I work middle management within the UHG umbrella, and it’s very unclear what the next several days, weeks, months will bring. We are finding out only through the grapevine the extent of who has been let go, but a surprising number of mid to fairly senior folks and no specific logic that is identifiable (both patient facing and admin teams).
What hasn’t been mentioned on here that I have seen is how much money certain senior executives have made (including quite recently!) selling stock. It’s beyond tone deaf when they make millions and rif hundreds of employees weeks later. Publicly available info!
https://simplywall.st/stocks/us/healthcare/nyse-unh/unitedhealth-group/news/have-unitedhealth-group-insiders-been-selling-stock