ING Announces Iowa Job Cuts

November 11, 2010 by N/A

DES MOINES, Iowa — ING Life Insurance & Annuity Co. in Des Moines said its planning to cut 38 jobs at it’s downtown Des Moines office.

The company is located at 909 Locust St.

Company spokesman Dana Ripley said 4 percent of their workforce across the U.S. will be cut during this restructuring effort as the company prepares to go public by 2012. Laid off workers will receive severance and career counseling, Ripley said.

The cuts are expected to happen around the end of the year.

ING is a Dutch-owned company that employs around 830 people in Des Moines.

Originally Posted at The Des Moines Register on November 10, 2010 by N/A.