NewsAlert: Great-West Lifeco to cut 1,500 jobs over two years

NewsAlert: Great-West Lifeco to cut 1,500 jobs

WINNIPEG — Great-West Lifeco says it will cut 1,500 positions over the next two years in response to changing technology and customer expectations.

The cuts are equal to 13 per cent of the Winnipeg-based company’s 12,000 employees in Canada.

Great-West (TSX:GWO) says the job cuts are part of a transformation of its business as it faces heightened competition.

More coming

 

 

The Canadian Press

Just Posted

Vernon one of Canada’s most dangerous places

Penticton, Kamloops, Kelowna, Lake Country and Salmon Arm also make Maclean’s list

Traci Genereaux: Gone, but not forgotten

COLUMN: Family, friends want justice for Vernon teen

Sagmoen’s court case adjourned again

Curtis Sagmoen will appear back in court on Dec. 14

Woman extricated after single-vehicle crash

Incident took place on Foothill Road in Salmon Arm.

Uber official says public needs to push for ridesharing in B.C.

Mike van Hemmen tells Kelowna Chamber of commerce ridesharing would be ‘win-win-win’

Okanagan ski hills open for the season

Both Big White and Silverstar Resort open for the 2017-18 season Thursday

Four years for discharging shotgun in home, school break-in

Yvon Martel also threatened his wife and broke into an elementary school

An adopted cat is the best 10 pounds you’ll gain this season

BC SPCA encouraging families to add a forever feline friend during adoption event Nov. 24 to Dec. 3

Up close and personal roots performance on Vernon stage

The Vernon and District Performing Arts Centre Society presents William Prince Nov. 29-30

B.C. co-ops relieved with Ottawa’s housing strategy

Federal government to have a new co-operative housing funding model in place by 2020

Letter to the editor: Missing woman’s parents appreciate search effort

To take part in the banner drop, poster distribution and the drone… Continue reading

Investigating effects of wildfires on business

Thompson Okanagan Regional District researching what help is needed after 2017 wildfire season.

Mayor’s column: Be silent no more

Please join us on Dec. 6 at the Salmon Arm Campus of… Continue reading

Column: On stars and sleighs

In the immortal words of Elvis, my hands were shaking and my… Continue reading

Most Read