With 3+ years of layoffs, Voluntary Retirement packages, offshoring of headcount, and sale of Medicare business and headcount, how possible can Cigna cut deeper in 2026 while continuing to invest in healthcare transformation, care delivery quality, and technology? Math does not add up.
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@ae they just laid off people yesterday, by the end of February, 2000 jobs are in the block and more later on
They offered voluntary retirement yesterday January 7, 2026 to 5,000 employees
I know nobody "works" leading up to new years but after the townhall I'm surpirsed there are people even logging in.
My director has been on edge the past couple of weeks and I know our business is in the red going into 2026. I know that most of our contractors are being let go but the short replies imply the blast radius may been even larger. Good luck to everyone in 2026, we're all going to need it.
Funny how someone mentioned their manager has been funny lately. So has mine! My manager has always been nice and supportive and lately, no support, and kinda blows the team off. Something is definitely off…..I’ve heard a big cut is coming early feb. many jobs people interviewed for are on pause.
@m3 OP here, following up with this, my team also had cuts
heard from other teams in my org talking about reduction. last day is 12/31 so it seems they are starting 2026 with the reduction already.
@jp Go figure, dude seems like a Blackrock shill.
Who was the CFO the past 5 years who let our expenses get out of control???
Oh right, it was Brian Evanko. The ba--s on that guy to get on stage and tell everyone we have to suffer because of his mismanagement of expenses the last 5+ years. A great example of “failing up.”
@ak Of course federal policies have impacts downstream, including here at Cigna. Obamacare, or the Affordable Care Act, did the same. It costs American taxpayers LOADS of money because it's so NOT affordable that it must be federally subsidized. Time has proven it was a terrible idea & not sustainsble. The subsidies need to go, regardless of downstream impact.
@am Hope it's not tomorrow~
Jan 7 is a Wednesday, they notify on Thursdays.
@ae Jan 7 was a date they mentioned , not sure of context, wondered if that may be first round.
Don’t blame DEI, blame EDI.
You’re welcome ;)
@ae It's always been done on Thursday of non-pay weeks.
@ad The Cigna layoffs are political whether people want to admit it or not. Healthcare insurers are directly tied to federal policy. The “Big Beautiful Bill” changes Medicaid funding, ACA subsidies, and coverage eligibility starting in the new year. Fewer insured members = less premium revenue + more financial uncertainty. When policy decisions shrink the insured population and destabilize reimbursement models, insurers respond by cutting costs which obviously includes layoffs. This IS the downstream impact of federal healthcare policy changes.
Welcome to Transformation 2.0. Buckle up.
During the Transformation of the early 2000s, which David mentioned, there were over 5K or ~16% laid off, and the total number of employees was ~32K.
We now have ~73,000 employees, and an estimate of ~4K who were laid off over the past 18 months. I believe we can expect an additional 10K in 2026.
@af What happens after 1/1 is the concern
@ad some people have to intentionally throw politics into everything. Pour that sh-t like chocolate syrup on ice cream.
@a7 nah, it’s definitely next week Thursday /s
In all seriousness. I think we are good at least until after 1:1
@ab Wonder when the layoff dates are now
As an employee after hearing that do you stick it out or start looking for other opportunities??? Prioritizing AI and offshore is such a disservice to onshore employees and customers/patients
Professor Cordani did a great job of not answering the guy's question about reductions etc. He gave everything except an actual answer. It was a lesson on how to be a White House Press Secretary.
Shrinking our way to growth!
When has that approach ever failed???
I don’t doubt there are some inefficiencies in the organization, but the message was delivered poorly. Because it was delivered as all-encompassing, a lot of folks who may have stayed put otherwise will start looking for jobs now. In the end, I fear Cigna may inadvertently lose a lot of high-performers leaving for other jobs based on how the message was delivered.
Anything happening this week? Manager is being weird and ignoring/avoiding me.
I think that means lower headcount in the US. Something tells me the offshoring will only be increasing.
Without more detail from Brian, it sounds like we’ll be pursuing ruthless prioritization of efforts and somehow cutting our way to growth.
That one line from Brian about the upcoming layoffs was the most honest and real thing about the entire town hall.
AI AI AI and offshore. Think about it .. if clients do layoffs because of AI replacing jobs we will have to do the same.