El Segundo-based 24 Hour Home Care is laying off 738 caregivers across the state beginning this week, the company said in a recent state filing.
Most of the cuts appeared to be centered in the Fresno and Imperial Valley areas.
Founded in 2008, 24 Hour Home Care provides non-medical in-home and community care services for seniors and people with physical or developmental disabilities. According to industry trade publication Home Health Care News, the company employs more than 30,000 caregivers across California.
The cuts stem from the “unexpected end” of a third-party service arrangement, according to an Aug. 31 Worker Adjustment and Retraining Notification (WARN) filed with the state Employment Development Department. The notice was signed by Chelsea Pyrzenski, the company’s chief people officer.
There was no further explanation for the termination of the arrangement, and the other party was not identified.
Industry turmoil
This recent notification comes amid a backdrop of cuts among healthcare providers as they grapple with looming steep funding cuts for Medicaid services nationwide under President Donald Trump’s One Big Beautiful Bill act passed and signed last year.
Pyrzenski aid in the filing that the affected caregivers have been serving enrollees in three health plans. That includes Health Net, a subsidiary of St. Louis-based Centene Corp.; CalViva, a health plan serving the Fresno area; and the Community Health Plan of Imperial Valley.
The layoffs are set to occur during a two-week span starting tomorrow (Sept. 15), the notice stated. Those laid off will receive paychecks as if they worked through Oct. 23.
Home Health Care News reported that 24 Hour Home Care was acquired by San Diego-based TEAM Services Group, a portfolio company of San Francisco-based Alpine Investors in 2021.
This past April, New York-based private equity firm General Atlantic acquired TEAM Services Group from Alpine Investors, giving 24 Hour Home Care a new corporate parent.
