Fears for jobs in Limerick as health tech firm considers quitting Ireland

THERE are fears for hundreds of jobs in Limerick as a health tech firm considers pulling out of Ireland after only four years.

Elevance Health, the parent company of Carelon Global Solutions, which reportedly employs more than 300 people in the city, confirmed the news in a statement to Limerick Live this Thursday evening.

A company spokesperson said: "As part of our ongoing review of business operations and given the changing healthcare landscape, Elevance Health is considering ceasing operations of Carelon Global Solutions Ireland Limited."

"We understand this news has been difficult for associates, whose achievements and continued dedication and service are fully appreciated, and we are committed to supporting them as we work through this process," the spokesperson added.

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The American company exists to address healthcare challenges. 

Carelon's research and development hub in Ireland is located in the National Technology Park at Plassey.

Through the development of artificial intelligence and data analytics solutions, staff here are developing software to enable people to live healthier and longer lives. They also help to identify efficiencies in healthcare provision.

Only last year, it announced 100 new jobs in Limerick, in news the company said at the time would bring its headcount to 310 staff locally.

It followed the firm winning the company of the year at the Limerick Chamber business award, alongside the title of best employer.

It was launched in Limerick in November 2021.

It's understood while a large number of the jobs are Limerick-based, the majority are remote workers.