Aponte is "Extremely Disappointed" in Blue Cross' Decision to Relocate Employees

GoLocalProv News Team

Aponte is "Extremely Disappointed" in Blue Cross' Decision to Relocate Employees

Luis Aponte
Providence City Council President Luis Aponte said in a statement that he is “extremely disappointed” in the news that Blue Cross Blue Shield of RI is intending to relocate employees. 

A GoLocal investigation found that the company is moving more than 125 workers out of the $125 million Blue Cross Tower to a building in East Providence .

Aponte released the following statement on Wednesday afternoon. 

GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST

Read his full statement below

"I am extremely disappointed in this news and will seek an immediate meeting with the president of Blue Cross Blue Shield to discuss the company's recent decision to deplete employees from its downtown Providence campus.  The City provided to Blue Cross an attractive Tax Stabilization Agreement (TSA) based on the understanding that the company would be a highly active participant in the City, make improvements to the building, and maintain a significant  employee base that would contribute to the vibrancy of the City by eating in its restaurants and shopping in its stores.  The City did not enter into this sort of a generous TSA only to have Blue Cross slowly but surely become a glorified landlord.  It would appear as though they have broached the spirit of the Agreement, if not the actual legality of it, and this is deserving of the Council's immediate attention."


The Power List - Health and Education, 2016

Enjoy this post? Share it with others.