Thread regarding Elevance Health (Anthem) layoffs

Advice Needed

I am in the final round of interviews with Anthem and feel good about getting the job. However I’m in final round interviews with a smaller company that I think will have lower pay. For those of you who work there, is Anthem a good choice?


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| 2151 views | | 13 replies (last October 31) | Reply
Post ID: @OP+1k8g1dfer

13 replies (most recent on top)

Run

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Post ID: @10s+1k8g1dfer

20+ years here and this is NOT the company it once was. Slow decline since Glasscock, with a borderline free fall under current C-suite and see eee oooo. Me, too close to retirement to move so just counting my days. Medicaid is a shambles with Medicare close on its heels.

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Post ID: @wd+1k8g1dfer

@gt Agree with this. I've also been with this company for 20+ years now in various roles and organizations. And like every other job out there, if your management / department su-ks then your job probably will too.

That said, big corps have a lot of pros and cons both:

Pros... better pay, better perks, and most importantly (for me at least), the opportunity to take your career in a gazillion different directions. Not always the case, but typically speaking.

Cons... ALL of the big corp BS you'd expect, plus having to pretend like we care about the health of humanity when really it's all about money.

People on this site act like they have no clue that we're a for-profit company in one of the most capitalist countries in the world lol. If you can get past that part, then this can be a great company to work for. All depends on what you're looking for and what your expectations are.

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Post ID: @kz+1k8g1dfer

I’ve been here two decades and it’s gotten substantially worse over the past six years. It could be corporate America though - the themes of which aren’t specific to EH. Any company who is beholden to Wall Street will be similar - offshore shift, labor arbitrage, spend no money on associate development, staff half the people they really need and then blame performance on the people managers, manipulate success metrics and statistics, use creative storytelling, and so on. Find the lesser of two evils.

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Post ID: @gt+1k8g1dfer

I agree with @d0. “Take the job you think is going to make you the happiest and offer stability.” If you are happy, you will perform your best and plant the seeds for more success and financial security. The EH job may pay more money, but may not be as stable as the smaller company. Or it could be that the smaller company also has expected ongoing layoffs. Nothing is guaranteed, but it’s important to at least do your research, as you are doing.

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Post ID: @f2+1k8g1dfer

https://www.thelayoff.com/t/1jpb9wv6y

Hopefully this thread will link - if not search CISO departure on this page. It seems to indicate that chief IT security officer was an ethical person and departed because he disagreed with decisions that were being made. Post says they were merging IT security into the IT org. It should be separate as it is like the fox guarding the hen house. Also the post made it seem like he was being forced to offshore or subcontract functions that he thought should be kept onshore.

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Post ID: @d6+1k8g1dfer

I was laid off earlier this year, but I had been looking for a job for a year prior because I was so miserable. It will 100% depend upon the department and your leadership structure, but there are a lot of problems a large insurance company. I was willing to take pay cut off at least 30% for peace of mind, but I got laid off before I could leave on my own.
You’re not likely to get unbiased advice from this group, most people are here because they are unhappy and looking for information regarding the ongoing and rolling layoffs. Personally, I recommend going for the job that you think is going to make you the happiest and offer stability.

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Post ID: @d0+1k8g1dfer

It depends on the department. Now because they've had a hiring freeze on, the fact that they have this job open means a lot... a lot of red tape had to be gone through. If its a higher level job, with a good pay I would take it.... The reason why because you can use it as a stepping stone to another position after a year in. There is no such thing as job security anywhere, you might as well make as much $$ as you can.

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Post ID: @ct+1k8g1dfer

What does questionable behavior re in house self monitoring mean?

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Post ID: @cn+1k8g1dfer

hated it, i quit. Medicare ops, worst VP i have ever worked for

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Post ID: @ce+1k8g1dfer

I'm close to suing Anthem, its a horrible palce

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Post ID: @br+1k8g1dfer

There was a time when this was a decent company to work for. You will find some areas that may be better managed and functional. If you are being brought in at a higher level with a specialized job, for example, if you are an AI expert and are part of the chosen, inner circle it is probably still a good option. But I would read through these posts carefully as there is a lot of factual info that should be given careful consideration. There is no real innovation, profits are being made shifting jobs off shore, via premature implementation of AI and via RIFs; that is not sustainable as a long term strategy. The senior leadership team for the most part is incompetent in my opinion. The CFO has no healthcare knowledge, the CIO has crashed and burned at several companies. Look at public records and you will see that the SLT is not buying Elevance stock, with the exception of one 2.3 mil purchase by Gail to shore up quarterly earnings, they have spent 400k total in stock purchases over the last year and are ditching their shares whenever that can. The chief security officer left, supposedly due to questionable behavior re in house self monitoring. The culture is very much a caste system where the SLT and their minions pass down impossible to meet goals and then also I believe misrepresent up the chain that goals are being met. RIFs are constant and are not communicated; it is like a horror movie where people are disappeared in the night. This results in the people who are left having unreasonable workloads and overall makes for a miserable culture. Many people who were hired fully remote and never went into an office were required to go in 3 days and wouldn’t be shocked if it goes to 5. Expect raises that don’t keep pace with inflation and cr-p bonuses. Advancement opportunities are also limited. If the job has anything to do with provider data, that is a mess. I would never do a call center job at this company. If you go in with your eyes open and limit yourself to 40 hour weeks from the outset and are able to manage your stress and understand from the outset that it is not you it is them; then perhaps it will be workable for you. I would strongly caution anyone who has underlying anxiety or an inability to compartmentalize against this company. You don’t mention percentage wise what the difference in potential salary is, I would perhaps see if you can negotiate with the other organization for a future increase.

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Post ID: @bg+1k8g1dfer

No. I left this summer because it's going down hill fast. If you take the EH job, you will also need to keep your resume updated.

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Post ID: @be+1k8g1dfer

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