Dedicated for the purpose 8/3 layoffs projected to be announced.
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This is probably just more bullsh-t. 8/3...now 8/10, then 8/17, 8/24, 10/26.
Any word on Rx? Not hearing anything so either Rx is safe or I am looking for a new job at the end of the week?
Current Leadership: Scarcity mindset. Focus on the priority tasks, do the most critical, no new hires or projects. Show progress. Check off tasks.
Me: Innovate, solve problems, spot opportunities. Taking risks, collaborating.
Optum is no fun anymore. I have never wanted to be laid off, but I would actually welcome the opportunity it would open to find better leadership more aligned with a growth mindset. Do more with less only works if you have a vested interest in the success. To 99% of employees, this is just a job to pay lifestyle.
@2yne+1nO23JZB How do you know that the layoff date moved?
Layoffs moved to 8/10
Very poor management I totally agree !
Severance not negotiable and kiss your untaken PTO bye.
More lay offs in e&i this morning 7/28.
What a monopoly the healthcare company buys and owns the company that is used to make decisions for medical care. They can manipulate the decisions made for treatment as they own the platform for decision making.
They are doing exactly what they planned. Getting rid of the competition. Change was a 155.6 billion dollar company with like 80 percent of the market share in payment integrity. When providers were offered Optum or change they went with change. They contracted 38 out of 40 top insurers. Hence the let’s destroy them. So the judge made them sale the claim editing portion and they will thrive. Those 375 employees were spared. They went to some other company who actually gonna help them grow. Optum is a healthcare disruptor. Increasing cost for consumers and businesses.
I have heard from my leader that OI date is 8/3. Was told my team would not be affected but I will wait til 8/4 to feel ok. This is all coming from the CMS 2024 budget cuts. Every payer is going through the same. And yes, I think there are still some changes coming from the Change acquisition but that's only a hunch.
Loyal first to Stockholders. Of which a 2019 study shown that more US stocks are owned by Foreign entities than American workers. Sending jobs overseas to show those foreign stockholders bigger profits. That is a Lose/Lose America.
Can they afford to cut more people from Change? They have already gotten rid of many. How will they manage the Change solutions?
How do you already know there will be layoffs on 8/3? Any word on Optum Insight?
I am hearing the Change folks will be hit hard in RCM S&A next week. Such poor leadership, nothing is ever developed.