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home / articles / NVS - Health Insurer Centene Streamlines - Plans Massive Layoffs To Cut Costs: Report | Benzinga

NVS - Health Insurer Centene Streamlines - Plans Massive Layoffs To Cut Costs: Report | Benzinga

Novartis AG

Centene Corporation (NYSE: CNC) is reportedly laying off about 3% of its workforce as the health insurer plans to cut expenditures and accelerate profits over the years.

The terminations will affect about 2,000 people, according to a report by Bloomberg, which cited a company spokesperson.

The company's expenses in the first six months of the year soared nearly Full story available on Benzinga.com
Stock Information
Company Name: Novartis AG
Stock Symbol: NVS
Market: NYSE
Website: novartis.com
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