So we are basically sc--wed?

Centene’s next quarterly earnings call is Friday 7/25/25. Considering that there has not been a peep made internally about the potential 1.8 billion dollar hit to earnings outside of the initial press release, they’re going to have to do something dramatic to keep the stock from sliding further down assuming they don’t report better than expected results. Would imagine a big layoff would take place if the results are bad as they’re expected to be.

This scenario tracks with the rumors about layoffs starting this week. OP: @af+1k0ezdagb

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As soon as the stock took a hit, leadership started scrambling to figure out how to recover the money. A friend told me that others in the office are already bracing for another round of layoffs in October—just like 2023. But this time, the severance package probably won’t be nearly as good. And honestly, we all know why. The folks at the top still need to protect their raises, promotions, and bonuses. It’s a frustrating cycle that hits the wrong people every time.

@e5 whose Cheryl

they just announced rasing premiums to recover those losses per Cheryl case in claims meeting...doesnt sound good

At least we have a “diverse” all white, female executive team starting with Sarah. I’m sure that’ll go far with investors. (Sarcasm)

If I had to make an educated guess...I would say layoffs will begin after the miserable earnings report.

@OP I thought it takes months to plan a layoff.

Those who are laid off will be the lucky ones because they will get a severance. The next step will be writing people up for anything and everything possible, so they can be fired instead.

Thread regarding Centene Corp. layoffs

So we are basically sc--wed?

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