Thread regarding Optum layoffs

Lot's of threads, one theme, and a wish with the 17th coming ...

There are a lot of threads here and so many comments about reasons why and options. I've been with Optum for 20 years and sadly lived through and had to RIF folks. They are all horrible life altering events for most. Here are some facts based on real, actual experience.

  1. It has zero to do with stock price, laws, politics or anything like that. We were RIF'ing when the stock was over $600.
  1. Meeting invites will be sent within the hour of the RIF. Impacted employees and managers will all be in the meeting as a big group. It'll be cold and not last 15 minutes. No meetings will be sent earlier than that. Most will get to remain for 2 weeks and be able to attempt to get a new position. If you want to go, you can sigh the RIF and start the 45 day clock on receiving your severance.
  1. The RIF's are based on Sandeep's long term plan to the board to off-shore 70% of the workforce. That plan was put in place a years ago and is in full swing now. THERE WILL BE MORE!
  1. Parachutes cost LESS than a RIF. The unemployment fees coupled with severance to the company are much higher in a layoff than any parachute payout.
  1. Optum however won't off voluntary parachutes because HR did a study in 2020 which indicated so many "old timers" with empirical knowledge would go, there would be a damaging tech debt. That's why the last one offered was in 2018 and Optum has no plan to investigate offering one in the near future.
  1. Some may chose to argue these points and that's fine. My post is based on being here and living through them multiple times for many years, including the one coming in 2 days.
  1. ALL THE ABOVE BEING SAID.... Thoughts and prayers and the very best of luck for those who will be hurt on the 17th.
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| 4281 views | | 23 replies (last July 16) | Reply
Post ID: @OP+1k06431bz

23 replies (most recent on top)

@e6
I've seen it done that way as well, although not for a few years. I have no doubts some areas till do it that way. Lately the RIFS have been big so that's not the most efficient way of doing it.

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Post ID: @g8+1k06431bz

Layed off 04/23/25. A direct onbound call from senior director at 9 a.m. same for 9 other team members. Back to back to back. No meeting invite.

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Post ID: @e6+1k06431bz

@cf in my area it’s a 65% mandate for offshoring and 30% of all employees must be contractors.

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Post ID: @de+1k06431bz

@c6 This is correct. Have seen it work that way for multiple people I know. If you turn down a "comparable" position, you are told you are voluntarily resigning. The term "comparable" is the issue in my opinion.

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Post ID: @d4+1k06431bz

@cf
Wise. Sadly if a tech career is what you seek along with a place to put down roots in a company, Optum isn't the best choice of place to try and land any longer. With the current leadership an on shore employee is a burden to their ill willed master plan. If you do come, use Optum for gaining knowledge and contacts and dump Optum without a second thought, just like they would to you

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Post ID: @cz+1k06431bz

@cv
I believe that's correct, but if I recall there was a cost associated with the extension... I could be miss remembering though so don't didn't me if I'm wrong.

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Post ID: @cy+1k06431bz

I believe if you receive notice on Thur 7/17 your last day would fall on Wed 7/30.

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Post ID: @cw+1k06431bz

@cg Usually you will be extended insurance for another month.

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Post ID: @cv+1k06431bz

So if people are getting RIFd on 7/17 that means last day of employment is 7/31,so benefits end on that day too?

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Post ID: @cg+1k06431bz

Appreciate the post, seems accurate.

If this helps anyone, the goal of offshoring US tech jobs (I heard 90% to go offshore) has me applying externally. I am certified in Adobe Analytics, Python, SAS, Tableau and Alteryx. I also have extensive digital experience and AI/Chat analytics background. Not worth the risk/stress staying. I am fine working in the office 5 days a week so lots of opportunities out there if your willing to go in to the office.

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Post ID: @cf+1k06431bz

@c6
I think there were some caveats to that. For example if the position they offered was Office based and you were a Telecommuter you could refuse among others ...

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Post ID: @c7+1k06431bz

@bv when I got laid off last year the rule was if they offered you a position within a certain percent of your current salary and you turn it down you forfeit your severance

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Post ID: @c6+1k06431bz

@by
Depends on your area. I have 3 reqs. currently on hold to external candidates

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Post ID: @bz+1k06431bz

@bx i disagree - there were 15k people hired in the last 3 months

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Post ID: @by+1k06431bz

@bw
I should have added ... This is tricky... If you sign or wait to collect your severance, you are now an EXTERNAL candidate ... there are freezes on externals so careful playing the game if you want to stay...

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Post ID: @bx+1k06431bz

@bv
No. That's why if you get RIF'd and want to try and post to a position you don't sign the paperwork. I was RIF'd 2 years ago and was hired to another division a week later. Out of Optum ...

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Post ID: @bw+1k06431bz

If you are laid off and then get hired for a different position after your lay off, do you still get a severance?

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Post ID: @bv+1k06431bz

over 15 years myself, RIFed in 2017, came back 4 weeks later finding a internal role, person posting is about as accurate as it will get

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Post ID: @bp+1k06431bz

@a7 \Fair enough, As I mentioned my experience was regarding Optum. Other LOB's could be different

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Post ID: @bn+1k06431bz

Thank you.

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Post ID: @bk+1k06431bz

The one nice thing about having so many people that have empirical knowledge is that they get to stay I suppose. Sometimes it's a pain, but if it keeps people safe- it's definitely worth it.

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Post ID: @av+1k06431bz

This post is not fully correct. Last July the invites for Landmark staff were sent out at around 7pm central time on Wednesday night, not within the hour of the RIF as noted.

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Post ID: @a7+1k06431bz

@OP
I've been here for 7 years and your rundown is 100% consistent with my experience too.

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Post ID: @a1+1k06431bz

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