Aetna Cutting 3% of Workforce (AET)
Posted on December 18, 2008 at 09:35 AM EST
Aetna (AET) announced late Wednesday that it is cutting 1000 jobs by the year’s end, in an effort to reduce costs and adjust to the slowing economy. Management reaffirmed that the company’s fundamentals are solid, and that it continues to win in the marketplace. Aetna is the third-largest U.S. managed-care company, with over 17.7 million members. The [...]