Thread regarding Elevance Health (Anthem) layoffs

LayOff’s and offshoring

I hope trump administration comes in and gives higher ups a kick on there but to stop offshoring and bring back jobs to US.

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| 1411 views | | 11 replies (last December 6, 2024) | Reply
Post ID: @OP+1vMED0zB

11 replies (most recent on top)

It’s cheaper to employ people in India, Bangladesh, and the Philippines. Less money spent on payroll = higher profit = happier stakeholders. Trump doesn’t care about American workers he care about s-x and money. He will allow Anthem (and other large corps) to force you to work extra without OT. He will allow them to outsource if it means higher stock payouts. And he will breakdown unions. Wake up!

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Post ID: @4mwp+1vMED0zB

His idea for bringing work back to the US is tariffs. That won’t help any service industry.

Not that tariffs will help any industry, at least according to 16 Novel prizewinning economists. But hey, we all get to enjoy a 25% increase on prices on goods imported from Mexico. Did you know that over 80% of beer in the US is imported from Mexico?

Anyway, Trump never once mentioned anything about returning workers onshore. So good luck with that dream.

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Post ID: @2vbq+1vMED0zB

The economic contributions of H-1B workers in particular may increase the employment opportunities available to native-born workers in the United States. That is why unemployment rates are relatively low in occupations that employ large numbers of H-1B workers. Many occupations for which H-1Bs are routinely requested are found within the broader category of Professional and Related Occupations. Low unemployment rates in these occupations from 2004 through 2023 (even during the COVID-19 pandemic) indicate that demand for labor exceeded the supply (see Figure 2).

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Post ID: @1ssi+1vMED0zB

You’re drinking too much of that orange Kool-Aid if you think Trump gives a rat’s behind about the work being sent to CGS. He’s focused on manufacturing and high tech, not the service industry which are the ELV jobs going offshore.

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Post ID: @1aes+1vMED0zB

lol why on earth would he do that when he plans on dismantling the ACA, and making cuts to Medicaid/Medicare.

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Post ID: @zgf+1vMED0zB

*their

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Post ID: @djc+1vMED0zB

heavy outsourcing these few years, what do we do? Where do I find work?

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Post ID: @nok+1vMED0zB

His own products and merch are made offshore. His policies prioritize making money for executives, and he's anti-regulation. So, keep dreaming.

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Post ID: @lzi+1vMED0zB

2018 was much better than 2024

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Post ID: @rrg+1vMED0zB

Oh yes. The corporate supporting billionaire is going to save us. Funny.

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Post ID: @cnu+1vMED0zB

LOL you think D.J.T gives a flying tomato about Elevance Health (or any of us)??!

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Post ID: @gxb+1vMED0zB

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