Thread regarding Cigna layoffs

David Cordani made almost $21 million in 2022. With just one year’s pay he could have bought the biggest skyscraper in St. Louis and still had $17 million left over.

So, wait...Cigna is trying to maintain a financial benefit on the backs of its employees. We incur all the costs and the corporation enjoys all the benefit.

They can't even bother to provide coffee in my building! No wonder folks are ticked off

Wow…I didn’t know that about the tax cuts.

Imteredasting

Don’t forget that the state of CT gives Cigna massive tax benefits for Cigna having its headquarters here. The governor of CT went on a dog and pony show in 2022 and basically said that tax benefits are not worth extending if workers aren’t in CT to pay CT state income tax. CT lets Cigna pay very little in taxes because thousands of “CT” employees pay CT income tax. Except when they work from home. That is why the more than half mandate is in place, because that lets Cigna classify workers as CT workers and then report income to CT.

Real estate is a big chunk, but so is tax incentives. And let’s not forget that a lot of upper managers like to have control and didn’t like people at home where they were harder to control.