Get ready. Gearing up for yet another round of layoffs in Q1 2024. Sr Mgt confirmed 1/17/24; a Manager I was to be offered a role with had to pull a requisition back due to layoff advisement at senior levels of their area. This is to be company wide. Layoffs every quarter consistently it feels like. UHC / Optum has been able to skirt the WARN act law, because it's state based not company based. So the mass layoffs of 22-25% of the company have to be by state to be out of compliance. Because they're not by state, UHC gets away with it. (That is directly from Department of Labor.) Additionally - watch out for mass hiring events to be conducted afterwards, just like they did in late Q3/early Q4 2023. 3 Remote hiring events and Job Fairs were published on job search platforms, and sent out to many job seekers via email. Literally a punch in the face.
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Re: the 70% poster -
Yes, I fully expect that this news will eventually make its way through to all areas. I'm not sure how or when, but it will. Our area has a call this week from a director we rarely hear from in the first person, 3 days before we have an area town hall. This is really crazy and scary. It feels like Witty is trying to ki-l off the company.
Our team was in a meeting this week and informed that nearly 70% will be impacted by reductions due to the work being sent offshore. I have been here for 20 years and never felt like such a dollar rather than a human. The impact for this decision will come to bite the department and I guarantee uproaring from massive loading errors will eventually bring the work back to the US. I am in data operations and also have heard other teams had a similar call from their leaders.