Up to 6,000 job cuts seen in CNA-Continental merger. (CNA Financial Corp.-Continental Corp.): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on February 27, 1995. The length of the article is 548 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The merger of CNA Financial Corp with Continental Corp likely will result in the layoff of between 3,000 and 6,000 employees. The combined workforce of the two companies numbers approximately 21,000 employees, and the redundancies would trim the workforce of the merged insurer to between 15,000 and 18,000 employees. The cutbacks would reduce the duplication of personnel and boost efficiency and will primarily be accomplished through attrition.

Citation Details
Title: Up to 6,000 job cuts seen in CNA-Continental merger. (CNA Financial Corp.-Continental Corp.)
Author: Colleen Mulcahy
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: February 27, 1995
Publisher: The National Underwriter Company
Issue: n9 Page: p1(2)

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