GreatWest Lifeco to cut 1500 jobs 13 of its workforce as competition

WINNIPEG — Great-West Lifeco says it will cut 1,500 positions over the next two years in response to changing technology and customer expectations.The cuts are equal to 13 per cent of the Winnipeg-based company’s 12,000 employees in Canada.Great-West says the job cuts are part of a transformation of its business as it faces heightened competition.Canada’s banks and lifecos launch fund of up to $1 billion to help businesses growMore to come …08:04ET 25-04-17