Thread regarding Centene Corp. layoffs

BREAKING - Centene Poised for Layoffs Next Week, Documents Reveal

A round of layoffs at St. Louis, Mo .-based Centene is set for Oct. 2 to Oct. 5. The plans are detailed in a 13-page set of confidential HR documents entitled “Supporting December Transitions” obtained by Health Payer Specialist. The last day of work for the fired brigade will be Dec. 8, 2023, the HR documents say.

The instructions in the HR documents offer a “notification meeting script” for those due to lose their jobs, one that suggests the number of firings will be large enough to have an impact on Centene’s bottom line.

In one-on-one meetings with employees who will be fired, the HR workers are instructed to say, “Thank you for meeting with me today. Over the last 18 months Centene has been actively working on its Value Creation Plan. . . We are facing headwinds related to the [Medicaid] redetermination process and the impact of Medicare Advantage Star Ratings.”

The script continues, “that unfortunately results in the elimination of your position. Your termination date will be Dec. 8, 2023.”

In the HR documents, the targeted workers are told they have 45 days from termination to sign or refuse to sign an agreement outlining the terms of severance. Workers will get health coverage and other benefits through Dec. 31, 2023.

The HR documents also include a “save the date” notice telling the HR workers of sessions set for Sept. 27 and 28 on “managing employee reactions” to learning they are losing their jobs.

One directive in the documents says the managers will learn to recognize and deal with the signs of shock, defined as when the worker appears “quiet, tearful, sad, and unresponsive.” Another learning module will tell the managers how to deal with worker anger, seen when a soon-to-be former employee “raises voice, holds aggressive posture, becomes argumentative.”

Still others will likely be in denial, seen when the worker “appears confused, avoiding eye contact.” Far easier for the managers will be those with an air of resignation, one who “appears calm, lacking in emotion.”

The training sessions are meant to make it easier on managers as well as the employees being terminated.

The unlucky employees “will exit the organization with respect, care, and concern,” the directives promise.

Centene did not respond to requests to discuss the pending layoffs.

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| 297868 views | | 1666 replies (last December 1, 2024) | Reply
Post ID: @OP+1oNUjeJa

1666 replies (most recent on top)

It was Just confirmed and 2000 employees will be terminated! They are hush hush about what departments and we are being told it's mainly the corporate team. Not sure if I believe that, but I guess we will know come Thursday

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Post ID: @hat+1oNUjeJa

Does anyone else think it’s funny they’re laying off employees but hosting the Town Hall from the Raymond James Stadium which is less than 30 minutes away from the Tampa office?

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Post ID: @scz+1oNUjeJa

Will this affect Fidelis to?

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Post ID: @ghi+1oNUjeJa

Why is the CEOs pay never looked at before us little people. Prayers to all affected.

13 million per year

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Post ID: @fyb+1oNUjeJa

Anyone know if this will mainly target BTS?

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Post ID: @etk+1oNUjeJa

Can someone confirm which health plans will be affected? The FL WARN site doesn't list Centene or Sunshine.

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Post ID: @caa+1oNUjeJa

I’m at a health plan. my boss just told me everyone affected has been notified.

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Post ID: @qaa+1oNUjeJa

We just received an email from CEO saying this imfo was leaked to the media and YES they are laying off 2000 employees

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Post ID: @ogd+1oNUjeJa

Bookmark this (I’ve archived this) as this page may be deleted:

https://archive.ph/2Ggfd

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Post ID: @slo+1oNUjeJa

Not surprised. We’ve seen many layoffs since the merger. After star reviews it’s def not a shocker.

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Post ID: @zeq+1oNUjeJa

Anyone have a link to the Health Payer Specialist or post the slide contents. Looks like there is a paywall.

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Post ID: @xxo+1oNUjeJa

There was also a Business Technology Solutions manager and above meeting today addressing this.

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Post ID: @moy+1oNUjeJa

I was in the August announcement batch for NY employees! I have been with the health plan for close to 10 years with a lot of internal knowledge of the many departments. My last day will be October 6th this news was a shock as I have a severe medical disability and have built my health and financial security around this company. So far the average tenure of 14 years at the health plan I am at has been now reduced to under 6 years in just the 5 years Centene bought us. The company relies heavily on contract and temporary workers which severely hinders progress no wonder why they grow by acquisitions and not organically. The severance package they give you requires you to work for 2 months after the announcement and gives you 14 weeks of pay in a lump sum however if you decide to leave early even a day early then you get nothing. Even though they have other job roles I would be happy to work and qualified for they do not offer to promote or move you instead the application process is open to all and is competitive unless it is a position above a director then they might slide you in if you play to their tactics. All things considered with my disability my future does not look great and I am having a horrible time trying to find new work. Centene puts Profit Over Morales this is just another reason why For Profit companies should not be allowed to handle Medicaid and Medicare insurance.

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Post ID: @czq+1oNUjeJa

Sarah,

Since you're seeing this - is it 3% overall or just 3% in the October round of layoffs?

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Post ID: @bul+1oNUjeJa

It’s legit and I suspect that I’m probably on that list. No real reason - just reading some tea leaves.

And btw they met in St Louis last week under the guise of AEP planning. This was an additional conversation.

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Post ID: @osa+1oNUjeJa

I'm sure this was a difficult decision and the board will be crying themselves to sleep on their huge stock bonuses.

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Post ID: @ewy+1oNUjeJa

I guess the good news out of all this is layoff is just over 3% and not 20% like people on here were saying it was.

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Post ID: @fxr+1oNUjeJa

Sarah London and her fellow corporate leaches brought home huge bonuses last year the same year they decided to take our incentives and bonuses away. Keep getting sued for shady business practices, Centene. Have the lives you deserve.

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Post ID: @osl+1oNUjeJa

This is true. Mostly culling the extra fat that didn’t do any work. Needs to happen every few months.

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Post ID: @exc+1oNUjeJa

Team,

This Thursday is our One CenTeam Town Hall. We have several things to cover – one of which was unfortunately leaked to the media before we were able to discuss it as a team. I am reaching out so that you hear from me directly on this matter.

Centene is committed to sustainable growth across each of our core businesses. We have been focused on investing to deliver value for our customers through our size and scale, but also by rightsizing our cost structure – this is necessary to support the needs of our members now and for years to come. As part of this process, we continually evaluate our workforce and capabilities to ensure we are equipped to honor our commitments and support our customers, our members and our evolving business needs.

To enable us to continue positively impacting the health and health care of our members, we will be reducing our workforce by approximately 2,000 employees or just over 3% of our employee base. This decision was not made lightly and we will support impacted team members with severance packages and outplacement services. We will discuss further at Thursday’s Town Hall.

Sarah

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Post ID: @teg+1oNUjeJa

The layoff is to be company wide (all departments are potentially affected) The announcement is Oct 3 with people working until Dec 1 and terminated on Dec 8. That they are covered until Dec 31 is something I had not heard. The powers that be want to keep the board happy and make sure all leadership gets their big bonuses.

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Post ID: @kcw+1oNUjeJa

I not only believe it, I can confirm it is 100% true. A layoff announcement was set to happen in my department next week, but only after impacted individuals were notified. Someone leaked the confidential document that was given to applicable people leaders to Health Payer Specialist. There is a screenshot of one of the slides in their article.

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Post ID: @szf+1oNUjeJa

I absolutely believe this. My freaking manager was in St Louis last week along with other higher ups.

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Post ID: @mwi+1oNUjeJa

I don't believe this. Anyone taking this seriously?

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Post ID: @akr+1oNUjeJa

Any idea what departments? Will this be only MO based plans or all Centene Medicaid and Medicare plans

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Post ID: @cba+1oNUjeJa

Thank you for sharing. Confirming I’ve read this on Health Payer Specialist.

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Post ID: @xty+1oNUjeJa

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