Qtr3 financial report to include 5000 additional layoffs effective 1-1-25.. no sectors mentioned specifically, but not surprisingly likely Aetna Medicare, including clinical, service and other directly employed as CVS Health continues to move toward more heavily into contractor and off-shore based initiatives...
Numerous MA counties for 2025 have been pulled from availability...
To the below poster, you can’t outsource clinical jobs.
Aetna is getting outsource completely and sold off as a book of business, CVS Pharmacy is being gutted stores closing down the company is in the wind down to liquidation.
If your department was moved under another department..
If you have same level reporting to same level.... you're a director with a director under you and your salary is higher ....
If you're only doing one thing...that can be done cheaper...
If you've been here more than 10 years...
If there is no funding for your glamour project...
If what you're doing can be handled by a third party vendor or contract..
If your job can be outsourced...
You may want to see the writing on the wall...
This is standard in layoff culture..
Aetna centric layoffs.. December 15th is the estimated target notice date.. time enough to allow the blow back from the QTR3 financial results to cool a bit and for some time between the October 1 layoffs while David gets about 45 days in..
Rule 1: Blame everything on the CEO before me.
Rule 2: Don't change a thing.
Rule 3: Get paid.
Rule 4: Retire again.
All jobs to be sent to India if needed until AI takes over.
10 layoffs per department? Under what level of leadership?
right after the elections?
10 layoffs under Aetna or CVS?
there won't be anyone left to do the work if they cut 5k. We were slim before but now it's just ridiculously stupid.
There's trimming the fat in Medicare but I think it's a mistake to layoff the Negotiators. Karen's right hand lady has been working hard on Medicare contracting and trying to fix corrupted data that affects claims and network adequacy. It won't work though as long as Aetna keeps prolonging standardization of operations and their data.
Aetna has to remain competitive with the other MCOs. Right now they're leading fourth for MAPD. Aetna and Kaiser keep going back and forth dethroning each other.
It's gonna be announced when exactly?
10 layoffs in 2025?
I received notice of the same yesterday as part of our senior leadership call... we have been instructed to budget for about 10 layoffs...