{"id":51261,"date":"2025-07-09T11:25:29","date_gmt":"2025-07-09T11:25:29","guid":{"rendered":"https:\/\/www.europesays.com\/us\/51261\/"},"modified":"2025-07-09T11:25:29","modified_gmt":"2025-07-09T11:25:29","slug":"fortune-500-company-cuts-jobs-in-n-j-for-the-fourth-time-this-year","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/51261\/","title":{"rendered":"Fortune 500 company cuts jobs in N.J. for the fourth time this year"},"content":{"rendered":"<p class=\"article__paragraph article__paragraph--left\" id=\"6MCUO7OFXVAVNEOUDS5JQUN2XE\">Global health company <a href=\"https:\/\/www.thecignagroup.com\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.thecignagroup.com\/\">The Cigna Group<\/a> completed its fourth round of layoffs this year at its New Jersey-based subsidiary Cigna Evernorth Health Services last week.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"ZCO2BN4DUNHUXC2FUHFLZSICZ4\"><a href=\"https:\/\/www.evernorth.com\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.evernorth.com\/\">Evernorth<\/a>, which provides pharmacy care and benefits solutions, announced layoffs back in April impacting 62 employees at its office in Morris Plains, according to a <a href=\"https:\/\/www.nj.gov\/labor\/assets\/PDFs\/WARN\/2025_WARN_Notice_Archive.pdf\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.nj.gov\/labor\/assets\/PDFs\/WARN\/2025_WARN_Notice_Archive.pdf\">Worker Adjustment and Retraining Notification <\/a>filing with the state.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"53FQDSAXRRDFTFYOWFJ3TMALLY\">The previous cuts took effect on March 15, March 29, and April 12, according to the notice. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"XNCSBITASBDOPLJYGPUMB2JP5U\">The staff reductions impacted employees in the technology and operations divisions, according to a company statement sent to NJ Advance Media. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"BZKCU4OCSFEF7HHM4Y6WO76ZDY\">\u201cThis decision was made with great care and focus, and we are providing a package that includes a variety of transition services for impacted colleagues,\u201d a Cigna spokesperson said.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"I5X4IGYV7ZG7FICY4ZVX2PQODY\">Launched by Cigna in 2020, Evernorth specializes in pharmacy solutions, benefits management, care solutions, and data and analytics, according to its website. For example, the company offers a service called <a href=\"https:\/\/www.familypathbenefits.com\/familypath\" target=\"_blank\" rel=\"nofollow noopener\">FamilyPath<\/a>, which helps users access comprehensive fertility benefits, such as a fertility advisor and 24\/7 pharmacy support services. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"HNO3V3ISRZAMLJH7C5OWUQ2NH4\">In addition to Evernorth\u2019s office in Morris Plains, the company also has a presence in St. Louis, Missouri, according to its website. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"KVVCD6YHCNF33PRDYV6SBY4JJA\">Evernorth\u2019s parent company, Cigna, headquartered in Bloomfield, Connecticut, is one of the largest health insurance organizations in the world. The global company offers a wide range of health benefits, including medical, mental health, dental, and vision in more than 30 countries. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"VCFPXLOPENE6HLFP66HOKTNMAE\">Cigna ranked number 13 on the Fortune 500 list of the highest-revenue generating companies in the United States with $247 billion in revenue recorded for 2025. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"IX2WM4J4OVF6TO5UVSBDIPGI34\">The company employs more than 64,000 people through its subsidiaries Cigna Healthcare and Evernorth Health Service. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"FFA3A4C5URC5TKAB6Z35UCYJAQ\">It\u2019s unclear exactly how many of those employees report to its Evernorth office in Morris Plains. <\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"QCWX377H7NEWRDEUDVBOU225E4\">Thank you for relying on us to provide the journalism you can trust. Please consider supporting<a href=\"https:\/\/www.nj.com\/\" target=\"_blank\" rel=\"nofollow noopener\"> NJ.com<\/a> with a subscription.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"D6VJ7CLYVJEODNYRUNWFZ33TUQ\"><a href=\"https:\/\/www.nj.com\/staff\/jroman\/posts.html\" target=\"_blank\" rel=\"nofollow noopener\">Jackie Roman<\/a> may be reached at <a href=\"https:\/\/www.nj.com\/healthfit\/2025\/07\/mailto:jroman@njadvancemedia.com\" target=\"_blank\" rel=\"nofollow noopener\">jroman@njadvancemedia.com<\/a>.<\/p>\n<p>If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our <a href=\"https:\/\/www.advancelocal.com\/advancelocalUserAgreement\/user-agreement.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">User Agreement<\/a> and agree that your clicks, interactions, and personal information may be collected, recorded, and\/or stored by us and social media and other third-party partners in accordance with our <a href=\"https:\/\/www.advancelocal.com\/advancelocalUserAgreement\/privacy-policy.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Privacy Policy.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Global health company The Cigna Group completed its fourth round of layoffs this year at its New Jersey-based&hellip;\n","protected":false},"author":3,"featured_media":51262,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[210,1141,1142,67,132,68],"class_list":{"0":"post-51261","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-health-care","8":"tag-health","9":"tag-health-care","10":"tag-healthcare","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114823031949509592","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/51261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=51261"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/51261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/51262"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=51261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=51261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=51261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}