Thread regarding Optum layoffs

What’s next?

New lawsuit by DOJ… new round off layoff planning starts again. When we finish last round of layoffs, we will plan for the next one. This was the old CEO LR stated during global town hall 8 years ago when Hemsley and Santelli (from IT) were in charge. I feel terrible for those affected and impacted their families and livelihood. Good for those who were let go last year and cashed out their employees stocks at the height, doubling their nest egg compared to today.

Noticed more so lately that there are groups in fear of loosing their jobs that they seems to stand in the way or just undermine others just to make people’s lives miserable or make themselves look good. ESRO is top of my list with their relentless failed strategies to protect the company and convoluted half baked processes and tools. They’ve driven adults out of the room and now we have bunch of chicken little running around stopping any innovation unless it’s cloud and AI. In the business side, same good old names keep getting shuffled as if we’re moving chairs on the Titanic. Should there be more groups in line so once gone we can grow and innovate to stop the layoffs? Are we too late and we’re just soulless, rudderless company of desperate employees to keep their jobs and willing to turn our heads as more of our failed strategies are replayed as new in our town halls? Why are we outsourcing jobs to India who are allies to Russia and Iran. Why are we trying to make India great again while suffering US employees. Are we really seeing ROI by taking jobs to India while more jobs are let go.

by
| 2181 views | | 5 replies (last July 29) | Reply
Post ID: @OP+1k10ymrs6

5 replies (most recent on top)

Next? steve gets value out by breaking up UHG. Unless blind hubris wins.

UHC is dead money. Let MA "die off," leverage Providers/rent medical network to Payers, exit high reimbursement states, shrink to favorable markets, take Optum's Payer business. Managed decline > crash - slide out where insurance becomes minuscule and focus on selling into other Payers.

Spin off Optum to lose the UHC albatross to focus on Provider and Life Science. Get the house in order and clean up the total cluster product portfolio. Tons of value in an IPO with outsider management and lots of heads rolled but not more yahoos from tech.

but nope, we'll get hot air that will fizzle out like a slobbery balloon til Q3 earnings

by
| | Reply
Post ID: @t0+1k10ymrs6

@an IKR! The company, especially in OT, is all about AI, AI, AI. That's literally all you ever hear in every town hall, every corporate email, 1x1s, etc. Fk that. What about everything else? Upper (and mid) management does not seem to know WTH they're doing.

by
| | Reply
Post ID: @p0+1k10ymrs6

Theres so many people here that have 0 interest in doing anything of value and are full time finger pointers and SLT echoers. Just talking nonstop about AI while the core business products rot on a tree

by
| | Reply
Post ID: @an+1k10ymrs6

I’m just visiting from Elevance/Carelon. Sounds like we’re all on the same sinking ship. Good luck to us all.

by
| | Reply
Post ID: @af+1k10ymrs6

They need real STRATEGISTS - Want to save some payroll? Expand Deferred Comp to a larger group. You have to box out the think

by
| | Reply
Post ID: @aa+1k10ymrs6

Post a reply

: