Hi all, My name is Rebecca Pifer and I'm a reporter with Healthcare Dive covering the health insurance industry. I've covered Elevance's ongoing layoffs (https://www.healthcaredive.com/news/elevance-health-lays-off-more-employees/707250/) and would like to learn about the 8/8 RIF. If you've been affected or have information about the number of employees let go, their departments or any other pertinent info, please email me at rpifer@industrydive.com. I can keep you anonymous. Thanks!
22 replies (most recent on top)
ywy+1tU0pc88 THANK YOU for your ethics and moral compass! I’m sorry you were riffed, but you can hold your head high. From the little I know of investor relations , What you describe is I believe illegal, never mind immoral behavior.
Rebecca, can you post the name of an investigative reporter?
By the time the story is written about this RIF, we will have had two more.
This is the 3rd RIF in less than a year. The first one was in Oct. 2022. The second was in February, and this August is the third one.
As someone who was RIF’ed, I can confirm all these statements are accurate! I was let go by an a HR person I’d never heard of. My manager signed on briefly and then signed off. I was told to take the day (a Thursday) and the following day, and then return the next week. I was told not to tell anyone at the company.
My last day was about a month after that. This was the absolute worst company I ever worked for - with a gaslighting and phony culture.
@3koh, I’m floored that we’d be OK with reporting picking and choosing metrics to make results better than they are. I work closely with various sales teams that bring these data to the clients. Cherry picking is one thing (bad enough), but flat out reporting tweaked data is another. No wonder we lost CALPERs and a few Medicaid plans. My head must be too deep in the sand. I never realized it’s this bad. I didn’t get caught in this RIF, but I’ve got my resume tuned up and might get it out there before the next round hits.
@3koh+1tU0pc88, yes!
And don't get me starting on the reporting. Our reporting team is instructed to manipulate the reports by pulling the data they need to make us look good to our clients, and leave out anything that will cause us to miss a goal. I've even seen the frontline have to adapt to a whole new process just so the reports can be manipulated in our favor. It's sickening.
@3qzo+1tU0pc88
Ding, ding, ding! Winner winner, chicken dinner.
The corruption runs deep in the entire industry. It isn't just this company, it's all of the big ones. I've been in healthcare for 30 years and just like in any big corporation, and in politics, , the leadership is corrupt and decisions are made to line their pockets.
Rebecca. The story is about a company jeopardizing our healthcare system. There needs to be a closer look at the inner workings of this company. Layoffs are just the tip of the iceberg.
It is small amounts across the enterprise, so they can attempt to keep it under the radar. I wouldn’t be surprised if I end up in the next round bc my mgr hates me for calling out the bs and improper handling of all types of things. The company is nothing more than a huge mess of scams these days. The rebranding created 3 businesses under one umbrella, but for all the talk about collaboration and breaking down silos, it is worse than ever (even the fingers on the same hand don’t know what they’re doing). Claims have gotten ridiculous thanks to Carelon botching the transition of provider contracts on a massive scale. It’s resulted in NUMEROUS complaints to the various DOIs. MDs are not even reviewing medical cases properly and end up contradicting themselves on simple cr-p like the discharge date. Talk of promoting from within is bs, as they continue to post people in positions of authority that have no clue how the job is done and start telling their associates the wrong information as though it is accurate. That’s even with people from within the company which is ridiculous. If these employer groups really knew what was happening, especially the unions, bet they’d be surprised to find that they are paying 3 contracts for services (one does the medical reviews, one provides the provider network and claim processing, and the third is the benefit administrator) that are all provided by the same company, and the majority of their stuff is being handled overseas.
I was just let go in a group meeting. 2 people from my team and 3 people from another team.
Follow the money Rebbecca. Remember Enron!
Sounds like a skit in our ethics training, ending with some good old fashioned retaliation.
How about , how offshoring jobs to the philippines and India leave Americans without jobs
The company is hiding the RIF numbers because their financial situation is worse than what the leadership presents to Wall Street. For example a few months ago I was told to prepare 'blended' Cost of Care numbers as part of a larger presentation for an investors call. When I pushed back on the way the analysis was being handled - because it was misleading - the assignment was given someone else. I don't know if that contributed to my own RIF today but it sure didn't make me popular. As scared as I am about what comes next I'm relieved that I no longer have to participate in this farce. I would rather work for a company that where the leadership is honest and open.
They're instructed under threat of term to be heartless about it. They get "training" calls to prep them to show absolutely no remorse and to own it without even breathing it wasn't their decision.
It was 20%. She's on her way out, like a vulture picking at a carcass and flying off to the next body.
There's literally no way anyone here can tell you the total impact, because it's all kept under the radar. Only individual teams will know those hit and everyone else will be left to unanswered emails by "unavailable partners" and the rumor mill. I personally know of people impacted on my team, but only because I put it together, not because they told me or because an announcement has been sent, and if and when it is, it will only cover our department, which will be a fraction of the total.
Also, you're unlikely to get takers to talk to you, since severance depends on silence.
This company lays off nearly monthly, and it's virtually never reported. This one is big, so hit this site, but there's no one here who knows exactly how big it was, unless someone in HQ starts talking. But since leaders are at risk of immediate termination for even breathing layoff even now as we're being hit, they're unlikely to do so unless they're exactly mad enough, and even then they won't know the full scope.
Perhaps the story runs deeper then RIFs? Dig Rebbecca and you may find treasure. You may crack the biggest scandle in the industry ;)
It wasn’t “cashing out” her stock. It was a small part of her entire holdings. Was still $17M.
I was one of the many let go today. My "manager" just read from a script and was as heartless and unsympathetic as he could be. This company is a complete sh-thole and it all began with Gail B. She just cashed out her stock recently so what does that tell you??!!
Hi Rebecca, @wof is spot on. This company no longer does organizational announcements below the senior executive level. Scope and impact come in fragments from coworkers when they hear something. Transparency stopped When Gail took over. Often we will find out about impacted parties when coworkers disappear from the system, like a ghost. It just causes more anxiety and morale has been nonexistent for the last year, as our culture of the last 20 years was forcibly changed from one of WFH friendly, to a punitive monitoring system of forced office time for absolutely no reason, other than a CEO who hates WFH. Good luck on finding information.
Hi Rebecca, unfortunately we are all in the dark on what the overall impact is. There is no transparency in this company. No one is going to know the total number outside of those at the top. What I've heard is that it is "enterprise-wide" and is an overall headcount reduction. Many of the jobs being posted on the internal site are now in the Philippines and India.