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Article is dated June 1, 2024. Where do you see it's about layoffs from last year???? You must have also missed it when Drew said at the TH last September that there would be more layoffs coming in 2024.
"Did Centene Experience Layoffs In 2024?
Yes, Centene has experienced layoffs in 2024. In a recent announcement, Centene revealed plans to lay off 2,000 employees, a decision that has sent shockwaves through the company and the healthcare industry as a whole. This move comes amidst allegations of overcharging California’s Medi-Cal program and the loss of approximately 900,000 Medicaid clients, as reported by Centene’s CEO, Sarah London.
The layoffs have raised questions about the company’s financial stability and the effectiveness of its leadership. Many are left wondering how a company with a reported net income of $1.06 billion in Q2 could resort to such drastic measures. The decision to cut jobs has led to speculation about potential mismanagement at the executive level and its impact on the company’s workforce."