Blue Shield of California said Friday it has eliminated 140 jobs in El Dorado Hills and Rancho Cordova as it reconfigures its operations in the greater Sacramento area.
The cutbacks mean the health insurer employs around 1,950 workers combined at the two offices. Blue Shield also employs 30 workers at a small office in Sacramento.
Spokesman Sean Barry said the cutbacks are “part cost and part strategy” as the company continues to realign its operations. Barry said 90 jobs have been eliminated in El Dorado Hills. Of those, 50 jobs are being relocated to a Blue Shield office in Lodi. At the same time, 79 positions are disappearing in Lodi.
Another 50 jobs have been eliminated in Rancho Cordova, he said.
Going forward, “Blue Shield of California needs to make changes to its workforce in order to advance our access and affordability mission,” the company said in a prepared statement. “This includes reducing administrative costs and ensuring that we have the right talent, skills and capability to deliver on our strategy.”