AIG to close Milwaukee center, lay off 291 - The Business Journal of Milwaukee:

http://www.teva-tlv.org/casa-maria.php
The Midwest Operations Center at750 W. Virginia St. in Milwaukee's Walker's Pointf neighborhood, which had a total of 312 will beshut down. AIG laid off 254 of thoswe employees andretained 58, who will move to a marketinfg and operations center at 1200 N. Mayfair Road in Wauwatoss or possibly workfrom home. The compan also eliminated 37 jobs at the Mayfair Road The Milwaukee employees who were laid off worked for the contractsand licensing, underwriting, new business and operationsd development departments. Employees could be seen leaving the Virginias Street office Tuesday afternoon with boxesof belongings. A tablre had been set up in the lobby to assisr employees withthe layoffs.
The totalk reduction amounts to about 17 percen of AmericanGeneral employees. American General is a subsidiary of beleaguereed insurancegiant , or AIG, whicb has laid off hundreds of employeexs worldwide this year. Milwaukee and Houston are the two citie s most heavily impacted by the layoff causedby “unprecedented” economi c conditions, according to Shayna Schulz, American Genera l vice president of corporatd communications. Schulz did not provide the totao number of American General employee sin Houston. Some other AIG divisionse with offices here have had layoffssince September, she added.
All affected employees have been providex with outplacement services and are eligible for open positiond elsewherewith AIG. “We are deeply grateful for the contributionds of our colleagues who have been impacted by this decisionh and believe it will result in American Generapl Life Companies becoming a more competitiv organization focusedon long-terj profitable growth that will benefiy all shareholders, policyholders, as well as our the company said in a statemenf issued Tuesday.