One of Madison?s largest employers announces it?s laying-off several hundred employees.
According to information released late Friday, WPS Health Insurance will eliminate about 600 jobs. Employees will start getting notices this month and layoffs will continue in phases over the next year.
In all, 280 positions will be cut at the Madison location, and another 250 in Wausau, according to an e-mail sent to WPS employees. Wausau Mayor Jim Tipple says, he?s confident many of the employees who were laid off will find other jobs within the city.
Only 50 jobs will remain at the Wausau location, where the news hit especially hard. Over the phone, other officials there say three other major businesses have recently closed, taking about 1,000 other jobs with them.