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Aetna expects $65 million charge
Santa Rosa Press Democrat

Health insurer Aetna Inc. said Wednesday it expects a fourth-quarter charge of up to $65 million to cover costs for a previously announced series of layoffs and office consolidations. In November, the company announced plans to cut 625 jobs, or nearly 2 percent of its staff. It also said it would make a similar number of cuts by the end of 2010.

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