Cordani makes like 21 million a year second highest paid CEO and the company is paying over 172 million dollars to the state of California from that lawsuit over denied claims, I think all the cuts are to pay for that! After 8 years of dedicated work, endless hours of working early, over or through breaks I was let go this week. Totally blindsided, no warning of any kind. Never been in trouble never been on performance plan and hand picked for projects by my leadership because of my experience and expertise. I was told I was encouraged to reapply for other openings in the company, so if you still need nurses why wasn’t I or others offered those open positions? Sending things overseas go right ahead Cigna it will continue to be your downfall. I have been in enough client audits in the last 3 years listened to cigna on chopping block for how overseas nurses handle assessments of customers health it’s a joke!
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"AI has been developed and tested to do med reviews. Anything that can be is being automated..." because that worked SO well with PXDX! Just making a down payment on a future $200M settlement in 2026 or so...
LOL :D
It would help a lot if the executives who lead the company into this mess took significant pay cuts. That would show true leadership and accountability. Continuing to pay yourself millions of dollars while people are losing their jobs because of mismanagement is disgusting.
Same as post below, on paper I make good money (6 years ago). In today's economy EVERYTHING is expensive and my salary hasn't kept up with inflation. Living paycheck to paycheck keeping expenses as low as I can. I've canceled subscriptions, cook family meals at home, and only buying what the family needs. Meanwhile everything gets more expensive, food, insurance, and cost of living. It's stressful and now knowing that I can be laid off is adding to this anxiety. The income disparity between what the average Cigna employee makes and what Cordani makes is ridiculous. Knowing Cigna, they will keep merit increase as low as they can so Cordani can make more money.
I’m wondering when it will get better. I’m struggling to buy groceries and pay car and house insurance while Cordani makes millions but says layoffs have to happen because we pay more in salaries than we get in revenue. It’s not just Cigna, it’s all of them. I’m so sick of it.
The nurse positions aren't being sent overseas this time. AI has been developed and tested to do med reviews. Anything that can be is being automated. Go to Iris and search for the AI page. It details which projects are in testing and which are in production.
The different nursing departments are starting to get cuts without any notice
Are these under The Medicare side?
The different nursing departments are starting to get cuts without any notice.
They’re not manipulating market prices, they’re inflating earnings, because severance packages are paid for out of a different bucket than traditional salary. Note the language in severance documents as “plan” is actually; structured as any benefit “plan” for giggles let’s call it stop loss or re-insurance much like that we sell our customers. It’s all a freaking shell game; though sadly legal. And heads up - his salary plus bonus, stock etc is more like 70+ million a year. He gives exactly zero craps about those of us who make him that money. I’m sorry you were let go and I hope you find something better where you are valued.
Came to know from Town hall. Bonus will be given fully for 2023 if you survive. (at the expense of those who laid off).
Cordani has absolutely no integrity, his loyalty is to his own image and earnings. We are a FOR PROFIT health insurance company. His goal is to provide the cheapest amount of care and services tor our members for the most amount of money. If that means laying off employees to pad up profits, so bit it. Long-term this will have negative consequences as people who are let go or leave, take important knowledge with them that might be apparent until it's too late. Don't be surprised in a few months or years we start to fail audits or fall behind in metrics.
I am sorry you were let go I am dreading everyday I work. And you are so right about the audits!! What area were you in? I didn’t hear about any this week.
in reply to the whistle blower: I think because they're not directly manipulating market prices, they're just making numbers look better by laying us hard workers off. The less money spent on workers the "more" money they'll have on the books. Thats probably why q3 numbers came in good. #FireCordani
This also feels like artificial financial manipulation.
https://www.sec.gov › whistleblower
Office of the Whistleblower - SEC
It’s a violation of federal securities law to manipulate market prices. How can this be legal? #FireCordani