Des Moines-based F&G Annuities and Life announces it will layoff 192 workers on June 2
May 30, 2025 by Kevin Baskins and Tyler Jett
Des Moines-based F&G Annuities and Life will lay off employees by next week, a blow to a rare recent bright spot in the metro’s sluggish financial services sector.
The company confirmed Wednesday, May 28, that it will cut 192 jobs after a disappointing first quarter due to declining annuity sales and a decrease in the value of its assets. The latter problem aligns with broader U.S. market issues during President Donald Trump’s trade wars with Europe, China and other regions.
Originally Posted at Des Moines Register on May 28, 2025 by Kevin Baskins and Tyler Jett.
Categories: Industry Articles
