Express Scripts to lay off 290 Ohio employees

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COLUMBUS, Ohio (AP) - Express Scripts plans to cut 290 jobs at its Columbus facility as part of a national staff reduction.

The positions represent about 8 percent of the prescription-plan manager’s Ohio workforce.

All told, the St. Louis-based company plans to eliminate 1,890 of about 29,000 employees nationally through a combination of staff reductions and buyouts.

The announcement, which came last week, followed release of first-quarter earnings that fell 12 percent, to $328 million from $373 million a year earlier.

Spokesman Brian Henry said business operations have been re-evaluated after a merger two years ago and loss of a major client.

Express Scripts runs prescription-drug plans for employers, insurers and others. It processes mail-order prescriptions and handles billing for prescriptions filled at retail pharmacies. It filled 320 million prescriptions in the first quarter.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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