Job losses from Saint Paul Companies deal

Programs & Series | MPR News Feature | Types | Reports | Topics | Finance & Economy |
July 13, 1999
Bill Catlin - Reporter
Listen: Job losses from Saint Paul Companies deal
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Mayor Norm Coleman says the loss of hundreds of St. Paul company jobs hurts, but he also says the cuts come while the city is on the upswing. The St. Paul companies announced yesterday it will cut 500 to 600 jobs as a result of selling its home and automobile insurance businesses to MetLife of Rhode Island. The deal also may jeopardize an additional 530 Minnesota jobs which are being transferred to MetLife Auto and Home.

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