Kentucky-based insurer Humana to lay off 2% of workforce


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

LOUISVILLE, Ky. (AP) — A health insurance provider says it's laying off more than 800 people.

The Louisville, Kentucky-based Humana announced Monday it'd be cutting 2% of its workforce by the end of the year, with some employees being let go as early as Thursday. Severance will be provided.

The Courier-Journal reports that Humana employs 41,600 nationwide, so 2% would be about 832 people. The company says it expects to keep 12,000 in Louisville.

Spokeswoman Kate Marx stated the company began evaluating its "work and cost structure" this year. Marx didn't say where cuts will be made.

Officials said employees are encouraged to apply for the some 2,000 other open positions nationwide.

Humana is one of the country's largest privately run Medicare providers. It laid off more than 1,000 during cuts in 2017 .

___

Information from: Courier Journal, http://www.courier-journal.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast