Thread regarding Anthem Inc. layoffs

Layoffs even though stocks & earnings are high :(

This is just 1 article from today:
https://beststocks.com/capital-investment-advisors-llc-increases-position-3/

Interesting news articles the past 2 weeks especially w/ impending mass layoffs.

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| 2061 views | | 6 replies (last September 23, 2023) | Reply
Post ID: @OP+1oIw0X6G

6 replies (most recent on top)

Google lawsuits where EH/Anthem did not pay out on claims, VA most recently in the news, during the pandemic when only the most critical needs were being treated since routine care was suspended due to lockdowns (and payers were making record profits due to fewer claims and with Medicaid eligibility requirements lifted). Maybe they need money to finance lawsuits.

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Post ID: @2nts+1oIw0X6G

This is ridiculous to see the Covid savings numbers across the healthcare industry.
Then, they beef up their labor & build some stupidass pulsepoints & now WE are going to catch the brunt end of all of it. Us & the American public.

I'M SO SICK OF THE EXECUTIVE LEADERSHIP AT ANTHEM. They have GOT TO go. A 300% salary increase is disgusting, Gail.

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Post ID: @1jfj+1oIw0X6G

Elevance Health bought back shares worth $646 million in the second quarter. It had a leftover buyback capacity of around $5.6 billion under its share buyback authorization as of Jun 30, 2023.

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Post ID: @1rsy+1oIw0X6G

This is why unions and collective bargaining exist, to leverage against unchecked greed and capitalism without a conscience.

Best to everyone who lost their jobs today.

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Post ID: @vlh+1oIw0X6G

For those in GBD our funding is predicated on government payment and when that decreases our org levels will decrease irrespective of our stock price.

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Post ID: @ctg+1oIw0X6G

https://distilinfo.com/healthplan/blue-cross-blue-shield-louisiana-faces-out-of-state-acquisition/

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Post ID: @fyv+1oIw0X6G

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