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.
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He did it again
@aa Hi! When does she say this? I missed it and would like to go back and hear it.
Stock did rebound into positive on the open with hit than normal volume.
The first place to consider cuts should be at the top. In 2024, Sarah London received total compensation of $20.6 million. Reducing her compensation by just half could preserve the jobs of approximately 206 employees earning $50,000 annually.
@ad We been saying this for years on this layoff board. No one seems to listen. We don’t need a bunch of inexperienced delegators in meetings, we need all hands on deck.
@a5 So true!!! They need to trim the fat and keep the worker bees that keep this company functioning.
It’s counterintuitive but buy in if you can. Yes it’s taking hits but any one piece of good news - ever a will see it pop very quickly.
Listening to our earnings call. Earnings per share downgraded from $7.25 to $1.75. Also downgraded loss projections from $1.8 billion to $2.4 billion. Just said they will be “right sizing the organization” heading into 2026 which has to mean layoffs ahead in addition to other cost cutting measures. CEO must be on the hot seat this morning
I know that’s what happened in IT.
B.L. came from Humana and every VP that was fired or layoff from there he hired at Centene.
We have some managers(like mine) and above get bonuses off of the hard work that we do. They just sit around and attend useless meetings while they have their little supervisors micromanage our as--s while we do the hard work.
Centene hired execs who were let go by other companies. What else do you expect when our execs are C or D class players? Our CIO, COO and many IT leaders are all Humana rejects. Time to clean house.
@a5 Sarah London's a-s should be canned!
Honestly, if things are tough financially, the first people who should be taking a hit are the higher-ups—Directors and execs. They should be the ones stepping back from raises, promotions, and bonuses. But instead, it’s the same story every time: they go straight to layoffs. Regular employees lose their jobs while leadership gets rewarded. It’s frustrating and feels incredibly unfair.
Brutal. Down 15k since investing over the last 2 years as a current employee.
London's bridge is falling down, falling down, falling down....
This CEO is a pathetic joke and claims she is one of us. Hypocrite.
They said they are going to provide guidance for 2025 on the call. I think guidance is going to be there is no guidance lol