Thread regarding Cigna layoffs

corporate greed at it’s finest

I’m really regretting my decision not to take the voluntary early retirement because I feel like the inevitable is going to come anyway. I put my heart and soul into this company for over 20 years, and it feels like a punch in the gut that we are so disposable. I hope someone speaks up during tomorrow’s open mic meeting to ask the question that is on everyone’s mind. How do the corporate executives feel good about taking multimillion dollar bonuses and raises every year while the real workers that helped to make Cigna the corporate giant that it is today suffer. They should be ashamed. I have to wonder what would happen if everyone remaining banded together and refused to report to work for just one week, it would cripple them. They are too arrogant and greedy to see that we are the ones that make this company work.


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| 3144 views | | 11 replies (last January 30) | Reply
Post ID: @OP+1kg6tca1n

11 replies (most recent on top)

Nope - not going to walk out for a week, morally wrong. The deal is I work they give me a check. There was no guarantee of lifetime participation on either end.
I can go whenever I want if I don’t like conditions. They can let me go as needed too
All companies make cuts, the severance is generous.

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Post ID: @cv+1kg6tca1n

@b4

If you’d been here 39 years, it was time to go.
Surely your 401K was in the millions.

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Post ID: @by+1kg6tca1n

@b3 Who is running these open mic meetings? I didn’t get anything yet.

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Post ID: @b8+1kg6tca1n

This may be a cold take, but if you've been reading these comments for 2 years you would've taken the retirement. Horrible company and severed me at 39 years even while being a top performer.

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Post ID: @b4+1kg6tca1n

The open MIC meeting is being emailed to everyone. They are doing separate groups at a time.

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Post ID: @b3+1kg6tca1n

Open mic? When is this meeting? I don’t see an invite but would like to attend. Is it on IRIS?

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Post ID: @b1+1kg6tca1n

Well said. We have to look out for what’s best for ourselves and family. We are just a number.

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Post ID: @b0+1kg6tca1n

You think folks in Hyderbad will join the strike?

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Post ID: @ar+1kg6tca1n

They hope you go on strike for a week. That is grounds for termination. They won’t even have to pay a severance then.

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Post ID: @ap+1kg6tca1n

@OP yep someone on my team was called ON VACATION back in August to be informed he was laid off. This was about a month after he declined early retirement - he just wanted another 6 months or so. That had been his plan. One of the smartest and most dedicated employees I have ever known.

Only you can decide but it looks like not taking it does just buy you a tiny bit of time. Also, the reason they cull and group the 55+ worker is so they don't have to report the ages as part of standard layoffs where they are held accountable for age discrimination. They have to provide a list of ages and titles of everyone laid off to show it was balanced. And it never is so they throw some younger employees in as sacrificial lambs. It's a cycle that repeated itself for the 10 years I was there. It buys them what the man at the top likes to call a "fresh infusion of talent."

By grouping early retirement employees, they also don't have to report as many layoffs to the various states. I think in some states they have to report it publicly if it's more than 15-30. So they must have to report this last round. But having more people take retirement would have reduced that number. That's my overall view anyway. Hang in there - the large majority of Cigna employees I know are amazing people they did not value. How the C-suite sleeps at night I don't know. Sold their souls to the devil a long time ago. I am so happy to be moving on. Just remember you are never alone bc it can be incredibly isolating.

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Post ID: @aj+1kg6tca1n

I was thinking the same thing. A strike would be great.

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Post ID: @a1+1kg6tca1n

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