It is a shame. Molina used to mean something to a lot of people. The Company was never as bad off as the Board or current management likes to portray. The company lost a lot of money in 2017, because they took writedowns on assets and severance costs for layoffs. The stock went up because shareholders like cost cutting. The Molinas didn't...they liked to serve members, help employees and grow the company.
The Board was threatened by Dr. Mario. He wanted to have them cut their pay (they were making $500K per year for showing up 6 times). They didn't like John, because he disrespected them. So, the Board decided to show the brothers "who was boss."
But, the Board and new management doesn't care about members or employees. The only folks who count are shareholders and the Board. The Board still makes more than most employees (except the C-suite). And why else would they move the corporate headquarters to Manhattan? This is a Wall Street machine, not a company that cares about the poor.
Good post from @10xui7Lw-qfu.