USAA slashes 300 more jobs after reporting its first annual financial loss in a century

México Noticias Noticias

USAA slashes 300 more jobs after reporting its first annual financial loss in a century
México Últimas Noticias,México Titulares
  • 📰 SAcurrent
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

The company already announced a total of 605 job cuts this year before its current round of layoffs. SanAntonio SATX SanAntonioTX USAA economy

reported a loss of $1.3 billion

on sales of $36.3 billion for 2022. That compares to $3.3 billion profit on sales of $37.5 billion the prior year. Officials with the USAA, which is heavily reliant on its insurance products, blamed the loss on record inflation, a rise in natural disasters and a drop in investment returns.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

SAcurrent /  🏆 607. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

On heels of 2022 loss, USAA lays off another 300 employeesOn heels of 2022 loss, USAA lays off another 300 employeesUSAA confirmed Wednesday it has laid off another 300 employees, following recent news that the company suffered its first loss in 100 years.
Leer más »

USAA eliminates 300 more employees in new round of job cutsUSAA eliminates 300 more employees in new round of job cutsTo date in 2023, USAA has laid off more than 900 employees.
Leer más »

Ex-Bachelorette star Samuel Minkin caught with over 300 lbs of cannabisEx-Bachelorette star Samuel Minkin caught with over 300 lbs of cannabisA former Bachelorette “star” has avoided prison after he was caught driving a van carrying over 300 pounds of cannabis to Queensland.
Leer más »

Dow ends over 300 points lower, loses grip on gains for the yearDow ends over 300 points lower, loses grip on gains for the yearU.S. stocks closed lower on Tuesday, with the Dow Jones Industrial Average losing its grip on gains for the year. The Dow closed about 336 points lower, or 1%, ending near 33,012:
Leer más »

Stimulus check update: Direct payment worth $500 for more than 300 families to be sent todayStimulus check update: Direct payment worth $500 for more than 300 families to be sent todayA program sending $500 monthly payments to 305 families in Sonoma County, California, is sending its next payment to recipients on Wednesday. The Pathway to Income Equity pilot program selected 305 families out of 6,450 applicants.
Leer más »

USAA lays off another 300 employees in latest round of cuts. Move follows first loss in a century.The San Antonio-based insurance and financial services company said the layoffs affected employees in various roles and departments.
Leer más »



Render Time: 2025-03-01 17:49:28