Cigna to Lay Off 1,300 Workers Worldwide - KTEN.com - No One Gets You Closer

Cigna to Lay Off 1,300 Workers Worldwide

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DENISON,TX--- One international company with local offices will be eliminating jobs.

Cigna announced November 1st that 1,300 jobs will be cut worldwide now through June 2013. A cigna rep says only a small number of these jobs will in Denison. He says most of the layoffs will occur in Europe.

"The largest impact in the United States is going to be in our home state, where our headquarters is, in Connecticut of about 200 people. Then all the other actions are going to be smaller and spread throughout all of our offices and operations throughout the United States," Cigna Corporation's Jon Sandberg said.

Cigna says they are cutting jobs in order to deliver more cost effective and efficient healthcare. Currently cigna has 35,000 employees worldwide.