FYI: was told we were all safe and bonuses might be impacted, but today was let go. Know of at least 10 others, all from COO's part of the organization.
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@7y3 😂
@7x7 Did the job require basic computer skills?
@7x7 link didn’t work.
Interesting in what showed up today on the job boards.
file:///var/mobile/Library/SMS/Attachments/ba/10/6D197E20-EFD0-4D9C-96CE-A24372DD4250/IMG_0445.jpg
Many of us were just let go 7 weeks ago that were doing that exact same job
@em agree 100%. I work hard and I watch these kids of management do nothing and not show up and get paid and promoted. It is a thankless place to work.
Rif Qazi needs to be Riffed herself
Complete nepotism from a bunch of HR employees named Qazi
@em its a mess of open nepotism there with one or two hard workers carrying ten other slackers
Anyone aware of layoffs for today [Friday]?
@g2 you must not know how businesses work for you to make this comment.
@g7 and guess how much we are going to lose next year??
Another say nothing email from Maurice!!
@jz QTKM stands for Quality, Training, Knowledge Mgmt.
@g5 I feel like searching The Hub for QTKM is a trap, so they can see who comes to this site and wanted to know what the he-l those letters mean.
HCSC: “We’re not for profit, but we’re not against it either!”
@OP The timing of this is likely the result of finally presenting the real financial forecast to the board in August, instead of continuing to attempt to fluff the results with hundreds of millions of dollars worth of favorable "management adjustments"
@fr wow, can’t deny much of this!
@ef the merger was $5.6 billion
@g4 HCSC is not a 501c3. We pay taxes.
Not sure what departments were impacted but I’m apart of the newly transitioned QTKM. We were pulled into a meeting 15 mins before EOD today and told layoffs were happening but that our department (per Art Reeves) is safe but that layoffs are still ongoing. That’s all the information we were told. Felt insane to hear that we weren’t getting laid off supposedly(?) but just have a heads up meeting. I suspect it is coming.
@g3 so you are saying we are not for non profit?
@g2 Not for profit, not non-profit.
How does a company that pays is CEO $28 million qualify for non profit tax exempt status? And the board is earning tens of millions more. I think the White
House and IRS need to reconsider this obvious elephant in the room.
The board is accountable to no one.
@fn HCSC employees haven’t been told anything either, don’t feel left out.
Impacted today. Good riddance to a toxic, poorly ran, mismanaged company with no metrics, KPIs, and terrible leadership.
They put more energy into planning these layoffs than running the business and integrating Cigna.
HCSC offered no growth, feared those who pushed the company beyond its comfort zone with ambitious programs.
Subsidiary employees have been told nothing about the layoffs. It would be nice to know if this is headed our way.
Was anyone let go today? (Thursday)
@eg selling the building? That’s never going to happen. Getting out of leases from other buildings ….yes. There are leases we are paying for and only a small amount of employees work there. They will yank those first.
@eg 10/1 cut off doesn't exist anymore for hcsc. That went away last year. They would need to be doing this 1/1 or after to be eligible for a bonus
@dw they didn't even let you say good bye
I work in the Houston office and it’s a shame what they’ve done to this company and the people that ACTUALLY WORK. There are so many people within Large Group just sitting on their as--s all day, FAKING IT. And the leaders, especially those that have been around are the worst. They don’t want change. Just people to sit and slave for them. I hope it all crashes and burns, and all of them are exposed!
HCSC has become a joke the past few years. Between the (painfully) obvious terrible business decision regarding the Cigna purchase, and the lack of long term vision with regards to the effects of industry-wide increases in utilization, the decision makers are clearly out of touch with everything. Their network errors, technical errors and lack of product support is where their funds should have went, instead of being greedy and making that Cigna purchase. Had they fortified their own internal processes they'd have been in an ideal position to benefit from the recent UHC disasters (their biggest competitor probably). Instead, they're in a nose dive themselves as an organization. Their management has been more interested in overworking their best employees and hiring their friends' kids for positions they're far from qualified for, than supporting worthy employees and cultivating a productive and sustainable culture. It's a mess at the moment and I'd be surprised if they got themselves out of it anytime soon.
@b3 all areas & roles can/are impacted.
@ef or know how to run. The HCSC Medicare business was horrible already without making additional Medicare members suffer.
@d2 new sales or account mgt?
@ef I heard that the timing of the layoffs (right before the bonus payout cutoff of 10/1) in addition to selling off Dearborn is all a strategic way to make it look like the company isn’t losing money this year due to the Cigna purchase. Also they are likely going to sell the Chicago building but remain as tenants under the new owner, also as a money-saving strategy.
Crazy what happens when you spend over $3 billion on a segment of business you didn’t even need in the first place!
@eb true but couldn’t it help going forward? The company needs to get its sh-t together before they try to grow anyways, starting with communication and employee satisfaction
@cq Unions would mean many of the people would have never been employed and the company would grow slower, creating fewer jobs. They can help but it isn't without major trade offs.