Thread regarding Cigna layoffs

7 replies (most recent on top)

@ec prob off load evicore

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Post ID: @ry+1kvtjhkk9

@ec I'm going to assume they are referring to the IFP exit.

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Post ID: @ed+1kvtjhkk9

@e4 @e4 can you elaborate on the "concrete plans for 2027"?

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Post ID: @ec+1kvtjhkk9

Depends on how the actual financials progress and look as this year goes on. Cigna can always dump more positions if they need to hit a number. I don't think there is a definate plan, but they have contingencies. Like others have said, they have concrete JE plans for 2027.

The stock market is happy with the JEs so far, but will the corporate customers and the brokers see weakness and move elsewhere with thier business? This sales cycle and renewal season tells the tale.

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Post ID: @e4+1kvtjhkk9

Holding out hope for an update on the ‘strategic alternatives’ at the 7/15 meeting?

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Post ID: @b5+1kvtjhkk9

Unlikely

Will probably be offered again Feb 2027.

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Post ID: @aw+1kvtjhkk9

I want to know the same thing,. This is opinion only, but I don't think they need to offer it again this year, with a better chance next year early if needed. I read in some FAQ a while back they did not have another round scheduled for this year. My guess is many of the remaining JE's this year will be related to the elimination of the IFP business.

Hoping someone with actual knowledge might be able to give a better answer.

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Post ID: @aa+1kvtjhkk9

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