California’s largest provider of workers’ compensation insurance plans to lay off more than 500 employees in Glendale next year — part of an overall strategy to cut up to 1,800 jobs statewide.
The government-controlled State Compensation Insurance Fund had planned to reduce expenses through negotiated concessions, consolidating offices and relocating thousands of workers, but officials said a drop in premiums paid by client companies forced the more drastic action.
The agency has already closed its Burbank claims-processing office at 2400 W. Empire Blvd., moving most of the 200 jobs to Fresno and Redding, but even some of those employees could lose their jobs.
“This decision was not easy,” fund spokeswoman Jennifer Vargen said.
Dozens of workers on Wednesday protested the layoffs outside the firm’s six-floor claim adjustments office at the Unum building near the Ventura (134) Freeway in Glendale. The office is slated to close in September.
“We all feel like he [Chief Executive Tom Rowe] lied to us,” said Richard Orrange, who has worked for the company for more than eight years.