Forty of the 140 employees at Nationwide's Wausau, Wis., office will lose their jobs beginning in May and will shift a local department to Cincinnati and Columbus, Ohio, where technology already is in place to improve efficiency and reduce duplication of services, according to the Wausau Daily Herald.

The employees affected are a part of the retirement-plan services, and handle record keeping and administration of 401(k) retirement plans.

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