Molina to cut two-thirds of leased real estate footprint

Molina Healthcare will shed two-thirds of its leased real estate footprint as its workforce shifts to permanent remote work, the for-profit health insurance company announced Thursday.

The company spent $216 million on real estate, equipment and software during the second-quarter. That compares with $234 million that Molina spent in finance lease liabilities for all of last year, according to the annual report filed with the Securities and…