Word is that the company was negotiating the offshoring of US jobs to TCS from at least May 2022. Indian company knew 6 months before Davita employees about the village relocation to Mumbai.
Don't believe the stated reason for the cuts. The real reason is business model erosion. The model is predicated on cheap PCT labor arbitrage. PCT does the job of nurses and paid one fourth. The salary difference is the business model, and the risk is absorbed by the patients' quality of care giving, and profit captured by shareholders and executives. Now in 2022 PCT salaries are forced higher because humans won't accept $18 hr to perform mission critical patient care. They can work at Lowes or deliver pizza for the same price and much less painful responsibilities. The solution therefore is once again to continue with finding cheaper labor, and introducing more risk, by this time moving the work to offshore.
Bumped from @62wul+1dL40AGx, well said.