It has taken awhile to get my mind around this, but the old model of Optum being able to hire a set of onshore engineers or analysts and throw millions at that is permanently over. Wall Street no longer trusts UNH, and for a long time despite very opaque reports on how money was made we plowed through with various revenue claims that any normal company would have been called out on. That’s over-no more moving money from UNH to Optum and calling it revenue, no more selling off groups then buying them back, no more projects that may be profitable someday. There are no more games to play. If a group isn’t profitable now, there’s zero chance it’s going to be added to, and will probably be cut. Bonuses are going to go towards zero, whatever was left of the country club is going away. If you hear you will hire more people someday, don’t count on it. The layers of managers who spend days building PowerPoint for other managers are next for the cut-if you’re not delivering to bottom line, find a way to.
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@ak - Well said, don’t think I have read a better summary of what is wrong with this company! I would only add that cronyism in the management ranks over the last 15yrs led them down this path.
You must be young... I graduated college in 2009 and this is my 3rd "it's over" that im. Living through.
Chill out, ride it, work hard, you'll be fine.
Any company whose entire “growth model” is cost cutting deserves lower stock valuations. It’s called a mature company
Offshoring and using AI to reduce headcount is simply cost-cutting.
Unless you are very close to retirement, apply elsewhere. This is not a growing company.