PacificSource is cutting another 134 permanent jobs in Oregon, bringing the number of layoffs announced at the Springfield-based health insurer to over 600 since summer 2025.
The latest layoffs come as the company scales back parts of its business and the regional health insurance market faces mounting pressures.
Another Round of Layoffs Affects Four Oregon Cities
The latest job cuts will affect employees in Portland, Bend, Salem and Springfield. PacificSource said the reductions emerged from its decisions to exit certain markets and reduce its business offerings.
In summer 2025, the company had about 1,800 employees, but the latest announcement brings the total number of job cuts since then to over 600- a third of its workforce…