Maximus could eliminate up to 307 jobs in New York City effective on or before Sept. 30, 2011. The layoffs are about 5% of its total workforce of 6,500.
Maximus has contracts with the New York state Department of Health as a provider of Medicaid enrollment services. However, the state has not renewed its 4-year contract with the company, which is set to expire on Sept. 30, 2011.
Maximus provides business process outsourcing (BPO) services to government health and human services agencies. The Company’s business is primarily focused on administering government-sponsored programs, such as Medicaid, the Children’s Health Insurance Program (CHIP), health care reform, welfare-to-work, Medicare, child support enforcement and other government programs.
Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.
The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.
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