SPRINGFIELD, Mass. (WWLP) – One of the region’s largest employers has announced a second round of layoffs.
In February, 22News reported that MassMutual was making layoff at their headquarters in Springfield and their offices in Enfield. On Tuesday, MassMutual spokesperson Jim Lacey confirmed for 22News the company will be making more cuts over the next 18 months.
Lacey said about 100 jobs will be impacted in total, which is about 1% of their workforce.
He said the layoff’s come after the company’s decision to expand relations with a U.S.-based vendor, but wouldn’t comment on whether that directly caused the layoffs.
Lacey said the company currently has 230 open positions, and the employees affected by the layoffs will be able to reapply to MassMutual for new roles within the company.
He also said they’re fully committed to helping the employees whose jobs are affected, and said they’re offering those employees severance packages, and help finding new employment.
Lacey gave 22News the following statement:
“MassMutual continually reviews its operations, to ensure we are operating as efficiently and effectively as possible to deliver the greatest value to our policy owners and customers. At times, the decisions impact our staffing levels and when they do, we are committed to a responsible and respectable process. While decisions like this are never easy, such activities are necessary to meet the evolving needs of our customers and compete as effectively as possible both today and in the future.”
Michael Grilli of Southwick told 22News he worries this could have a significant impact on the overall economy; “MassMutual is such a well-known employer and they employ so many people in the area. If people in the general western Mass. area hear MassMutual is laying off people, I think it raises concerns over the economic conditions in western Mass. in general.”
Lacey denied accusations sent to 22News by viewers who referred to themselves as ‘friends of MassMutual employees.’