Big layoff today in Tampa. Legacy Wellcare.
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Where in Tampa was there a layoff this week?
Anymore Tampa layoffs?
Lol. Ken is now on the board of directors for a company run by one of his former direct reports. Ken is doing just fine.
And btw - he didn’t really orchestrate anything. He was originally brought in to fix the WCG company image for profitability and eventual sale, but the WCG board of directors made the deal happen.
Ken found out on Christmas Eve prior to the announcement (maybe New Year’s Eve…can’t recall now) and ended up having an emergency call with his directs to let them
know.
Ken’s run out the clock contract is more than you will make in a lifetime. So I’m sure the compensation he received for orchestrating the sale softens any blow to his ego
This! "Hey Ken, still think you did the right thing in engineering the sale of WellCare?"
I often think about this too.
@1wjs+1cbhJz2K Medicare--MFN got rid of Mike Polen who came up through the WellCare ranks with another WellCare guy Rich Fisher who was the CFO. I read about that 'office of the President' and it's a Centene guy plus a woman who came from Optum Ventures, their investment arm, to presumably whip the dog's breakfast of non-plan services into some semblance of a structure, ha ha. If you didn't think the investors didn't pressure MFN into doing this, I have a bridge over the Hudson to sell you.
Ken Burdick stayed 13 months to play out his contract, finding out undoubtedly that he had no chance to succeed MFN. Hey Ken, still think you did the right thing in engineering the sale of WellCare?
Anyone know if Collaborative Health Systems (the ACO group) had layoffs?
mostly leadership.. Medicare hit hard.. they got rid of legacy centene folks back in February so it was long coming for Wellcare legacy..
Will there be more layoffs in Tampa this week? Inquiring mind would like to know. I know upper management looks at this so I would be happy to get some insight. Thank you.
Did they get severance pay ? Or just a get out we owe you nothing ?
There are definitely more cuts coming and they will continue.
There’s something brewing. They created the new “office of the president” that includes MFN and two other executives.
Now they’ve put a finance guy in charge of Medicare. Something…or some “things” are for sale or about to be outsourced at Centene. The jobs come first to make the bottom line look better.
Anyone know if this is carrying over to tomorrow?
OH will get the boot…don’t know what’s worse—-the waiting or leadership assuming we are all id--ts believing their lies of “everything looks great!”
From those i talked to they said it was a complete blindside
Did they see it coming or was it as silent as Ohio is being? Dancing around what we already know, we’re all going to get the boot, lies lies lies !!!
Thanks for sharing the info.
Claims was hit hard. Seems to be all leadership
Old PHS/Care Management group. Many let go—-lots of leadership.
Details please