Cigna to Cut 2,000 Jobs by Month's End
SOURCENews reportView the filing ↗
What we know
Location: Bloomfield, Connecticut.
Based on news reporting.
Summary
The Cigna Group, based in Bloomfield, Connecticut, has announced plans to cut 2,000 jobs by the end of October 2023. This decision is part of the company's ongoing efforts to streamline operations and reduce costs amid challenging market conditions. The layoffs are expected to impact various departments, although specific details on which areas will be affected have not been disclosed. The company has indicated that these job cuts are necessary to enhance efficiency and maintain competitiveness in the healthcare sector. The layoffs are set to take effect by the end of the month, marking a significant reduction in the workforce.
The Cigna Group cut 2,000 jobs in CT as of October 31, 2023.
That is roughly 2.8% of the 70,325 people The Cigna Group employs.
LayoffTalk has tracked 4 layoff events at The Cigna Group since October 2023, including 62 jobs documented in official WARN filings, with 3 additional events known from news reporting.
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