MassMutual Lays Off 150+, Others Get Offer To Join Empower
October 28, 2020 by MassLive.com
A majority of MassMutual employees impacted by selling of retirement plan business to Colorado-based Empower Retirement will receive new offers to join the Colorado company.
“MassMutual recently reached a definitive agreement to sell our retirement plan business to Empower, which includes approximately 2,000 employees associated with the business,” Laura Crisco, head of media relations said in a statement to MassLive. “Empower has notified more than 90% of those employees that they will be receiving offers to join Empower when the transaction closes later this year, pending regulatory approvals.”
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