Kaiser Permanente, the non-profit health care provider and Roseville’s largest employer announced yesterday that it will slash more than 1,800 jobs in California or about 2% of it’s total workforce. Northern California is expected to take the brunt of layoffs which are estimated at 1,200.
In the first 6 months of 2009, Kaiser has lost 36,000 members due in part to an economy where people losing their jobs are also losing their health care coverage.
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In spite of the membership loss, for the six months ended June 30, 2009, total operating revenue was $21.1 billion, compared to $20.2 billion in the same period last year. Year-to-date operating income was $1.0 billion, which is equivalent to the operating income reported in the same period last year.*
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