MassMutual will close Ballantyne office this summer, laying off 160-plus employees

Massachusetts Mutual Life Insurance Co. will close its Ballantyne office as of June 30 and lay off 164 employees here.

MassMutual will lay off 163 employees on June 3, followed by one more between June 27 and July 3, according to a Worker Adjustment and Retraining Notification filed with the North Carolina Department of Commerce. The office is in the Woodward Building at 11215 N. Community House Road in Ballantyne.

The company said the closing is due to ongoing consolidation of its operations.…

from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_2/~3/N4ATiaLDnwc/massmutual-will-close-ballantyne-office-this.html
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