Irish government sells Irish Life personal finance to Great-West Lifeco for $1.7 billion
Minister for Finance confirms historic transaction and that Irish jobs at the company will be saved
Published Wednesday, February 20, 2013, 7:56 AM
Updated Wednesday, February 20, 2013, 7:56 AM
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seanomelb | Feb 20, 2013, 06:08 PM EST
mergers always mean job losses.If I worked at Irish life I'd be worried.
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TisEyerish | Feb 20, 2013, 10:34 AM EST
I worked for Great-West when they had their healthcare insurance division in the United States. Eventually, they sold to Aetna. It was all done on the QT, although most of the employees sensed something in the works. The day we were let go (my 61st birthday and two days before Thanksgiving), we were given 20 minutes to clean out our desks and be escorted out the door. I begged for a little more time for those of us leaving, so we could at least say goodbye to our friends. There were many tears that day. The way the company handled it was absolutely terrible. For that reason, I have absolutely no respect for Great-West.
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