Thread regarding Optum layoffs

Stock price

How low do you think the stock price needs to go to encourage layoffs? Does it need to stay that low for a certain period of time?

by
| 2391 views | | 7 replies (last February 9, 2021) | Reply
Post ID: @OP+198kDAsM

7 replies (most recent on top)

Maybe invest into some fake "currency" and then bail, say adios to that company and laugh? it's shlock street-what could go wrong?!

by
| | Reply
Post ID: @cafp+198kDAsM

Why not do the bare minimum and then get forced out and collect? Why all this loyalty to a capitalistic cess pool?

by
| | Reply
Post ID: @4hkf+198kDAsM

The stock price may have an impact but this a massive organization, things don’t turn that quickly. They’ve been planning a RIF for months. It’s not a matter of IF but when...

by
| | Reply
Post ID: @4ozo+198kDAsM

Grade 30 and above in State Government side of OptumInsight need to go. Period. That business unit is dragging all down and has a real need for efficiencies and optimization than other business unit combined at UHC. SGS is highly biased hierarchical organization influenced by the States they make $$ off.

by
| | Reply
Post ID: @2cdt+198kDAsM

My boss wants to have a 1:1 with me next week. Looks bad since I have asked for this for months. Looks like I be gone for sure since I just finished a major project which was also paralleled by someone else. The problem was my work was better. They been trying to prove they can do the work better but they have embarrass themselves since they dont have the history or experience. (newbies to take over my work) My first 1:1 in 7 months.

Probably explains why the budgeting department has been working every day and night and weekends.

New folks added. Old folks removed. No winners here except for the company to shed the old for the new. Not the better. Just the cheaper.

It was a good run. To be thrown out of the company by people you cannot stand is actually an honor.

Investors not happy, so I have to go. After all, they own us.

by
| | Reply
Post ID: @2bdt+198kDAsM

The "huge pressure" on the "top executives" is abated b/c they're getting 7,8,9 figures. what are we getting? Wage cages and pizza lunches with empty promises. we're there to serve the officers, partners, and trustees.

by
| | Reply
Post ID: @1kml+198kDAsM

330 is the investors bottom number. If it goes below that number, investors will bail.

And then huge pressure will be place on top executives.

by
| | Reply
Post ID: @khw+198kDAsM

Post a reply

: