Presbyterian Lays Off 135 in New Mexico

Presbyterian Healthcare Services is laying off about 135 employees, mainly in its health plan and administrative divisions, following roughly 150 job reductions in June. The cuts reflect declining membership and Presbyterian’s decision to exit most Medicare Advantage plans, which incurred $59 million in losses in 2025. Hospital and clinic patient-care roles are not affected; some employees will stay temporarily to support members and transition work, and Presbyterian plans to provide severance and career support. The system says the changes will align staffing with the services it continues to provide, strengthen its finances, and help it remain an independent, nonprofit provider in New Mexico.