California Healthcare Company 24 Hour Home Care Announces Layoffs of 738 Workers Due to Insurance Policy Changes
24 Hour Home Care, a Los Angeles-based healthcare provider, has announced the permanent layoff of 738 workers. These job cuts, which will take effect on September 15, are a direct consequence of insurance provider Health Net's decision to eliminate Personal Care and Homemaker Services (PCHS) starting January 1, 2027. 24 Hour Home Care, which employs approximately 30,000 caregivers across California, expressed disappointment with Health Net's decision, acknowledging the uncertainty it creates for affected members, caregivers, and their families. This development is part of a broader trend of job reductions within the healthcare sector in California, with other companies also announcing significant cuts.