Talcott Resolution Life Insurance layoffs, on the record
Every job cut, severance charge and restructuring Talcott Resolution Life Insurance reported in its annual reports, 2016 to 2018, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe filing notes that The Hartford's expense reduction initiatives and other actions, which may include acquisitions, divestitures or restructurings, carry risks and uncertainties.
Word for word“The Hartford's ability to execute on its expense reduction initiatives and other actions, which may include acquisitions, divestitures or restructurings, is subject to material challenges, uncertainties and risks.” 10-K for 2016
Our summaryThe filing lists forward-looking risks tied to The Hartford's expense reduction initiatives and other actions, which may include acquisitions, divestitures or restructurings.
Word for word“the risks, challenges and uncertainties associated with The Hartford's expense reduction initiatives and other actions, which may include acquisitions, divestitures or restructurings; ◦ the Company’s ability to protect its intellectual property and defend against claims of infringement; • Regulatory and Legal Risks: ◦ the cost and other potential effects of increased regulatory and legislative developments, including those that could adversely impact the Company’s operating costs and required capital levels; ◦ unfavorable judicial or legislative developments; ◦ the impact of changes in federal or state tax laws that could impact the tax-favored status of life and annuity contracts; and ◦ the impact of potential changes in accounting and financial reporting of the liability for future policy benefits, including how we account for our long-duration insurance contracts, including the discounting of life contingent fixed annuities.” 10-K for 2017
Talcott Resolution Life Insurance has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Talcott Resolution Life Insurance’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.