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Genworth Financial Inc To Eliminate 400 Positions To Cut Costs-DJ

Thursday, 6 Jun 2013 07:47am EDT 

Dow Jones reported that Genworth Financial Inc plans to cut expenses by eliminating about 400 positions as the life-insurance company aims to improve its operating performance. The workforce reduction includes 150 open positions that won't be filled and will cut related information-technology and program spending. Genworth has about 6,300 employees, according to FactSet. 

Company Quote

0.01 +0.14%
29 Jan 2015