New Master Services Deal Prompts Uncertainty for About 900 Health Net Jobs
Health Net estimates that 878 employees' jobs will be shifted to Cognizant Technology Solutions Corp. under a two-year transition plan detailed in a seven-year master services agreement reached in November 2014. Although the deal still needs regulatory approval, the companies expect immediate changes in jobs to take effect between June 26 and July 10. Under the agreement, about 27 additional Health Net workers could be laid off.
- "900 Heath Net Workers in Rancho Cordova Face Uncertain Future" (Robertson, Sacramento Business Journal, 5/12).