MassMutual, one of the area’s largest employers, laid off about 150 of its roughly 8,000 employees on Tuesday.
The layoffs are spread throughout the company’s locations. The company attributes the layoffs to its acquisition of MetLife earlier this year.
“We have been working to integrate our two organizations and have identified overlaps and redundancies in certain areas,” company spokesman Jim Lacey said in a statement.
He continued, “This has led to a reduction of a small percentage — approximately two percent — of our total workforce nationally. These difficult decisions were not made lightly and we are committed to providing support and respecting the privacy of those affected by the changes.”
The Springfield Republican reported the company cut 360 jobs in February, and then an additional 100 in April.