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DES MOINES, Iowa — Dutch bank and insurance company ING Group said it will cut 750 jobs in the United States, about 7 percent of the company’s U.S. workforce.
Affected employees are being told this week of the layoffs, which will be completed by the end of the first quarter, ING spokesman Dana Ripley said. In addition to the layoffs, about 170 vacant positions will not be filled.
The company employs about 11,000 workers in the United States, including about 250 in Denver, where ING operates Security Life Insurance.
The job reductions span all U.S. business units and locations, Ripley said. He was unable to provide a breakout for Denver job cuts Tuesday.
