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MassMutual to lay off 75 IT employees from Springfield operation

The layoffs to the information technology department were part of a company restructuring, said spokesman Mark Cybulski.

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The Springfield headquarters for MassMutual on State Street

SPRINGFIELD – MassMutual confirmed Wednesday night it will lay off 75 employees at its Springfield operation, primarily within the information technology department, as part of a restructuring, a company official said.

Mark E. Cybulski, director of corporate relations, said the layoffs were the result of a review of operations for its Enterprise Technology Organization, which is in charge of information technology systems.

“Like most organizations, MassMutual conducts regular reviews of its operations to ensure it has the right resources in place to efficiently and effectively meet the company’s strategic objectives,” he said.

The review’s purpose was to see that MassMutual was directing resources appropriately to meet the company’s goals, he said.

The review concluded that based on upcoming projects, the same level of staffing for information technology would no longer be necessary, he said.

“While decisions like this are never easy, we made this decision to compete as effectively as possible today and in the future,” he said.

The company continues to hire people in other areas, and has more than 100 positions open, primarily in what Cybulski called its key business areas, including the U.S. Insurance Group and Retirement Services Division.

He said people who was being let go will be able to apply for those open positions.

The announcement marks the first significant layoffs at MassMutual in two years.

Some 500 people were let go between May and September 2009 as part of another restructuring.


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