Blue Shield of California is laying off 373 employees across the state, effective Jan. 25, according to WARN notices filed in November.
The notices, filed with the California Employment Development Department, do not provide a reason for the permanent layoffs.
The bulk of the layoffs are occurring in the Sacramento region, but also include cuts at the insurer's Oakland headquarters and elsewhere in the state, according to the San Francisco Business Times.
"As a nonprofit health plan, Blue Shield of California is driven by its mission to provide access to quality health care that’s sustainably affordable for all," the company said in a statement to the news outlet. "This includes managing administrative costs, operating efficiently, and ensuring we have the right talent, skills, and capabilities in place. In a challenging economy, we have made the tough decision to reduce our staff."
Editor's note: This article was advertised under the headline "Blue Cross of California" in a Dec. 2 edition of the Payer Issues e-newsletter. Anthem Blue Cross of California is an Elevance Health company and is not conducting layoffs. The archived newsletter has been updated to reflect the original correct headline about Blue Shield of California, an independent affiliate.