Whats going on? Is there a big shakeup coming?
8 replies (most recent on top)
Hint: Steven Hemsley owns a hedgefund, Cloverfields Capital, did this when he left the CEO position, positions consist of 60% UNH stock, so he wants to buy cheap and sell UNH stock when it goes up again, he did this for years while CEO of UNH, all former UNH folks over at Cloversfield..media will never talk about this, but it's there, SEC filing and all, go search. Anyway just some additional content here.
I heard major layoffs coming June 15.
More detail following @fii+1n7IMe09
https://www.reuters.com/business/healthcare-pharmaceuticals/unitedhealth-falls-warning-higher-medical-costs-2023-06-14/
John rex made comments to big money investors at a Goldman conference they did not like. Basically that seniors are starting to go in for their procedures they put off since Covid. Utilization is going back to normal levels. Not good news as UNH will be cutting even more the rest of this year and next year in terms of expenses. I would expect much more layoffs.
Many managed-care orgs are down overnight, not just UHG.
Maybe another regulator (FDA, DOJ, etc) found some more rats in rx clean room or a sleazy kickback scheme
Twenty points is hardly a crash. This site has lost its purpose. Unless I am mistaken that 'theLayoff.com' is really a place where RIF'd employees can go to fling mud. I do not agree with the every 45 day layoff program we are on, but as long as I am getting paid I will keep my head down and perform. Keeping my job and Integrity is important to me.
Has to be something real bad : Enroned, Witty China, CFO step down, scam …..praying for all.