Thread regarding Anthem Inc. layoffs

Where Did the 8/8 RIF Rumors Originate?

Discovered this website yesterday while doing some digging on Google because with all these seemingly sudden re-orgs, I knew something was coming. I was floored to see that this website exists and that there’s active discourse about everything happening behind the scenes. I’ve heard buzz about layoffs coming next quarter but had no idea that there were actual dates lined up. Where did this info come from?

Wishing everyone best of luck. My team is already seeing switch-ups on even the more microscopic level so I’m holding steady and trying to keep some sanity about what’s next.

Wishing everyone the best of luck and hope you’ll do the same for me.

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| 4561 views | | 22 replies (last August 8, 2024) | Reply
Post ID: @OP+1tsSeOC9

22 replies (most recent on top)

Yes. Received an invite for a Teams Mtg from manager. At least it will be over one way or another very soon and I won’t be waiting all day and worrying :(

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Post ID: @sqyl+1tsSeOC9

Today is the big day. Anyone have a meeting invite yet for this? I’m patiently waiting on them to send me packing after almost 20 years.

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Post ID: @ssyc+1tsSeOC9

I'm a manager and the decisions were made without any of my input. Then we were told we had to take ownership of the decisions when having conversations with the employees affected by riff and our team. This company continues to go to he-l and only focuses on product over people. This is a record breaking year in profit and yet our fearless leader cuts people with no rhyme or reason and forces people to go to an office just for the sole reason she told us to.

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Post ID: @rizx+1tsSeOC9

@qsjm+1tsSeOC9 you were let go this week? so sorry!

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Post ID: @qhqq+1tsSeOC9

I heard 10% in our org.
I was informed of myself having this happen to me this week. 10+ years busting my a-s and poof, gone because the staff vp doesn’t like me. I wish everyone the best of luck, but maybe for the best.

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Post ID: @qsjm+1tsSeOC9

Great to see Jimmy Clark on the Elevance Health Town Hall taking credit for the work completed by Alex Spear's team on automating pricing! Typical of Jimmy, but maybe this time he will get caught in his tangle of lies. The automation was Alex's idea, and her team partnered with IT and others to make it happen. Jimmy is obviously not close to it.... as he said 90% automation is in place, but only Phase 1 has been rolled out and they are not even close to 90%. This is the same guy who pushed through a defect filled launch of SPS - welcome to the Elevance Health world - where lies get you promoted.

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Post ID: @6bik+1tsSeOC9

There are a minimum of 3 RIFs within EH Provider Operations remaining in 2024. Most departments will be impacted by one RIF, but some may be impacted by 2. Provider Operations/Provider Contracting is close to 50M over budget. Budget numbers were promised by leadership over a year ago and are not directly related to Elevance Profit, they were related to promised automation, discarded processes and off-shoring. The RIFs percentage of workforce reduction will vary between 10-24% over the rest of the year, across Provider Operations/Contracting depending on what percentage has already been reduced within your department and what reduction was originally promised by leadership. Unfortunately the new automation and off-shoring has many defects and other new automation is being pushed through with very little due diligence and may be even worse. Provider Operations mid-level leadership and senior leadership exaggerate accomplishments. For example "90% of this, 85% of that... fully automated." We aren't even close to 90% and the defect rate is high - but the most senior leadership does not do their due diligence to ensure the reports they receive are correct. The error fall out is extreme. My area, contracting, is feeling the fallout. We are forced to use tools that we had little to no input on, that cause provider abrasion and are full of defects. But hey - things are automated. Our providers can't be loaded or paid - but hey, we are automated. Senior leadership needs to wake up.

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Post ID: @6jdi+1tsSeOC9

@4xrk+1tsSeOC9

Depending on your severance package there will typically be a non-disparagement clause. That is why they are giving the severance. Not to be kind but to shut you up. If you don't sign then no severance.

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Post ID: @4dun+1tsSeOC9

@3hwh+1tsSeOC9 I was RIFed 2 months ago. I did not have to sign a NDA.
I think this was the case in the past though.

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Post ID: @4khw+1tsSeOC9

“ When you are RIF'd are you required to sign a NDA? If yes, does it have to be signed in front of a notary public?”
And if you don’t sign it (if required), what are they going to do, fire you?
I can’t wait until 8/9 so I at least know which way the chips will fall.

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Post ID: @4xrk+1tsSeOC9

When you are RIF'd are you required to sign a NDA? If yes, does it have to be signed in front of a notary public?

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Post ID: @3hwh+1tsSeOC9

People leaders often post here, which is how we end up with dates and some specifics.

Although many don't realize it, managers are usually no happier about these RIFs than anyone else is, and they often value everyone on their teams and don't want to cut anyone but are forced to, so some of them anonymously chime in here.

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Post ID: @2edp+1tsSeOC9

"Nope, it’s only about 2% to 4%."

  • Demonstrably false.

Last October was in that range. This RIF is much larger and it is not a cost savings measure. It is a headcount reduction. If they wanted to save on costs, they would have let us get rid of a bunch of Deloitte resources that make $250/hr. We tried that and were told "give us names."

You will see this in September.

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Post ID: @uap+1tsSeOC9

The 12% has been regularly communicated as enterprise-wide by many on here. Some have reported 20% and some reported less. It’s an average…

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Post ID: @mha+1tsSeOC9

I'm really thankful to those who are sharing information about RIF dates and general updates. Many of us don't have direct access to this information, so this site helps us stay informed and avoid surprises. I appreciate everyone who contributes by sharing and commenting.
While nobody wants to face a RIF, having these tentative dates and this support group is truly invaluable. Wishing everyone the best, and a big thank you to any HR or management professionals for keeping us informed.

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Post ID: @mxv+1tsSeOC9

Someone in the know....Please advise if closer to 4% or 12%. This is a huge difference!!!

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Post ID: @voh+1tsSeOC9

Layoffs regularly since 2007, always the Thursday between paydays.

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Post ID: @vpk+1tsSeOC9

@ago by dates longer than 2023. Truly since Gail joined in 2017 it has been a regular thing.

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Post ID: @dfh+1tsSeOC9

It was leaked by management I think to encourage voluntary attrition.

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Post ID: @rlj+1tsSeOC9

The information comes from insiders who have some line of sight into the leadership plans. RIFs on 8/8 are happening. Keep in mind the number of RIFs quoted here are usually exaggerated. A previous poster said 12% of FTEs. Nope, it’s only about 2% to 4%. Obviously, it’s not going to be consistent across areas and teams. Some will be hit hard and some will only be mildly impacted. Some areas may have enough unfilled roles that will be closed to satisfy budget cut demands.

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Post ID: @lss+1tsSeOC9

Not a rumor, it is a fact. I had to submit names and our department is losing 18% of our FTE's in this RIF.

The company-wide target is a 12% headcount reduction. Elevance Health will be a different place in September of 2024. A lot of people are being let go.

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Post ID: @iye+1tsSeOC9

HR leaking it on here. Managers confirming they were asked to submit names. Don't you wish you didn't find this site? Layoffs have been happening since regularly since September of 2023. Most dates reported on here have ended up being accurate.

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Post ID: @lmj+1tsSeOC9

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