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Article: Job cuts at Amerigroup affect Virginia Beach.(Business)
- Article from:
- The Virginian-Pilot (Norfolk, VA)
- Article date:
- June 24, 2008
CopyrightCOPYRIGHT 2008 The Virginian Pilot-Ledger Star. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Tom Shean
The Virginian-Pilot
virginia beach
Amerigroup Corp., citing increased pressure to contain costs, said Monday that it eliminated slightly more than 80 jobs, including 40 in Virginia Beach.
"We thought this was the appropriate action to take in light of the current business environment," said Kent Jenkins Jr., spokesman for the Virginia Beach-based company.
Amerigroup, which provides managed care for beneficiaries of Medicaid and other government-funded health care programs, also cut 165 positions that were already vacant, Jenkins said.
Earlier this month, Amerigroup suspended its guidance to investors ...