John Hancock Financial to close downtown Milwaukee office

John Hancock Financial Services has notified the state that it will close its downtown Milwaukee office by Dec. 17, eliminating 90 jobs.

The company filed the layoff notice with the Wisconsin Department of Workforce Development.

The Milwaukee office to be closed is located at 333 W. Everett St.

The Department of Workforce Development and its regional partners at the HIRE Center are providing rapid response services to the affected employees, who include 77 administrative support workers, some managers and some sales staff.

John Hancock is a Boston-based subsidiary of Toronto-based Manulife Financial.

A company spokesman could not be reached to comment on the reasons for the closure of the Milwaukee office.

Marcus Corp. will ring closing bell at NYSE on Nov. 1

Managers and members of the board of directors of The Marcus Corporation will celebrate the company’s 75th anniversary by ringing the closing bell at the New York Stock Exchange on Monday, Nov. 1 at 4 p.m. Eastern Time.

“75 years is an incredible achievement for The Marcus Corporation,” said Gregory S. Marcus, president and chief executive officer. “A lot has changed since my grandfather, Ben Marcus, opened his first movie theatre in Ripon, Wisconsin, on November 1, 1935. Our ability to embrace change and make it work to our advantage is based on a set of guiding philosophies Ben established 75 years ago. These philosophies were further strengthened by Stephen H. Marcus, my father and our current chairman, and will continue to guide our future.”

Interested parties can watch a live Webcast of The Closing Bell ceremony on www.nyse.com, by accessing the investor relations section of the company’s Web site: www.marcuscorp.com, or directly at: http://www.nyse.com/attachment/liveflashbell.htm. Archived video will be available on the event page on www.nyse.com approximately 30 minutes after the event and will also be archived on The Marcus Corporation’s website.

 

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