Centene cuts 100K square feet of office space

Centene exited 103,585 square feet of office space in Creve Coeur, Mo., earlier this year, the St. Louis Business Journal reported April 24. 

Advertisement

The St. Louis-based payer has exited at least 600,000 square feet of office space in the past year, according to the St. Louis Business Journal. 

The company has downsized its office space as more employees work remote or hybrid. Centene canceled plans for a $1 billion east coast headquarters in North Carolina in 2022. 

Several other payers have sold or declined to renew leases on office spaces this year. 

Advertisement

Next Up in Workforce

  • Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with contract losses.

  • Arkansas Blue Cross and Blue Shield has started offering “an early-out option to eligible employees,” according to a statement shared…

Advertisement

Comments are closed.