How does Elevance manage to avoid having all of the RIF's and rebadging mentioned publicly? For example, Becker's frequently mentions Elevance/Carelon but the very few times I've seen Elevance layoffs mentioned it was a tiny number of jobs (relative to the actual number of US jobs RIFfed that month) from a single location in a state that must have specific laws requiring disclosure- such as CA. For example:
https://www.beckerspayer.com/workforce/5-payers-cutting-jobs-2025.html?origin=PayerE&utm_source=PayerE&utm_medium=email&utm_content=newsletter&oly_enc_id=7008E9399767D4B
6 replies (most recent on top)
Rebadging is just one way they get around it.
I also attend weekly meetings with over 80 attendees while a few review slides. This is surely not good business practice.
So that the business doesn’t push back. What they don’t know they can’t fight. RIF, no ability to fulfill expectations and commitments, there is no way they are going to publish that out.
Tax office jobs outsourcing, no one sees outsourcing is a problem for American workers.
So investors don’t know the reality and to keep stock prices stable they don’t reveal publicly unless it’s a large layoff like 25-30% they have to declare publicly
That’s the advantage of our silent small layoffs that keep rolling every month
Limited and strategically structured layoff numbers….