Express Scripts, the nation’s largest pharmacy benefits manager, is cutting 1,890 jobs nationwide due to a rough first quarter and the expected loss of one of its largest clients, United Health Group. In addition to cutting jobs across the country, St. Louis-based Express Scripts also plans to close two Texas facilities within the next 12 months.
Express Scripts spokesman Brian Henry said the company needs to “re-balance its resources” after filling 320 million prescriptions for the first quarter of 2014, a drop from 390 million in the same period of 2013.
The company plans to cut 580 jobs in Texas, 390 in Florida, 370 in Nevada and 290 in Ohio. No job cuts are planned for St. Louis. Companywide, Express Scripts employs nearly 29,000 people.