Travelers to Eliminate 450 Jobs This Week, Targeting Auto Unit

Travelers Cos., the insurer cutting jobs at its auto business, said it will give notice to about 450 employees this week that their positions are being eliminated.

The insurer will also cut jobs through attrition, Brian MacLean, the chief operating officer of New York-based Travelers said today in a conference call.

To contact the reporter on this story: Megan Hickey in New York at Mhickey18@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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