Topics regarding layoffs at Centene Corp.

Topics regarding layoffs at Centene Corp.

Activist investor interest?

With the stock beaten down as much as it is, do you think there is the possibility that it will attract activist investor interest to demand change? It happened in 2021 so it seems possible it could happen again. One of the biggest differences is... — read more 

RIF happening today - Thursday - 7/31/2025

Just received noticed that Centene (CenTeam?) is reacating to the $253 million dollar loss with layoffs. Just received my RIF with 12 weeks of severance and last day is 8/22/2025. Here we go folks - here we go!

Noticed

Remote work and the lack of being in an office/interaction make it easy to get hyper-focused on work and not notice that your team members are slowly disappearing. I noticed today that several members of my team over the last couple of weeks have... — read more 

How low will it go?

The decreasing stock price is very concerning…is it time to sell? How long before it rebounds, if ever?

CEO and CFO replacement

Would be a great sign to investor, they lost credibility, billions of wealth evaporated. They got rid of the best operators with their SG&A cuts, they cut the muscle too. They need to fire them ASAP, the earnings call was full of riddle and... — read more 

London Calling Part 2

No mention of layoffs, right-sizing, RIFS, or reorganizing - but I still feel like they are coming on the DL.

The Centene Umbrella

So I know we all come from different health plans under Centene, has anyone been told anything regarding individual health plans that may be affected this week? Obviously we all know something is brewing in the background. I am just looking for some... — read more 

London Calling

What is London Calling? A town hall or an email, and does anyone have any information/insight on this?

Follow Up Email from CEO

I don't even know what to say anymore. I wasn't expecting a follow-up email and expecting even less that they would have any clear message to give us as to whether the axe will begin to fall and when - just a "wait until the meeting so we can tell... — read more 

Securities Fraud

If you weren't worries before - you might should start now. Just saying that its just not looking good at all 2 days ago: Centene faces a securities fraud lawsuit alleging misleading investors with inflated enrollment and morbidity claims, causing... — read more 

Centene stock down 10% after 2nd quarter loss

Big miss on 2nd Quarter 2025 earnings with a surprise loss and stock price down 10% in premarket trading 7/25/25. Investor call is at 8:00am Eastern time. Curious to hear what the strategy is going forward.

ESPP - Employee Stock Purchase Plan

Has there been any discussion regarding the stock purchase plan? Employees that have been participating have lost a lot of money. Are they still encouraging participation in any way? There are already multiple class action lawsuits that have been... — read more 

So we are basically sc--wed?

Centene’s next quarterly earnings call is Friday 7/25/25. Considering that there has not been a peep made internally about the potential 1.8 billion dollar hit to earnings outside of the initial press release, they’re going to have to do something... — read more 

Wouldn’t recommend

The culture is toxic, politics run deep, and everything feels disorganized thanks to nonstop reorgs. Management can be petty, and the leadership shift has tanked bonuses and left raises trailing behind inflation. There are no positives I can think of... — read more 

Centene requesting a 20% increase in GA for 2026??

If that’s true, our analysts are as bad as political pollsters. That means they were off by a mile for 2025. And that’s without knowing whether or not the subsidies will be extended (they won’t). Ambetter enrollment is going to plummet, only leaving... — read more 

The layoffs have started

I was just informed, unexpectedly, that four members of my team will be laid off next week as part of company-wide reductions. While my line of business isn’t directly tied to Ambetter Marketplace, it’s clear that the broader organizational cuts are... — read more 

Centene downgraded by Bank of America

To Underperform. Target price $30. Cited BBB passage. Eagerly awaiting turnaround plan from our fearless leader Sarah. You got this, girl boss. Right? Right?? Sarah???

Direct Pay HealthCare System

I have been working in this industry for a few years now. Do you think we will ever live in a world without insurance and have a Direct Pay HealthCare System? Fundamentally, I find myself preferring a direct model over traditional insurance based... — read more 

Class action lawsuits filed all weekend

All weekend law firms have been bringing forward class action lawsuits against Centene for allegedly committing fraud against investors due to pulled guidance reports. Things are not looking good for the company.

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