Richmond-based Genworth Financial announces leadership shake-up

May 2, 2012 Full story: WTVR Richmond

The resignation comes on the heels of the company's quarterly report that show another decrease in revenue from this time last year.

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Newly laid off

Sonoma, CA

#1 May 3, 2012
The first decision of the highly compensated executives was to eliminate as many positions below them as it takes to keep their own jobs. That will be today's news story on Genworth.
new hammer time

Richmond, VA

#2 May 3, 2012
Newly laid off wrote:
The first decision of the highly compensated executives was to eliminate as many positions below them as it takes to keep their own jobs. That will be today's news story on Genworth.
Like this is a great surprise. How many highly paid execs. does it take to drive a company in the ditch??????Care to answer.

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