Massachusetts’ second largest health insurer lays off 250+ employees in another round of cuts

Massachusetts’ second largest health insurer, Point32Health, laid off an additional 254 employees earlier this week in a second round of layoffs amid financial pressure from medical and pharmaceutical costs.

The latest cuts represent 6.7% of the company’s workforce of more than 3,700 people, The Boston Globe reports.

The cuts follow 110 layoffs implemented in March…

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