Wausau Cuts 120 From Workforce

Plans by Wausau Insurance to shift its focus toward the mid-to large-sized business market will mean the company will shut down its new Web venture and shave nearly 10 percent of its workforce, the company said.

According to a company statement last week, the Wausau, Wis.-based insurer notified most of the 120 employees affected by the reorganization with a 60-day layoff notice last Tuesday.

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