Progressive Corp. to layoff 341 people

Associated Press - November 15, 2007 11:15 PM ET

MAYFIELD VILLAGE, Ohio (AP) - Progressive Corporation says its laying off 341 employees as part of a companywide reorganization.

The auto insurer based near Cleveland says 263 jobs are being cut from its information technology group.

Another 78 jobs are being eliminated from its personal lines group, where the layoffs are affecting mostly supervisors and managers in the company's sales and customer service call centers.

Progressive CEO Glenn Renwick says the company will try to find jobs for those who have been laid off.

The layoffs won't take effect until November 30th.

Progressive says most of those affected are based in Cleveland.

The company is the nation's third biggest auto insurer and has more than 26,000 employees nationwide and almost 10,000 in northeast Ohio.

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