CEDAR RAPIDS, Iowa -Transamerica is laying off 53 Cedar Rapids employees.
The Gazette reports the company revealed the employee reduction in a WARN notice filed with Iowa Workforce Development.
Transamerica also downsized its workforce in Cedar Rapids by hundreds in 2018 when it outsourced some business to an India based company.
Transamerica is an investment holding company based in Baltimore, but also has major offices in Cedar Rapids.
(Image from Transamerica)