Genworth Financial Layoffs

In March 2019, the company revealed plans to cut nearly 80 jobs including 35 operation jobs in Lynchburg and 21 job cuts at its corporate headquarters in Henrico County.Jan 21, 2021

Recent News and Discussions About Genworth Financial Layoffs

Genworth Financial Inc. Layoffs – TheLayoff.com

https://www.thelayoff.com/genworth-financial

Genworth Financial Inc. Layoffs - TheLayoff.com
Layoffs tomorrow 2/5. The company announced significant headcount reductions by end of the week to get a $50 mm savings. Feb 4 …


Genworth Financial notifies workers about job cuts – WTVR.com

https://www.wtvr.com/news/local-news/genworth-financial-notifies-workers-about-job-cuts

Jan 20, 2021 — HENRICO COUNTY, Va. — Virginia-based insurance giant Genworth Financial has begun notifying some of its workers that their jobs are being …


Latest Genworth Financial Layoffs in USA – 6figr.com

https://6figr.com/layoffs/Genworth-Financial

Jun 27, 2022 — Genworth Financial reportedly laid off last on August 30, 2016. What type of employees of Genworth Financial were affected? Both white collar & …


Genworth laying off 95 Richmond-area employees – WRIC

https://www.wric.com/business/genworth-laying-off-95-richmond-area-employees/

Feb 3, 2021 — Richmond-based insurance company Genworth Financial is laying off 95 employees, effective March 27.


Genworth announces Lynchburg layoffs – 105.9 WLNI-FM

Genworth announces Lynchburg layoffs

LYNCHBURG, Va. (AP) _ Genworth has announced the layoff of about 80 employees, including 35 in Lynchburg. The News & Advance reported Monday that Genworth …


718 Genworth Reviews – Glassdoor

https://www.glassdoor.com/Reviews/Genworth-Reviews-E34925.htm

6 days ago — “Many restructurings and layoffs . … This rating reflects the overall rating of Genworth and is not … Jul 7, 2022 — Financial Analyst.


Genworth Financial cutting 95 jobs from its Henrico County …

https://richmond.com/business/genworth-financial-cutting-95-jobs-from-its-henrico-county-corporate-headquarters-operations/article_227b5627-0b40-5e13-b683-7318547e5fbc.html

Jan 26, 2021 — Insurance company Genworth Financial Inc. is laying off 95 employees from its corporate headquarters operations in Henrico County.


Genworth Financial, a major Lynchburg employer, notifying …

https://newsadvance.com/business/local/genworth-financial-a-major-lynchburg-employer-notifying-employees-of-job-cuts/article_c1283eef-3ef4-5cbe-83b7-3129d711ff0f.html

Jan 21, 2021 — Genworth Financial Inc. has started notifying some employees that their jobs are being eliminated after the company’s planned merger with a …


Genworth layoffs announced in Lynchburg, elsewhere | Business …

https://newsadvance.com/business/genworth-layoffs-announced-in-lynchburg-elsewhere/article_7f2deee6-cf51-11e2-96b4-0019bb30f31a.html

Genworth Financial announced Thursday it would lay off 39 people across multiple departments in Lynchburg along with 211 elsewhere in an effort to cut …


Genworth begins telling some workers their jobs will be cut

https://www.nbc12.com/2021/01/21/genworth-begins-telling-some-workers-their-jobs-will-be-cut/

Jan 20, 2021 — RICHMOND, Va. – Insurance giant Genworth Financial has started notifying some of its workers that their jobs are being cut after its planned …


Frequently Asked Questions

Is Genworth Financial still in business?

More than four years after it was first announced, Genworth Financial Inc.’s plan to sell itself to a China-based investment company is officially dead. The Henrico County-based insurance giant said Tuesday it has terminated its merger agreement with China Oceanwide Holdings Group Co.

What is the financial status of Genworth?

Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended September 30, 2021. The company reported net income2 of $314 million, or $0.61 per diluted share, in the third quarter of 2021, compared with net income of $418 million, or $0.82 per diluted share, in the third quarter of 2020.

Who bought Genworth Financial?

China Oceanwide Holdings Group Ltd.

Is Genworth a Fortune 500 company?

October 2016: Genworth agreed to be acquired by China Oceanwide Holdings Group Ltd., a privately held, family-owned international financial holding company based in Beijing, for $5.43 per share or $2.7 billion. March 2017: Shareholders of Genworth voted to approve the company’s acquisition by China Oceanwide.

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