UnitedHealth suspends guidance as CEO steps down. Stock takes hit.
9 replies (most recent on top)
Stocks were around 283 during Covid, this is bad news.
@b5+1jv4zwzmz Who's d-mber, the Indian offshore employee with 40 years of Java experience or the middle managers he fools?
Once you see the effect of tech shifting offshore to dirt people that don’t know anything, it will be even worse. Prepare for more pain.
Too many CEO ( business, segment etc ) stacked on top of each other. Same for other C club members. Too many useless VP making big coin and no value just changing stuff to be relevant. Cut those layers and the business would run on only with a tighter balance sheet.
The company is currently facing significant criticism and scrutiny due to problematic management practices. Their leadership has demonstrated unrealistic expectations and exhibited bullying behavior, which has contributed to the organization's decline. The never ending layoffs of high-performing employees have resulted in widespread dissatisfaction among healthcare providers, patients, and remaining staff members across the organization. This has created a negative atmosphere and damaged the company's reputation in the healthcare community. Amen!
Once a blue chip, now a sh1t show. I think more VPs with no real plans or strategy should help.
Yikes! Optum/UHG has become an s show these past few years.
Can't be good for our jobs right?
It will soon to cross below 250. just wait till Q2 earnings.