Haven’t heard anything.
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@xxq+1me27DyD- Optum is in the business of M&A as in merger&acquisition. The formula is simple - 1. Acquired 2. Absorbed customer base 3. RIF 4. Proxy shows immediate double digit growth. Neither human capitals nor integration to meet compliance not a priority. Much like the Banking/Finance M&A in the 90’s-early 2000’s.
No, they don’t sell after acquisition. They just cut to show profits.
Remember this is not the last..many departments were hit hard today. It will happen this summer and later again fall/winter. Optum recalibrates frequently.
Yes personally know several..some was let go right away and some others will stay in their position until May.
Read this guys post: https://www.thelayoff.com/t/1lIZ6Fui
It's really starting to make sense.
Yup, they laid some folks off. It's crazy some of the people they laid off are much needed.
This is suspenseful
I'm interested to see what departments and what job functions were cut. I haven't personally heard of any as of yet and it's 2pm.
It has started. Names will be released at 5pm
The ship is sinking.
Begun at 9am.
Get your life rafts ready and jump!
Yes it is. Our leadership had a meeting for awareness this morning. I don’t have any details other than they can’t say who or what areas and the people got severance and will be here a bit longer to transition.