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In its latest wave of cost-cutting measures, Nationwide Mutual Insurance Co. laid off 480 employees and contractors.

The layoffs are centered in the Columbus, Ohio-based insurer’s information-technology group. Of the total job losses, 230 are full-time Nationwide employees, including 150 based in central Ohio. The remaining 250 are third-party contractors spread across the country, said Eric Hardgrove, Nationwide’s spokesman.

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