Long Beach, Calif.-based Molina Healthcare will lay off 53 employees in Milwaukee beginning Dec. 15, according to a Worker Adjustment and Retraining Notification Act filing.
The layoffs are part of the payer's plan to cut 1,400 jobs to shore up finances, which it announced in July. Molina recorded a net loss of $230 million in the second quarter of fiscal year 2017, compared to net income of $33 million in the same period last year.
So far, Molina issued plans to cut 54 positions in California and 120 in Michigan.
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