Medica insurance provider in Minnesota announces 6% workforce reduction, affecting 162 employees, to align resources with business priorities.

Medica, a Minnesota-based insurance provider originally founded in 1975, has announced a 6% workforce reduction, impacting 162 employees. The company stated that the decision was made to align resources with business priorities. Medica has pledged to offer support to the affected employees, including severance payments, outplacement services, and other benefits.

February 04, 2024
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