Thread regarding Independence Blue Cross layoffs

IBX laid off 3% of staff amid ‘cost pressures’ and increasing competition

Independence Blue Cross told employees on Monday that 3% of staff would be laid off as part of restructuring at the company. Affected employees, about 130 people, were informed Tuesday.

The company confirmed Wednesday that the workforce reduction affected Independence and some of its subsidiaries, AmeriHealth and Tandigm Health, across a total workforce of about 4,600. AmeriHealth Caritas was not included in the reduction.

CEO Gregory Deavens announced the restructuring and workforce reduction on Monday, according to a company statement shared by a spokesperson. Those impacted will be offered severance and other benefits.

https://www.inquirer.com/business/independence-blue-cross-workforce-layoffs-20241030.html

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