How long did it take for layoffs to start after you were acquired by Optum?
What areas & roles were impacted?
How many people were laid off?
Were there any signs that layoffs were coming?
Did you get a severance package?
5 replies (most recent on top)
UHG as a whole including Optum does layoff EVERY quarter! Next layoff coming have happened this week and will roll into the second week of March
Lay-offs after acquisitions, if going to happen, usually take place 12+ months after. Also consider if there are like-roles on business segment the acquired business is being assigned to or merged with. If both companies have a big team that audits RN's, the audit team will likely be slimmed down. To be honest Optum employees can probably can see the writing on the wall if they've been through it. But just because a company is acquired it doesn't mean there will be lay off. I was part of an acquisition in the past where there were zero layoffs even 3 years out.
Layoffs and hiring freezes are a part of Optum’s standard operating procedures. It’s always happening, across the board, regardless of whether or not you are a part of an M&A.
Well after the Prospero/Landmark acquisition about 12 to 15 mths. First sign right away hiring freeze.
Took about a year before we started seeing positions being eliminated. Signs that layoff was coming- hiring freeze, budget cuts and being asked for specific documents pertinent to your role. I would highly recommend having an attorney review the severance agreement, it is a binding contract!!!!! Most people will have no choice but to sign. This is a very unethical company!!!!!