Wisconsin Physicians Service Insurance Corporation announces lay offs for 313 employees

MADISON, Wis. — The Wisconsin Physicians Service Insurance Corporation (WPS) announced Wednesday that 313 employees in Madison and Monona face lay offs.

There are 303 Madison campus and 10 Tradewinds Facility employees that will lose their jobs starting Jan. 21, 2025. WPS says it is part of their resource reduction plan.

The Madison Campus is located at 1717 W Broadway in Monona, but uses a Madison mailing address.

The Tradewinds Facility is at 5049 Tradewinds Parkway in Madison.

Contract losses throughout the federal government contract is stated as a reason why WPS is cutting down on their resources.

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This story was originally published here.

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