Location: Newark, NJ, USA.
Based on news reporting.
Prudential Financial, Inc. has laid off 237 employees at its Newark office as part of a restructuring effort. The layoffs are part of the company's strategy to streamline operations and reduce costs. This decision reflects ongoing challenges in the insurance industry and aims to enhance Prudential's competitiveness in the market. The affected employees were notified in early October 2023, marking a significant workforce reduction for the company in that location.
Prudential Financial, Inc. cut 237 jobs as of October 1, 2023.
That is roughly 0.6% of the 40,366 people Prudential Financial, Inc. employs.
LayoffTalk has tracked 15 layoff events at Prudential Financial, Inc. since October 2023, affecting a combined 2,392 employees.
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