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PacificSource is cutting another 134 permanent jobs in Oregon, bringing the number of layoffs announced at the Springfield-based health insurer to over 600 since summer 2025.
The latest layoffs come as the company scales back parts of its business and the regional health insurance market faces mounting pressures.
Another Round of Layoffs Affects Four Oregon Cities
The latest job cuts will affect employees in Portland, Bend, Salem and Springfield. PacificSource said the reductions emerged from its decisions to exit certain markets and reduce its business offerings.
In summer 2025, the company had about 1,800 employees, but the latest announcement brings the total number of job cuts since then to over 600- a third of its workforce.
Tidings Data Snapshot
PacificSource’s Oregon Layoff Notices| State notification date | Jobs affected |
|---|---|
| September 25, 2025 | 56 |
| October 28, 2025 | 265 |
| May 29, 2026 | 97 |
| October 20, 2026 | 134 |
Oregon notices only / separate from the companywide total.
Source: Oregon HECC WARN recordsDailyTidings.com
The layoffs emerged amidst general disruption in the regional health insurance marketplace, as rising costs place more pressure on consumers.
Tidings Data Snapshot
Oregon’s 2027 Individual Insurance Premium IncreasesAverage final approved increases by insurerBefore subsidies / individual coverage only.
Source: Oregon DFR / final 2027 ratesDailyTidings.com
Despite the retrenchment, PacificSource- largely controlled by Legacy Health- remains a significant health insurer in Oregon, providing health insurance coverage to over 400,000 Oregonians in 2025.
Company Filing Details Permanent Oregon Job Cuts and Employee Notification
In a Worker Adjustment and Retraining Notification (WARN) filing dated October 20, PacificSource confirmed that the 134 Oregon employees would be permanently laid off effective Dec. 31, 2026.
The company said this is driven by its planned exit from the Montana market and its individual insurance line of business, as well as workforce adjustments across all lines of business in Oregon.
PacificSource indicated that affected employees were being, or had already been, notified of their separation at least 60 days before the scheduled date. The filing also confirmed that no affected employees would have the right to displace other workers and that no union represents them.
The formal notice identifies four affected employment sites:
- 2965 NE Conners Avenue in Bend;
- 1500 SW First Avenue, Suite 200, in Portland;
- 4263 Commercial Street SE, Suite 400, in Salem;
- 555 International Way in Springfield.
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