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Published May 5, 2009 at 10:14 AM
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The latest layoff announcements in the finance industry are at insurer Principal Financial Group Inc. (NYSE:PFG) and IndyMac. - Principal Financial announced it cut 75 workers in its asset management business in Des Moines, Iowa. This is the second round of cuts for Principal. In December 550 jobs were cut, according to the Chicago Tribune.
- IndyMac, which was taken over last summer by the FDIC and reopened as IndyMac Federal Bank, is laying off 107 employees at IndyMac Resources Inc. in Irvine, Calif. Those employees will receive notice by May 19, according to Layoff Tracker.
For a roundup of all the announced layoffs to date, check out The Deal's Pink Slips on Wall Street Dealwatch or any of the links below. Also feel free to leave us any layoff or hiring rumors you are hearing. - Maria Woehr
(Follow me on twitter or send me tips: @newsgirlmw)
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