This company has been circling the drain for years.. expanded too rapidly over the past 5 years without a plan in place to shore up capabilities across all departments, ensure solid procedures were in place and following the mission.. how can anyone really feel shocked about the way thIngs have gone? Can anyone truly say that they had confidence in the direction the company was going with such obvious lack of support, values and adherence to a set of guidelines designed to guarantee a future? Molina has lost hundreds of millions of dollars, has no sense of itself and is left trying to fire it's way to profitability.. this is not how you turn a company around, this is how you shed weight to make yourself look more attractive to other, more solid and financially capable companies in the same business that will buy you up for a bargain to take over your state contracts where they dont have a predence meanwhile making execs and shareholders money to cash out. There never was a One Molina. There never was any hope. Crying about losing your job is like whining for the broke down car that you bought even though the reliability ratings were lousy and there was no evidence it would ever last.. too much time being complacent expecting that nothing could ever change despite everything you knew, but didn't want to admit.. this will always be the case in life when you rely on someone else to feed you.
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This is the most truthful thing that has been posted. Never rely on someone else to take care of you, always take care of yourself first and foremost. If you worked here for 10+ years, good for you -- but now it's time to go out and find another great opportunity. Every minute spent crying over it is another minute you could be using toward making your own destiny bigger and better than it was before.
This is how things works. I agree. Molina is at this point trying to not go bankrupt. We can't lose a quarter bullion dollars a quarter for very long. They are just trying to slow operational burn enough to where they can be bought out for the contracts.
You nailed it, OP