Thread regarding Elevance Health (Anthem) layoffs

Gail’s strategy: if it moves, fire it!

Gail’s “leadership” navigated Elevance straight into a decline in Medicaid enrollment, missed earnings targets, and a drop in Medicare Advantage star ratings.

Her “solution”? Punish the heart of this company with hiring freezes, layoffs, outsourced jobs, slashed bonuses, and overworked employees—crushing morale in the process. Genius move—because nothing says “leadership” like gutting and abusing the very people who keep this place running.

Gail’s strong industry track record gives her a bit of cushion, but if she can’t stabilize operations and fix the financial mess by mid to late 2025, the board will have no choice but to reassess her leadership. Shareholders may force their hand, but associates gave up on her long ago—she’s been draining the soul of this company for years and deserves the boot today.

We see the stock plummet, ratings drop, projects defunded, and bonuses cut—but somehow Gail’s $22 million salary found that wooden door off the Titanic and floated safely to shore. Who in the world needs that much money? For context, the President of the United States earns just 1.87% of that—and they’re responsible for an entire nation.

Garbage in, garbage out, Gail. Let that sink in. Be better.

by
| 1281 views | | 12 replies (last November 15, 2024) | Reply
Post ID: @OP+1vevvpAO

12 replies (most recent on top)

“Gail needs to GO!!!!! She is ruining this company”
Nah.
Gail needs to GO!!!!! She has ruined this company.
There, fixed it for you.

by
| | Reply
Post ID: @hxbg+1vevvpAO

Gail needs to GO!!!!! She is ruining this company

by
| | Reply
Post ID: @gusb+1vevvpAO

To the person who started, "OP you need to pull your head out of your but." You are an ignoramus if you think Gail is blameless for all this! Either you haven't been here long enough BG (Before Gail), or you have been wearing blinders! She almost destroyed United Healthcare before Anthem, and she's doing the same thing now.

by
| | Reply
Post ID: @2zoh+1vevvpAO

Why is Felicia here? We've reshuffled and fired so many gb leaders. Completely rearranged gbd and renamed it multiple times. Yet still problems with stars, hedis, caphs, enrollments....it's like they aren't targeting the right people. I wonder why.

by
| | Reply
Post ID: @2efq+1vevvpAO

If it’s in the states then let’s offshore to the Philippines for cost savings yay! And sc--w our employees

by
| | Reply
Post ID: @2jmu+1vevvpAO

Gail grew the stock. It was 300 when she started and dropped during covid. What we've had since covid are people like the CAO and Chief Strategy Offender. The downward spiral started then. 2021 and later have been awful here. And every year worse. Same people at the top, same problem at the top.

by
| | Reply
Post ID: @2jbi+1vevvpAO

The issues with the goverment business were seen years back, no suprise. Gail and team should have positioned the company. It seems they are hyper focused on the dividend and stock price than the long-term. That's what leadership is all about.

by
| | Reply
Post ID: @1idv+1vevvpAO

OP you need to pull your head out of your but. You should understand the problems we are having so are ALL health care payers in the government space. Gail can't be blamed for them now can they..

She definitely is a poor leader, but at least be accurate..

by
| | Reply
Post ID: @1yvi+1vevvpAO

I have been contemplating the people from South Africa who have come to this country to loot and pillage exactly like they did in their own country before it became illegal. Give it a think. I know a few names will come to you.

by
| | Reply
Post ID: @1mei+1vevvpAO

Presidents make insane amounts with book deals and speaking engagements.

by
| | Reply
Post ID: @1vjz+1vevvpAO

Yes!! Yes!!! 👏

by
| | Reply
Post ID: @exe+1vevvpAO

I don’t know why, but this made me laugh like he-l

by
| | Reply
Post ID: @lkk+1vevvpAO

Post a reply

: