Latest news with #Carelon


Irish Post
6 days ago
- Business
- Irish Post
Irish Government offers support as Carelon closure brings 300 job losses
THE closure of a health tech firm in Co. Limerick will mean 300 job losses it has been confirmed this week. Carelon Global Solutions Ireland said it has decided to cease trading, after conducting a 'review of business operations and a consultation process with employee representatives'. Based in Castletroy, the health technology company said the closure process is expected to be completed by the end of 2025. Ireland's Minister for Social Protection, Dara Calleary The Irish Government has today offered full support for those people now left without jobs. 'Following the announcement from Carelon, my immediate thoughts are with the workers and their families who are dealing with this difficult news,' Ireland's Minister for Social Protection, Dara Calleary said today. 'Our priority now is to ensure that those affected employees will receive access to all necessary supports without delay,' he added. Minister Calleary's department has already contacted Carelon to 'offer information on all of our income and employment supports that are available to assist these employees over the coming months' he explained. 'A team from the Department will shortly meet with the workforce to ensure prompt access to income supports and to support them into alternative employment, or to access appropriate education, training and development options,' he added. In terms of practical financial assistance, the Minister advised all those left out of work due to the company's closure to apply for the state's jobseekers payment. 'The new jobseeker's pay-related benefit, which we introduced in March, is available to those who lose their job and meet the eligibility conditions,' he explained. 'This scheme provides a maximum weekly payment of €450 which will help people during this period of uncertainty while they seek new employment. He added: 'Anyone affected should note that the easiest and quickest way to apply for a jobseeker's payment is online at which provides safe, convenient online access to social welfare services.'


Irish Times
28-05-2025
- Business
- Irish Times
US health insurer closes Irish operation with loss of 300 jobs
Health tech company Carelon is to close its Irish operation just over two years after it launched its new branding with great fanfare at Thomond Park. Three hundred staff will lose their jobs by the end of the year, the company said in a brief statement. 'After carefully considering alternatives and conducting a consultation process with employee representatives, we have made the difficult decision that we will cease our operations of Carelon Global Solutions Ireland Limited,' the company said. 'The process to close operations will occur over the course of the next several months, and we expect it to be completed by the end of 2025. READ MORE 'We greatly appreciate the work and dedication from associates in Ireland over the past few years and are committed to supporting them during this time.' Just over a year ago, the company was recruiting 100 new staff. Initially set up in Limerick as Legato in late 2021 before rebranding to Carelon, the Irish operation was involved in analysing data to aid medics and health insurers provide patients with more focused care. Part of Elevance Health, one the largest health insurers in the United States, formerly known as Anthem, Carelon Global Solutions also has operations in the Philippines, India and Puerto Rico. The Irish jobs have been known to be at risk for a couple of months. Staff were informed of the decision at a meeting on Wednesday but will not find out their individual redundancy dates until later in the week. 'Carelon succeeded here. They found the talent, the innovation, and the support they were looking for in abundance,' said Limerick Chamber CEO Michelle Gallagher. 'We regret the decision to cease operations in Limerick. Our understanding is that the decision was taken for commercial reasons in the group US head office, and has no reflection on the fantastic team in Limerick.' Local Labour TD Conor Sheehan noted that significant investment, both in terms of IDA Ireland and in attracting a skilled workforce had been put into Carelon. 'This company is clearly profitable so we need answers. Why has this decision been allowed to happen with such little warning? What engagement has the Minister had with the parent company?' Sinn Féin spokeswoman on enterprise, Rose Conway Walsh said the loss of so many jobs would have a profound impact, not only on the workers involved but on Limerick and the wider area 'It is most unfortunate that these jobs could not be save,' she said. 'The continued volatility in the tech sector must have a governmental response. There are a significant number of workers in this sector who will be fearful about their futures.'


The Irish Sun
28-05-2025
- Business
- The Irish Sun
300 Irish jobs axed by health firm after ‘difficult decision to cease operations' as workers face ‘devastating future'
HUNDREDS of Irish jobs are set to be scrapped after a major health firm announced redundancies here. Some 300 jobs are to be lost with the closure of Carelon Global Solutions Ireland in Castletroy in Advertisement 2 Labour's Conor Sheehan described the announcement as 'deeply worrying' Credit: Niall Carson/PA Wire The A spokesperson confirmed: 'The process to close operations will occur over the course of the next several months, and we expect it to be completed by the end of 2025. 'We greatly appreciate the work and dedication from associates in Ireland over the past few years and are committed to supporting them during this time." Carelon, formerly known as Legato Health Advertisement Read more in Money The firm previously said it was considering its future in Ireland after a review of its business operations, and an examination of the changing healthcare landscape globally. He said: 'This is not just a business decision—it has real human consequences. These are dedicated staff who have contributed to the company's success, and they deserve more than silence or ambiguity in return. 'Carelon must recognise the human impact of this closure and act swiftly. The workers must be given clarity on what comes next. Advertisement Most read in The Irish Sun Exclusive 'Will there be redeployment? What are the redundancy terms? How are their rights and entitlements going to be protected? The worst thing we can do is leave people in limbo. 'We also need to ask: where is the Minister for Enterprise? These 'MUST ENGAGE WITH WORKERS' The TD added: 'I want to make clear that my office is open to any of the impacted workers in Limerick who need advice, support or advocacy at this difficult time. 'I will continue to stand up for them and raise this issue at the highest level. Advertisement "Carelon must act responsibly. They must engage with workers now.' 2 Hundreds of Irish jobs are set to be scrapped at Carelon Global Solutions Ireland Credit: Getty Images - Getty

The Journal
28-05-2025
- Business
- The Journal
Over 300 people losing their jobs as US firm Carelon to pull out of Ireland by end of the year
OVER 300 PEOPLE in Limerick are set to lose their jobs as the IDA-backed health tech company Carelon is to pull out of Ireland by the end of the year. Staff were told at the end of March that the company, which is owned by one of the biggest health insurance providers in the US, Elevance Health, was considering ceasing all operations in Ireland. In a meeting today, company leadership told staff that they are all set to lose their jobs. Some people will have their employment terminated by 1 August, some by 3 October, and finally all contracts will be terminated by 31 December. A representative for Carelon today said that following a consultation process with employees and after 'carefully considering other options' the 'difficult' decision has been made to cease operations in Ireland. 'The process to close operations will occur over the course of the next several months, and we expect it to be completed by the end of 2025. We greatly appreciate the work and dedication from associates in Ireland over the past few years and are committed to supporting them during this time,' they added. Advertisement A staff member who attended the meeting today told The Journal that employees won't receive letters confirming their redundancies, or when their employment is being terminated, until Friday. Previously staff told The Journal that 'hysteria' had broken out amongst the workforce, while they were in the dark about whether they would be made redundant or not, as some were expecting children, some had bought houses, and many came to Ireland from overseas to work for the technology solutions firm, and were now worried about their visas. It's understood that the parent company considered several options including reduced layoffs and rebadging before arriving at this decision. The IDA has provided considerable funding to Carelon since 2021. The agency said at that time that the company choosing Ireland as a site for expansion was a sign that Ireland has become a destination for 'top talent and investment in the healthcare sector'. In the financial year ending 2023, it provided the company with over €832,000 in Government grant money, having given the company over €375,000 the year before. Employees have been told by higher management within Carelon that the company is making this decision in order to reduce the number of sites it operates. Minister for Enterprise Peter Burke said at the start of May that the Government and the IDA were acting as 'first responders' and were working with Carelon to try and explore options. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal


Irish Examiner
28-05-2025
- Business
- Irish Examiner
Limerick-based Carelon Global Solutions to close with loss of 300 jobs
Some 300 jobs will be lost in Limerick with the closure of health technology firm Carelon Global Solutions in Castletroy. The company, which launched in Ireland in 2021 with support from the IDA, confirmed on Wednesday that it would permanently shut, with the closure of operations set to take place over the next several months. Carelon's Irish branch had been in consultation with employee representatives for over a month, with staff being informed on Wednesday that it had ultimately decided to shut the plant. In April last year, the company announced 100 new jobs across the Limerick site, bringing its total workforce to more than 300 people. In a statement issued on Wednesday, Carelon said: "After carefully considering alternatives and conducting a consultation process with employee representatives, we have made the difficult decision that we will cease our operations of Carelon Global Solutions Ireland Limited." "The process to close operations will occur over the course of the next several months, and we expect it to be completed by the end of 2025. "We greatly appreciate the work and dedication from associates in Ireland over the past few years and are committed to supporting them during this time.' Formerly known as Legato Health Technologies, Carelon provides digital integrated solutions for the healthcare industry, and is involved in information technology solutions, data analytics and business process systems. The company also has a presence in India, the Philippines and Puerto Rico. It is part of the larger Elevance Health group, which owns several health organisations involved in the commercial and medicare areas, including the Anthem Blue cross and Blue Shield company, and the Wellpoint company.