Not your performance or dedication. Worse, actually. Being both skilled and experienced pushes you towards the top of the list, because quality is costly. Don't bother trying to prove yourself in the coming weeks, or doing extra work in an attempt to save your job. Definitely don't take being laid off personally. In this stage of corporate greed and extreme short-term thinking, it's more likely a badge of honor than a statement on your worth as an employee.
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@da well yeah, but not showing up to meetings is very different from what OP is talking about. Hitting deadlines and going to the bobblehead teams calls is table stakes, but you don’t and should not work till 9pm, work on weekends, work on holidays, thinking it saves you from the gallows
I disagree. I watched someone stop showing up to meetings on time and taking longer than they wanted for projects and they got laid off despite having a good reputation. New upper leadership wasn’t messing around w that. Anyone is at risk, but especially if you are having lower performance or not blending in.
I am only here to watch the total collapse of this so-called civil society. Every human is on the spectrum. You are all nuts
SH promised shareholders a certain growth target. He is running a politically-sensitive company that is actively hated by Donald Trump, Liz Warren, and everyone in between. This means there is pressure on the federal agencies to cut UHG/Optum as well as the states. We are losing E&I clients. Those we keep no longer make much money with our MLR.
The only way to "show growth" is to layoff almost everyone you can.
The legal responsibility of a publicly traded company is to create value for shareholders. The profits themselves are not as important as the share-value of the company.
Changing headcount is a way to influence the market value of the company. Right now slimming down, getting 'lean and mean' or 'lean and AI' is the message they hope will improve the market value of the company. Basically it more about form over function.