Why did we allow it to come to this? Why are so many of us so willing to take on work from our laid off teammates to the point where we're constantly overworked but still expected to pick up more - and then we do! How is this our new normal? Nothing will change until we all say enough and just start refusing extra work. Let them deal with the consequences of their actions for once.
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@ay LOL. They’re already doing that by hiring almost entirely in HIH and laying off almost entirely in the US.
Similar behavior is rampant among many US employers and confirms the need for unions for knowledge workers. I didn’t believe it when I was first laid off in the 2010s, but I do believe it now.
AI= Always India
@ac. Corporate greed doesn't just play a role. Corporate greed got us here in the first place. Not just executive compensation, but also an insatiable (or "relentless" as Professor Cordani likes to say) drive to get every penny, half penny, tenth of a penny they can from customers & patients, all while repeating ad nauseum how they "strive every day" to make healthcare "more affordable." If anyone still believes that's actually our goal, they are culpably deceived.
Why are layoffs such a normal thing these days? Because Cigna is a greedy company. Look at who is being laid off - US Employees. The India-based employees are snug and secure because Cigna considers them cheap labor. Take a second look around the US at the employees being let go and who the management is. What culture is being retained?
@ae This may be the fastest way to fill all of the positions in HIH.
Oh for sure. Brilliant and well thought out analysis.
So many "different jobs" ripe for the picking at a wide variety of organizations that treat their employees well, only lay off as a last resort, avoid offshoring and AI. Just tons...
@ae and give away your salary to union reps to get fat on? Nope. Just go get a different job if you are unhappy with your work.
@ab I’m thrilled to take the early retirement plan and so happy they offered it. Way better than me choosing to retire because you get no severance like payout. And it saves 1 more layoff for someone still wanting to work.
When you get to the time - you’ll be hoping for the package
Until tech workers realize we must unionize, the layoffs and overwork will continue.
"Corporate greed. Simple as. AI and offshoring provide a significant reduction in cost with marginal losses elsewhere."
Prepared for downvotes.
This is a competitive market. Every single health care insurer is taking the exact same steps with labor cost reduction, role reduction, and moving operations to areas with lower costs. If a single company doesn't make that pivot when their competitors do, they'll lose market (less insured, less clients, etc) and they will now have a revenue issue which further impacts Cigna jobs. I know that corporate greed plays a role, but there's a land grab happening for foreign workers (no longer H1B) and AI tools - no company wants to be left without a chair when the music stops.
@OP yeah... try that and you will be replaced with a fresh out of college kid who will take way less pay just to be employed. Cigna offered early retirement packages to anyone 55+ because it's cheaper to hire new than pay the tenured.
@OP Couldn't agree more. How many years in a row do David & his top peeps need to make MILLIONS or even TENS OF MILLIONS? Every year, year in and year out. Way past time to own his/their mistakes and refuse to take a salary or bonus until the company is stabilized. Enough already.
Corporate greed. Simple as. AI and offshoring provide a significant reduction in cost with marginal losses elsewhere. In the health insurance industry, already a manufactured necessity only in America for the sole purpose of greed, would obviously be doing anything they can to maybe instead of making 3 billion a year to making 4 billion instead