MetLife Places 2,600 Staff in North Carolina Amid Cuts

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MetLife Inc., the largest U.S. life insurer, is shifting workers to North Carolina as Chief Executive Officer Steven Kandarian seeks to reduce costs.

Administrators for the U.S. retail business will be in Charlotte, while some technology and operations employees will be based in Cary, John Calagna, a MetLife spokesman, said today in a phone interview. MetLife will have 2,600 employees in the state by 2015, Governor Pat McCrory said in a statement.