Thread regarding Cigna layoffs

What’s next to come ?

Wondering where this stops . Money needs to be saved from every corner . Not now but 5 years down the line , where do you think all the set of current directors and managers will be ? With HIH plus AI , where are we heading ?
How are we doing overall as healthcare industry? What threats are looming ? What opportunities we might see ?
Honestly , tools are gonna make tech too easy. We wouldn’t need half of the people we have today . Am I the only one seeing this ?

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| 1611 views | | 9 replies (last June 20, 2024) | Reply
Post ID: @OP+1t7fBOWO

9 replies (most recent on top)

“I will ask how ever the f*** many questions I want.
That’s what this is.
Who are you anyways?”

I read this in the Joe Pesci/Goodfellas voice and it made my day.

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Post ID: @gqf+1t7fBOWO

I will ask how ever the f*** many questions I want.

That’s what this is.
Who are you anyways?

  • to the person who asked if this was 20 questions. Are you HR?
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Post ID: @ztf+1t7fBOWO

"What is this, a game of 20 questions? Chill"

Chill? Are you high? This is a platform to vent and discuss in a safe space. Take your chill and shove it up you pie hole!

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Post ID: @aju+1t7fBOWO

What is this, a game of 20 questions? Chill

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Post ID: @jqg+1t7fBOWO

I can comment on the AI part of this since I work in it for Cigna. It's still decades and decades away and much much much more investment from Cigna, like, actual Google money times 10. On the staffing end, I strongly suspect after layoff period is over that many of the leaders at the top will cash out and ultimately let this thing to rot if they so desire. Cigna can salvage this with reversing the past couple of years but it will require new leaders to go back on that. I am not optimistic that it will be happening soon but will eventually when things are falling apart.

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Post ID: @xuh+1t7fBOWO

But, what if I'm over 45 but make less than most 20 year olds in my field because I work at Cigna and have avoided FAANG recruiters due to not wanting to deal with stress? I'm safe, right? (ki-l me now)

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Post ID: @cqb+1t7fBOWO

It is going the same way all other American “too big to fail” companies are going. Banks…manufacturing…

Jobs going overseas to avoid paying US taxes, even if that means lower quality and “protected” data being in the hands of workers in third world countries with lax laws and fragile infrastructure.

Cigna, like UGH, no longer wants to be in the insurance business. They are buying doctors, facilities, and seeking to control prescriptions.

Anyone over the age of 45 should be very concerned. They want you out because they don’t want to pay your high salary and anticipated medical costs.

The appointment of an HR head with a law degree is telling.

I understand that the severance package is generous and hope that those who have been loyal to Cigna are able to benefit and have some financial security while they find their next career move.

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Post ID: @vhg+1t7fBOWO

Where is this going? The same place it has been for decades…money getting funneled into the wealthy’s pockets. Cigna is too big to fail so ELT can mismanage this place into the ground and collect millions along the way. Do you think the government will let us go out of business if it means suddenly 30% of the country would have no health insurance? AI isn’t advanced enough to take too many jobs yet, plus it will require a whole page group of IT to keep it running. Cigna’s current tech is breaking all over the place because there isn’t enough staff to keep it running. But that doesn’t matter. Just gotta keep squeezing profits even if it means policy holders die from denied claims.

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Post ID: @tbt+1t7fBOWO

You are not alone. I guess we have a lot of old systems and most of the jobs required supporting them. The systems we migrate to aren’t always the best either so we look for the third option. So may be that’s what keeps the jobs going .

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Post ID: @fym+1t7fBOWO

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