Bright Health Group Inc. plans to lay off an additional 68 employees at its Bloomington headquarters after the company recently eliminated nearly 100 positions.
The permanent layoffs are attributed to a “reduction in force initiative” at its headquarters, located at 8000 Norman Center Drive, and will take place on April 1, according to a notice sent to the Minnesota Department of Employment and Economic Development by Bright. Companies with 50 or more employees must report large-scale layoffs to the state.
The earlier round of cuts was prompted by internal restructuring after Bright announced plans last fall to shut down most of its individual insurance and Medicare Advantage product operations, the Business Journal reported in November. Bright had just over 3,200 employees at the end of December 2021, according to its annual report.