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Reporter writing about layoffs

Hello, I am Mansur Shaheen and I cover health insurance companies for a Financial Times newsletter. I have heard that around 5-10% of Molina's workers were impacted by layoffs, I am sorry to hear about this.

If any one impacted would like to talk, be in touch at Mansur.Shaheen@FT.com


Cigna to Cut 2,000 jobs reported in News Today

https://www.healthcarefinancenews.com/news/cigna-cut-2000-jobs

Cigna plans to reduce its global workforce by approximately 2,000 positions, representing less than 3% of its workforce.

The layoffs will occur by the end of February.

A spokesperson for The Cigna Group said by statement: "As we drive greater efficiency across our business, we have made the difficult decision to reduce roles in our workforce. This decision was made with deliberate care and focus, and we are providing a package that includes a variety of transition services for impacted colleagues."

Cigna did not give specifics on which jobs or departments would be impacted.

The news coincides with Cigna’s Q4 and full-year 2025 earnings release in which the managed care company reported better-than-expected results for the quarter but set its full-year earnings guidance below expectations.

During the earnings call, President, CEO and Chairman David Cordani announced the settlement of a lawsuit with the Federal Trade Commission over Express Scripts' insulin pricing.


Ohio Companies Announce Hundreds of Layoffs

Nine Ohio companies recently filed 11 WARN notices with the state. These filings indicate hundreds of impending job losses across various sectors. Affected industries include manufacturing, retail, and services. The federal WARN Act mandates 60 days' notice for mass layoffs. Ohio's Rapid Response team offers support and resources to impacted employees.

https://www.mahoningmatters.com/news/local/article314635552.html


Kyndryl - uh oh

IBM’s spinoff, Kyndryl, seems to be in a wee bit of trouble.

I was going to attach a link, but honestly, just Google it — there are plenty of articles out there.

It’s a company led by former IBM executives, operating with the same policies, technology stack, infrastructure, and culture.

Something is rotten. Will it infect the mothership?


National Lab of the Rockies, formerly NREL, lays off more than 130 employees

Weeks after scrubbing “renewable energy” from its name, the National Laboratory of the Rockies in Golden, formerly known as the National Renewable Energy Laboratory, is also shedding workers.

The cuts impacted 134 employees engaged in both research and operations at the laboratory, according to an emailed statement from David Glickson, a spokesperson for the federal research center.

https://www.cpr.org/2026/02/09/nrel-layoffs-2026/


Pat Gelsinger receives $150M from CHIPS Act to to build a Free-Electron Laser EUV

xLight, a U.S.-based startup developing an EUV light source based on a particle accelerator, on Tuesday signed a Letter of Intent (LOI) with the U.S. Department of Commerce for $150 million in proposed federal incentives under the CHIPS and Science Act. xLight came out of the blue earlier this year when it hired Pat Gelsinger, former chief executive of Intel, as executive chairman. The money, if awarded, will be used to bring xLight's free-electron laser (FEL) based light source closer to reality once it is built in Albany and its viability is proven in practice.

https://www.tomshardware.com/tech-industry/semiconductors/u-s-government-awards-gelsinger-backed-euv-developer-xlight-with-usd150-million-in-federal-incentives-company-to-develop-new-electron-based-light-source-for-lithography-tools


Cox Enterprises Cuts AJC Staff for Digital Focus

The Atlanta Journal-Constitution announced additional layoffs this week. Parent company Cox Enterprises is accelerating its digital transformation strategy. These cuts aim to align resources with evolving reader habits. The move reflects broader challenges facing regional newspapers nationwide. Declining print revenue and shifting consumption patterns force painful restructuring decisions.

https://www.webpronews.com/atlanta-journal-constitution-cuts-staff-again-as-cox-enterprises-accelerates-digital-first-strategy-amid-industry-upheaval/


10,000 more cuts

https://internationalnewsandviews.com/sap-layoffs-10000-jobs-cloud-ai-strategy-2026-396897-2/

I thought this might be from last year or year before but nope, just a copy paste


Designer Brands confirms layoffs

Designer Brands, owner of Designer Shoe Warehouse, confirmed that the company underwent layoffs last week.

The company did not answer questions regarding the number of employees or departments impacted. Designer Brands also did not comment on questions regarding whether employees were offered severance or other benefits, but did state that the company’s priority “is to support affected associates with the resources they need during this transition.”

https://www.retaildive.com/news/designer-brands-dsw-confirms-layoffs/811413/


CVS Health to lay off over 300 remote employees who report to Aetna HQ in Hartford

The layoffs - which are expected to be permanent - were attributed to "operational changes in CVS Health Aetna's Small Group business segment," according to the letter. Layoffs will occur between early April and late July, according to the letter.

https://www.msn.com/en-us/money/companies/cvs-health-to-lay-off-over-300-remote-employees-who-report-to-aetna-hq-in-hartford/ar-AA1VKElx


Rumors of February layoffs were true

  • Workday announced layoffs affecting about 2% of its workforce, mostly those in customer-service roles.
  • The company said it's realigning resources while continuing to hire in strategic areas and locations.
  • The cuts come as AI developments rattle software investors, with Workday shares down about 34% from a year ago.

https://www.businessinsider.com/workday-layoffs-amid-software-stock-sell-off-2026-2


The worst January for layoffs since 2009

  • U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The total marked the highest for any January since 2009.
  • At the same time, companies announced just 5,306 new hires, also the lowest January since 2009, which is when Challenger, Gray & Christmas began tracking such data.
  • Also, job openings fell sharply in December to 6.54 million, to their lowest since September 2020. Available jobs are down by more than 900,000 just since October.

https://www.cnbc.com/2026/02/05/layoff-and-hiring-announcements-hit-their-worst-january-levels-since-2009-challenger-says.html


Will she find her thrill on Capitol Hill?

Enjoyed seeing the CEOs of United Healthcare and CVS/Aetna getting scolded by different members of congress last week. How can we make sure Sarah doesn’t miss out on that fun? I need to see her explaining all her little “High Touch Initiatives” put in place in those state plans with high MCR rates. Popcorn ready!