Thread regarding Cigna layoffs

Can someone explain why Cigna is so determined to drive talent away?

We have people here that any competitor would love to have, and we do nothing to keep them. Junior staff get demotivated and check out. Experienced veterans with institutional knowledge get shown the door. What's the endgame here? Feels like nobody's looking past the next Q earnings call.


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| 14 views | | 11 replies (last March 19) | Reply
Post ID: @OP+1kksv36hc

11 replies (most recent on top)

@t7 And they're doing a bang-up job with that, aren't they? Stock price is down > $12 / share YTD

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Post ID: @tc+1kksv36hc

They're more worried about stock price than retaining talent. Is that not obvious at this point?

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Post ID: @t7+1kksv36hc

It's about the total lack of qualified leadership. Its drives good people away. Look at katya. How did someone as immensely unqualified for her job get this role? She went from writing puff pieces as a literary hack to.running digital and analytics for a health care company. She must have crawled up a ton of alimentary canals quoting the medical doc on our team.

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Post ID: @gv+1kksv36hc

@cr - Bingo! Leadership only care about their profits - ELT specifically. Now that David is retiring they need to fund his party and pockets.

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Post ID: @f4+1kksv36hc

Talent? They dont give a sh-t about talent. DP will give all his indian brethren jobs, offshore and H1b everything and you will train them. Most of these replacements will think Java script is a coffee order.

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Post ID: @d2+1kksv36hc

@a5

People wouldn’t be as upset with cuts if they couldn’t see the cut roles immediately being transferred to Hyderbad.

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Post ID: @d0+1kksv36hc

Because HIH is cheaper and the leaders only care about profits. They don’t about customers or employees.

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Post ID: @cr+1kksv36hc

We lost our best IT network leader. Resigned. He had enough. His boss micromanaged him and cut costs randomly. He could not do his job. Good people are choosing to leave. Toxic leaders are driving talent away.

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Post ID: @cc+1kksv36hc

@a5 Okay Brian or Katya.

Yet you both stay despite one failing forward and the other being severely unqualified.

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Post ID: @ah+1kksv36hc

Jealousy and feeling threatened. Drive away the competition so they stay safe.

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Post ID: @ag+1kksv36hc

That isn’t the goal at all. Try to be more balanced. Cutting cost is hard. Difficult decisions are made.

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Post ID: @a5+1kksv36hc

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