Tuesday, October 16, 2018
Business

MetLife Tampa operation will lay off 74 this fall

TAMPA — MetLife, the banking and insurance giant that runs its national finance operations in Highwoods Preserve, said it will lay off 74 employees here this fall.

A spokeswoman said two organizational changes led to the downsizing: MetLife's U.S. retail adviser force, the MetLife Premier Client Group, was acquired by Massachusetts Mutual Life Insurance Co. in a deal announced in February; and MetLife will stop taking new individual disability insurance policies on Sept. 1.

The affected employees supported those operations, the spokeswoman said.

The company still has more than 2,000 employees in the Tampa Bay area.

MetLife filed notice of the layoffs to the state under the Worker Adjustment Retraining and Notification Act. The company said the layoffs would take place from Aug. 31 through Oct. 31.

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