Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Molina Healthcare in NM preparing to hire hundreds
The Albuquerque Business Journal ^ | September 14, 2017 | May Ortega, Albuquerque Business First

Posted on 09/16/2017 6:15:02 PM PDT by 2ndDivisionVet

Molina Healthcare of New Mexico, the state's second-largest private company, announced Thursday it would be hiring 250 people for contact center jobs.

In a statement, Molina said those hires should be completed over the next year.

The hiring announcement comes almost two months after Molina announced plans for companywide layoffs.

In July, Albuquerque Business First reported the company would be cutting up to 1,400 jobs, or 10 percent each from its corporate department and health plans. At that time and on Thursday afternoon, the company declined to comment on how many jobs would be lost at the New Mexico branch, which employed 1,066 people as of 2016.

Spokesperson Laura Murray told Business First that layoffs will not be broken down by state. In a statement, the company said it is eliminating "some positions that are not meeting our quality, affordability and efficiency goals."

"We thank all of our departing colleagues for their contributions to Molina, and are committed to treating them with dignity and respect by providing severance and outplacement assistance to ease the transition," the company wrote in a statement. "Fortunately, the net number of positions located in the state will actually increase."

Murray declined to give an estimate on what the company's New Mexico workforce count would look like after the hires and layoffs.

The cuts and hires are a part of a restructuring plan called Project Nickel, read an internal memo sent by Molina's chief financial officer and interim CEO Joe White, obtained by Business First in July. This comes amidst "significant internal and external uncertainty," White wrote in the two-page memo.

Molina Healthcare of New Mexico confirmed to Business First in early May that it would be laying off 81 of its 1,066 full-time employees. The company declined to comment Thursday on whether those layoffs were included in the upcoming wave, but said much of the "large scale reorganization" is complete.

In early May, the company's shares dropped by 17 percent, prompting the ouster of former CEO J. Mario Molina and former CFO John Molina, both sons of the health care provider's founder C. David Molina.


TOPICS: Business/Economy; Health/Medicine; Local News
KEYWORDS: jobs; newmexico

1 posted on 09/16/2017 6:15:02 PM PDT by 2ndDivisionVet
[ Post Reply | Private Reply | View Replies]

To: 2ndDivisionVet

They expect citizenship and welfare to be handed to them by Right. Most of the political establishment has promoted this attitude.


2 posted on 09/16/2017 7:02:20 PM PDT by arthurus
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson