Below are workforce reduction efforts or job eliminations that were announced or take effect in 2025. Insurance industry layoffs in 2024 are here.
Editor’s Note: This webpage was updated June 13 and will continue to be updated this year.
- Molina Healthcare will lay off 268 employees in Virginia before the end of June after the state did not renew its Medicaid contract with the company.
- BCBS Michigan offered buyouts to more than 700 employees in January as it targets hundreds of millions of dollars in administrative cuts. In June, the company said more than 500 employees accepted the offer. The insurer has also insurer eliminated more than 600 positions, of which 400 were unfilled.
- Devoted Health laid off 120 employees in May.
- Elevance Health’s Carelon is ceasing operations in Ireland and will lay off 300 employees in Limerick before the end of 2025.
- UCare is laying off 80 employees, or around 5% of its workforce, as the company faces steep losses amid rising costs in its Medicare Advantage and managed Medicaid businesses.
- Carle Health will lay off 612 employees within its insurance division by July 8 following the Urbana, Ill.-based system’s announcement that its Health Alliance and FirstCarolinaCare subsidiaries would stop offering all insurance plans after 2025.
- Providence Health Plan laid off about 4% of its workforce in May, citing “strong financial headwinds and challenges.”
- Blue Shield of California laid off 113 employees across the state in May.
- Cigna’s Evernorth is laying off 62 employees by July 3 in Morris Plains, New Jersey.
- Blue Cross of Idaho laid off 135 employees after the loss of a state D-SNP contract.
- Point32Health, parent of Harvard Pilgrim Health Care and Tufts Health Plan, eliminated 110 positions in March to “reduce administrative costs as medical and pharmaceutical trends continue to climb to unprecedented levels.
- UnitedHealthcare offered some employees buyouts if they left their job by March 3. The company did not confirm how many employees have received an offer, but across social media, employees said at least 30,000 people were offered a buyout in February.
- Optum laid off 71 employees in Basking Ridge, N.J. before April 23. The company laid off another 160 employees in New Jersey earlier this year.
- University of Michigan Health Plan is shutting down after 2025 and will lay off 192 employees in East Lansing between Dec. 31, 2024 and February 2026.
- Highmark Health laid off 208 employees in Pennsylvania and New York in January at its subsidiary enGen.
- GuideWell, the parent company of Florida Blue, laid off 3% of its workforce across 29 states.
- Arkansas BCBS laid off about 75 employees, or around 2% of the company’s workforce, in March.
- WPS Health Solutions laid off 313 employees in Monona and Madison, Wis. starting Jan. 21, 2025 due to competitive pressures and federal contract losses.
- Government Employees Health Association (GEHA), a federal employee health plan provider, terminated 453 employees in Lee’s Summit, Mo. between Dec. 31, 2024 and April 13, 2025.
- Aetna began laying off more than 600 employees at its Hartford, Conn. headquarters in 2024, most of whom worked remotely. Layoffs will continue through June 2025.
