Thread regarding Optum layoffs

ESPP

I heard that this is being cut in terms of the discounted rate. Is going to be 5% with some other shenanigans… also heard that PTO can’t be carried over going into 2026… anyone heard the same?


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| 2351 views | | 7 replies (last September 17) | Reply
Post ID: @OP+1k57dvdww

7 replies (most recent on top)

Must no be a CA employee since they capped at 375 hours where you stop accruing more PTO

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Post ID: @kf+1k57dvdww

@a3 they can cash me out cuz I’m sitting with 450 hrs of PTO and in CA! I’ll go exempt for a pay period or 2 lol

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Post ID: @k7+1k57dvdww

i hope not, i was planning to carryover 7 days LOL

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Post ID: @d6+1k57dvdww

No way re: the PTO change, that sort of thing requires extensive HR involvement and training/attestations before it can go live. They wouldn’t do it in mid September.

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Post ID: @d5+1k57dvdww

Who would buy stock at this point? Discounted or not—- you could do so much better in other stocks or even bonds at this point.

Why bother?

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Post ID: @ar+1k57dvdww

In states where they are required you will be cashed out CA etc. Other states its a grant so they could just sc--w you out of it just like in a layoff situation

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Post ID: @a3+1k57dvdww

I hadn't heard that but it will pretty much make the espp a non benefit at that point. A far cry from just 5 yrs ago. As far as pto, that would have to ne announced soon so everyone can start taking it to finish out the year. All of this will just destroy whatever morale is left.

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Post ID: @a2+1k57dvdww

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