Centene Lays Off 2,000 Employees After Canceling East Coast HQ Plans

Centene plans to lay off about 2,000 employees starting October 2.
Layoffs come after the company canceled plans last August for an East Coast headquarters in North Carolina.
At that time, Centene said nearly 90% of its workforce was remote or hybrid.
Centene says layoffs will "rightsize" the company's cost structure.
Impacted employees will receive severance packages and outplacement services.

kmov.com

Relevant topic timeline:

8/24/2023

T-Mobile to lay off 5,000 employees

T-Mobile is planning to lay off 5,000 employees, approximately 7% of its workforce, over the next five weeks in an effort to streamline its operations and reduce costs.