Jackson National Life Insurance Co is permanently laying off 64 employees at its Franklin office, reports Nashville Business Journal.
Per a notice filed with the Tennessee Department of Labor and Workforce Development that the Business Journal obtained, layoffs are happening in three rounds, with the first on June 15. The next two rounds are July 6 and Aug 3. These positions will be relocated to the company’s headquarters in Lansing, MI to create space at the Williamson County office for 200 employees the company is relocating from its Denver office,writes Patrick Rich, a company spokesman, via e-mail.
“As of mid-2017, the company employed almost 500 people, ranking it among the 25 largest employers in Williamson County,” reports Nashville Business Journal.
Jackson National Life Insurance Co’s Franklin operations is located at 300 Innovation Drive, Franklin, TN 37067.
Read more from Nashville Business Journal here.