Thread regarding Optum layoffs

He knew RIF was in his plan - insider trading

The largest insider trading by Witty was on July 22, 2023. Easy guess- RIFs was well in the plan then.. read on -
https://wallmine.com/people/47948/andrew-witty.amp
Highlights - “The largest trade he's ever made was selling 11,376 units of Unitedhealth Inc stock on 18 July 2022 worth over $6,005,390. On average, Sir trades about 378 units every 8 days since 2017. As of 18 July 2022 he still owns at least 76,558 units of Unitedhealth Inc stock. “

Can’t take the spots out of leopard 🐆

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| 2681 views | | 6 replies (last May 4, 2023) | Reply
Post ID: @OP+1mne52pV

6 replies (most recent on top)

So, Sh---y Witty lives up to his name again, eh?

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Post ID: @5xun+1mne52pV

Actually the latest was May 1 2023 reported. Coincides with the huge layoff of Change employees and all the layoff that were done in feb and march to consolidate Casemanagememt with the excuse for the new program. Appears that the company employees are at the mercy of them making tons of money on improving those stock prices

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Post ID: @3anl+1mne52pV

How interesting...in closer look at the link below, they all got awarded with stock options in September 2022. The "Chief of People" quickly traded multiple times during December and again several times in April, 2023. All the timelines aligned with RIFs (before/after..and may continuing).
Folks, this is good gauging factor as when you can anticipate RIFs will hit you..."Chief of People"....Really? "Chief of Maf** Hitman" is more appropriate.

https://www.nasdaq.com/market-activity/stocks/unh/insider-activity

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Post ID: @1yia+1mne52pV

Check out list of execs stock owners - exec head of legal & HR.. oh yeah… all made sense.. they are for the org. Not for the employees so called “employee relationship” advocate. We all knew right? $ keeps all of them happy and be willing participant in support of the disgusting MO.

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Post ID: @ulm+1mne52pV

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