Thread regarding Optum layoffs

This company and its executives are embarrassments.

They are taken and pay ransom, multiple rounds of layoffs, mediocre (at best) middle managers, high pay for the uppers, low pay for the rest. The executive team should be embarrassed.

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| 2491 views | | 9 replies (last April 19, 2024) | Reply
Post ID: @OP+1s6Nimds

9 replies (most recent on top)

my team has just been GUTTED. we had layoffs in October, layoffs again in February, and now layoffs in April. someone asked me how I was feeling. I said I feel like I'm being stalked. ...like in those psychological thrillers where you just know they're coming for you. that's how I feel 40 hours a week. revenue is up. we're breaking records. and my immediate leadership team forewent bonuses so we peons could get a pittance. I've worked for UHG for 12 years but this is just so far over the line, I feel nauseated every time I come to work. I know it's a for-profit company. I get it. but who deserves to be treated like this?

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Post ID: @1cty+1s6Nimds

Witty announced all theses positives then layoffs same week.

Unionize and write shows like John Oliver optum needs media attention

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Post ID: @1uni+1s6Nimds

Virtual care. All physicians and other clinicians. 200 +

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Post ID: @hxw+1s6Nimds

200+ of what department(s)?

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Post ID: @thm+1s6Nimds

200+ laid off in <5 minutes. Pretty good metrics for management id think.

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Post ID: @dkf+1s6Nimds

Man sc--w their leadership. Desai. Ranjit singh (looks like an alopecia looking fester). And all the unethical leadership. Nate cumsock and jenn phalen. There's a special place for all of you.

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Post ID: @ddv+1s6Nimds

They are clowns. 🤡 Hey - we gave you sh-t bonuses but you get to work from home (until we do another round of layoffs because we can’t effectively manage our business).

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Post ID: @yty+1s6Nimds

They are not embarrassed in the least. Actually, they are probably quite proud of themselves. The C-suite lacks any ethics, scruples or conscience. Their moral compass is completely broken if they ever had one. They go into an earnings meeting crowing about profits and into an internal meeting stating hey don't worry about the Change hack it is a small part of our business and yet several days later gut peoples lives and lay them off. Why? Because they are doing so well financially? Or because they are focused on next quarters earning which is tied to their compensation?

What is their business model? They take in money for people to get healthcare and in turn deny benefits and payment to providers for profit. They are a M&A company. Buy the assest, gut it and close the competition. Whatever carnage they leave in their wake so be it. That is how they achieve the insane stock EPS and their obscene compensation and stock options. 1-2% raises for the poor peasants means more money for them. I have no doubt they sleep quite well at night.

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Post ID: @jzf+1s6Nimds

It’s really a quite pathetic place.

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Post ID: @egy+1s6Nimds

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