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. 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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Confirmed in Rx. Jan business plans, Feb notifications, Mar terms.
It's 100% guaranteed. Just a matter of which week. Reduced budget is already in force.
No one knows a damn thing here. The sky has been falling for how long now?
It’s coming