Does anyone know if Cigna is offering voluntary buyouts? Unlike past years with layoffs I'm not hearing any talk of this.
Has anyone here known of anyone who has approached their management offering themselves as a voluntary buyout candidate? If so, was their leadership receptive to the idea?
“By definition the main goal of executives is to make money for shareholders.”
Then they should all be fired and replaced if they cannot grow and manage the books well. The staff is doing a good job. It’s the leaders that are failing
I know of many employees being put on a PIP recently. The overall reasons for them being put on one are pretty vague, and no solutions have been offered on how they can improve. It feels like the first domino in a series that will ultimately lead to them all falling. Putting someone on a pip just allows them to say “I told you this could happen if you didn’t improve “ when they let you go… my opinion: if people were as awful as they imply, they would just fired them; in reality they hold onto them until they are no longer needed or the budget doesn’t allow
“ When do executives stop acting like human beings and make their only purpose to cut costs no matter what the impacts are?”
By definition, the main goal of corporate executives is to make money for shareholders.
Leadership doesn’t find joy in cutting jobs, but sometimes this is a necessity.
I bet my bosses would find a creative way to put me on a PIP and then fire me because they are so cheap! When do executives stop acting like human beings and make their only purpose to cut costs no matter what the impacts are? I want to leave but I will not give them that information.
I talked to my direct manager about this too. Didn't sound encouraging but not impossible either. Volunteering in writing is probably a good idea but I'm sure the ultimate decision of who to dismiss comes down to a lot more factors than whether we want it or not.
I asked to be on the list, talked about my reasons why I was unhappy, and they obliged. I think ultimately it was up to my direct manager. We have a good relationship, and was just more of a “hey, this isn’t for me right now and I need some time”.
I think it depends on your relationship with management. I asked multiple times to be on the list. Have a friend in HR who said to make sure to put it in writing. So I did, in an email to my boss and both levels above. My understanding is that IF the managers are asked for names, it’s entirely up to them. I’ll update this if it worked.
I asked about this today and they played stupid. It was later followed up with belittling comments about their concern that I won’t
Be able to do my job well if my mindset is where it appears to be [for me to ask about buyouts].
I'm considering this, but I'm also afraid it may put a target on me. Like they'll look for reasons to fire me on their terms without paying severance if i let them know I want to jump ship ASAP.
That would mean they would have to TALK to you. Easier for them to whack 10% of your department than consider offers.
Yes! There was a manager in our area that asked to be placed on the list. That request was granted an they were notified on 01/18 of approval.