Thread regarding ACE-Chubb (Chubb Corp.) layoffs

650million in savings by year 3. Expect accelerated layoffs in year 2 into 3. Will maximize learning opportunities in year 1 of integration then start accelerated cuts. They are banking on a lot of chubb people leaving. Would estimate 2000jobs lost in the end. . It,chubb home office, hr and marketing are likely to see reductions. Operations will get hit hardest. Bank on savings by year 3 to far exceed 650million. Evan always tries to exceed the street's expectations. (Check out historic stock performance) . This will be a 3 year ride with uncertainty for employees for quite a while. Good luck to all of us.