Thread regarding Elevance Health (Anthem) layoffs

I left 6 months ago. Was looking for about a year before that. Haven't looked back. Looking at this thread because I have heard so much from my old friends about the chaos there.
I took a pay cut for the new job, but benefits are better. Wasn't getting much of an AIP and seems to be going down if not away. I'm hybrid in my new job but actually in office with people I work with, not in office to use Teams to meet with people I work with. After 15 years with Anthem/Elevance, it was an adjustment, but I am much happier and not living under constant, vague threats to my or my coworkers' jobs

In less than a year, my team was cut in half due to RIF’s. They started with the low performers but when they were gone they moved on to the rest of us that were left. Constant stress and ptsd wondering if you were next. Constant paranoia anytime an unplanned meeting was requested. When we voiced our concerns we were told by management that we should always have our resumes ready to go and they couldn’t guarantee our future employment at Elevance. Really great coworkers were let go. People that had kids, mortgages, car payments. People with years of experience and knowledge. It hurt every time someone you were close with got that email and you knew what was about to happen. I looked for over a year and couldn’t find anything. I had a few interviews but I was mostly ghosted like other people have posted. There were only two people left on my team who did my role. Me and my coworker. My coworker had years of seniority and was a team favorite. So the writing was clear: in the next round of RIF’s I knew I was getting picked. One of my former coworkers had managed to get a position over the summer with another company. They reached out to me and told me there was an opening on their team and I was able to get hired there with their help. Ironically there are SEVERAL former Elevance people working there now, all from RIF’s or like me, knowing someone who helped them get in. It’s like an Elevance graveyard of former disgruntled Elevance employees, lol. I’m not going to tell you that it’s a better company or job. There are pros and cons. I deeply miss my role at Elevance: my members, coworkers, daily role. I didn’t leave Elevance because I wanted to. I left because I was next to be let go and I need a job for my family. I loved what I did everyday at Elevance and I was very very happy there. So there is a lot of bitter feelings and resentment. Yes, I have a new job, but it wasn’t because I wanted it. I have talked to some of the other former Elevance employees at my new job and they feel the same way. We were forced out one way or another and it quite frankly stinks. But we are employed and it is a remote position so that is good. We are very lucky to have jobs. But there is resentment that it had to happen this way. So to answer the question, yes lots of people are looking and getting other jobs. But is the grass greener? I don’t know? Just trading one set of problems for another. It’s so upsetting that this happened and it didn’t work out. I had fully planned to stay at Elevance until I retired. I loved my job that much. But they forced us out and now we have to deal with it and move on. I’m sorry to everyone that is still there. My heart goes out to you! It didn’t have to be this way

My anxiety kicked up after the last round of layoffs on my team—around summertime, I think (time’s a blur when you're constantly bracing for impact). People who had been here way longer than me, people with families and mortgages, just...gone. Their work was passed off to the rest of us and within a day it was like they never mattered. It was equal parts heartbreaking and terrifying.

So, naturally, I panicked and applied to something like 50 jobs by the end of that month. The responses were laughable—fewer than 10 interviews, most of them dead ends, and two companies strung me along for multiple rounds before ghosting me completely—very classy. The job market is absolutely as bad as everyone says. Maybe worse. But somehow, I clawed my way into a new role after a few months. I couldn’t even celebrate. I was just so relieved the axe didn’t fall first. Still mildly traumatized, but hey, employed.

I know I'm not alone. In the 18 months, over 30 people had left my team. Many riffed but MANY left. Totally normal stuff. Definitely not a red flag or anything. Do the math, that’s losing around one person every 3 weeks. How could anyone work in those conditions and not notice what was going on? Everyone could see the writing on the wall.

So to answer your question, yes, EVERYBODY is looking. The exodus has already began and it’s not slowing down. For everyone sticking it out for whatever reason, do what you have to do to survive. Just remember, loyalty isn’t a virtue here—it’s a liability. Do the bare minimum. Show up, nod along, then clock out on time and not one minute later. Let your silent rebellion be the fact that you're not destroying yourself for a company that would drop you in a heartbeat to save 0.002% on operating costs.

Anyway. Good luck to everyone regardless. We are all just rats on a sinking ship, trying to find a slightly drier plank.

EVERYONE IS LOOKING

The job market su-ks and I qualify for the full supplemental unemployment. The fact that I wfh full-time makes it easier to deal with the BS. At this point I am riding it out until another option comes available or they lay me off.

I have been searching but being over 50 now it is making it difficult in what is already a tough job market. My advice is to branch out and get out of health insurance now and keep beating the bushes until something comes through. With the drop in merit raises and AIP bonus, it is no longer worth it to put up with the stress, poor treatment, and BS at this company. They are going to keep thinking of things to sc--w over the employees until they get enough people to quit to meet their financial goals making up for the GBD losses.

Seems like all...