Why is Elevance Health stock tanking again? Did I miss some news? Does this mean even more rifs in fourth quarter 2025? Why can't they get this ship up right again?

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Halting International Relocation of Employment Act or "HIRE Act" has potential to add a 25% surcharge on outsourced labor. Companies also can no longer deduct those payments for a tax advantage. The Act has to pass but could signal massive changes... — read more 

https://finance.yahoo.com/news/insiders-elevance-health-sold-us-120011661.html Article makes note of the fact that the senior leadership team is NOT buying Elevance stock, in fact they sold 6.7 million in stock. The story indicates that there was a... — read more 

Can anyone confirm or deny this date?

Did they bring in a new VP under RL and demote JB and GW?

Contemplating applying to this company 😩. Can someone explain why are there offering positions if they are thinking about rif? Are the rifs in certain departments?

It’s not a question “IF” Anthem/Elevance is planning more RIFs, it’s more like “WHEN”. Always just assume they are, and plan accordingly. No one is safe from the RIF, so get your resume and LinkedIn up to date, start looking for ways to network... — read more 

Any news on the irate member that promoted the virtual option until Sept 12?

Wanna bet the company is up to no good. The stock is way down and they are desperate. What to d-mb companies do when they are desperate? They cheat and steal.

@OP+1k3kkzfyg

The working theory is that our “leaker” was caught and no longer with us. I hope that someone will step up and take their place. Real news on RIFs This site used to have good information related to coming layoffs. Now all it seems to have is people... — read more 

This site used to have good information related to coming layoffs. Now all it seems to have is people complaining about upper management and/RTO. Sadly, the site is becoming more irrelevant as time passes. So I will try one more time. Does anyone... — read more 

Has anyone heard how ELV plans to handle the new CMS regulation on TAT from 14 days to 5 days for acute UM?

Elevance's stock price continues to plummet and yet we still have the d-mb a--holes running this company from the board and senior VP levels. At what point can we get rid of these people? It feels like a tech company extracting anything of value out... — read more 

I've been with this company for a few years now, and I've always been on top of duties, getting things done no matter how urgent the situation, and the managers never compensate us, not even with a thank you or an impact reward. There is no GROWTH at... — read more 

Here’s a tip. If you don’t want to be RIFd, friend your manager on Facebook. Those people are never let go. FACT!

Rumor is the board has engaged an efficient expert- what would you tell them to do/look at first? I’ll start- you could easily cut 50% of the grade 15’s and above and 80% of executives with no real impact and use that money to fund real workers.

After a few years here, it’s clear there’s little chance for career growth. The strategy from corporate is weak and poorly executed, and management focuses on layoffs instead of smarter resource planning. Without changes, things will just keep... — read more 

Based on who is getting riffed and who is not, exactly how many of the leadership at this company is 'on the take' from their subordinates??? I see so many employees basically getting away with m_urder, that I have a hard time believing just... — read more 

Anthem expanded rapidly and with each acquisition decided who to keep or dump, but instead of keeping those with true subject matter knowledge or leadership skills they selected based on favoritism, self-promotion and the ability to take credit for... — read more 

Management keeps praising people who push endless tasks onto others instead of fixing the problem. The same few employees get buried in extra work while leaders act like that is normal. Someone needs to take a hard look at how this place is being... — read more 

Wondering what people are doing to try and keep some mental sanity in tact amid the chaotic culture and toxicity, particularly when the market outside doesn’t look like a good alternative right now. I’ve been trying to get into some ‘zen’ type... — read more 

Is about "Integrity" Don't we read, a lot, on here about Ratnakar having zero integrity?

From Post ID: @n0+1k2w3wd3p under This is not Gail. The response deserved its own post and the most accurate reflection of the state of this company. 1) As the CEO of the corporation, Gail is responsible/ “to blame” for everything, she is the top... — read more 

Wow what a bunch of useless fluff. They do not sound positive about the future at all. Pete is giving me bad vibes. He’s basically blaming everyone else for Carelon problems.

These surveys are beyond RIDICULOUS…there is no REAL changes from them just more busy work!!! We as managers and Directors are not typically the issue but we have to fix it and create a goal..wtf?! The insanity in senior leadership is running wild... — read more 

https://news.yahoo.com/finance/news/quiet-cracking-dangerous-trend-affecting-133300885.html quiet cracking refers to those who “gradually become mired in feeling both unappreciated by managers and closed off from career advancement while doing work... — read more 

The RIFs are short sighted and will likely reduce our ability to deliver effectively for our customers. But Gail has been an effective leader compared to what we had. Before Gail our benefits were only being cut. PTO was cut. Holidays were cut. It is... — read more 

We all think that the company owes us something more than just a paycheck in return for our work. Maybe not. I read this piece and it hit me; that’s not how leadership reads the unwritten part of the employee contract:... — read more 

Even if they replaced all the executives, the damage is already done. The culture and processes are broken beyond repair. There’s just no turning this around.

https://youtu.be/zmY6-2idC1o

Take back the job market https://youtu.be/zmY6-2idC1o

If you don’t have health insurance through anthem and get it thru a spouse at another employer, you are safe.

https://www.yahoo.com/lifestyle/articles/being-quiet-fired-spot-signs-170527513.html

Once people figure out what really drives promotions, it’s amazing how much effort shifts toward politics and positioning rather than actual results.

How will the company ever comeback from all of the damage it has caused for patients, shareholders, and employees.

I have noticed a lot of internal positions available opposed to external positions. Anyone have any insight on this? Is there a hiring freeze for external candidates? Also this pertains to US candidates

Will Elevance ever go above the given salary range in a pre screen interview call?