record payment of $9.4 billion in insurance and annuity benefits for the year.
And yet in 2024 layoffs due to budget not making enough money, etc, etc
In 2025 layoffs due to budget not making enough money, etc, etc
Someones is lying. They either have billions of dollars increased year by year or they don't. Only a few months to go before we know what 2025 numbers are. These numbers are made public on their unauthenticated website / press releases. As someone prior wrote : laid off with a Less than acceptable reason.