Does anyone know when Optum Tech will have the next RIF?
I think someone mentioned the recent Optum Tech ETIPS RIF. That may have happened on July 24th.
Was the July 24th Optum Tech RIF only Grades 29, 30 & 31?
Based on postings, looks like company wide there has been a RIF every Thursday since July 17th…3 weeks running so far. But, a different subgroup most weeks.
Optum Tech ER (HR? Who knows..) is preparing RIFs for September and October. The person I know said they're not even high enough up (SG31) to find out the dates until 48 hours before the manager notification date. September is apparently finalized but not announced.
I haven’t seen any recent posts mentioning any upcoming RIFs for Optum Tech?
Does anyone know when Optum Tech will have the next RIF? August, September or October?
@dc just my opinion, and nothing I say has to do with this organization, nor any other.
The only thing the US still has is its reserve currency and our financial system. We have gutted/sold off everything else to protect these two systems. I think they are trying various quick fixes that use to work (tariffs, immigration, taxes, and money printing). But nothing is working and the markets are no longer responding in historical/expected ways. Triffin warned the world about this.
What happens next no one knows because the world is in uncharted waters. Try to be kind to each other and don’t follow blindly, educate yourself on all sides of an issue. Avoid taking on any additional debt if you can. Remember - social media is a very useful propaganda machine.
@d2 agreed.
tariffs can be for both goods and services. the ones being put into place are just for goods. when do you think that tariffs for services will be looked into? when they start looking into the bad job reports that just came out?
@cw unfortunately that is no longer true for any company. RIFs in white collar jobs owing to mass offshoring. Lots of news on this because it’s hurting universities as they can no longer guarantee 4 year degree as the doorway to middle class. On top of the massive student loan debt people cannot pay because of the visa/offshoring - no jobs.
This, in my opinion, IS NOT a political party thing NOR a corporate thing. It’s a currency thing that the world is addicted to that looks to be showing signs of real cracks.
@a2 I don't feel this is accurate, because I was supporting one modernization effort capex budget last year and then was moved to another. All of the layoffs I've seen in my area were performance based, where my manager chose the weakest link. I realize the world is different than it was last year, but it seems like this is more the approach.
@a2 Thanks for the information. I am in a role which is replacing legacy apps, so funding is not an issue for the next year. Plus, our group may already be at 70% offshore. It definitely already reached 60% offshore.
Looks like I may need to fire myself & not wait for another RIF. This wild ride is over for me. I am moving on & likely won’t wait for a parting gift.
For Optum Tech, Contractors and FTEs are being let go for new FTEs in India. If you are supporting an app that is set to sunset in 2026, then I would expect it to happen when your Capex runs out. Ask your manager what next years budget looks like compared to 2025. If it's less, which most are, cuts will happen prior to 2026. The budget numbers for your particular area will tell you what will happen.
you know noffin