LayoffBlog.com

January 5, 2009

Cigna Cuts 1,100 Jobs, Expects Charge of $40 Million

According to Bloomberg: “Cigna Corp. (NYSE:CI), the health insurer whose shares fell 69 percent last year because of investment losses, said it will cut about 1,100 jobs and take a fourth-quarter after-tax charge of $30 million to $40 million for 2008.”

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