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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I agree, completely with this original post. Pay attention, folks. There is plenty of information available to the public, to spell out what is happening here. Molina isn't adjusting to become more profitable for the long haul. Molina is making itself sellable. It's not a puzzle. I worked at Molina for many years. I have watched this happen. When it went public, changes began. When The Molina's were ousted, it was clear what was to come. The two things The Molinas would never have agreed to....layoffs and a sale. While Molina was a family owned and operated company, born of the passion of one man and carried out by his family....it is a company, not a family. Companies do not always last forever, sadly. Molina will be sold and the path between now and that sale will not be pleasant to be part of. My heart broke the day the Molina's were asked to go....but I knew what it meant. So should everyone else who worked/works there. This is NOT a surprise. If you are surprised, you aren't paying attention. Take your talent and your experience and move on. If you stay...don't pretend you didn't know what was coming. Good luck to all!
I agree! I was one of the many affected!
I completely agree with OP. Top down management failure since day 1. The Molina's may have been better suited for the exam room rather than the boardroom.. how no one stepped in years before is amazing. Surely the financials were bring ignored..
As OP, I can say that I don't have a dog in this fight. I don't work for Molina, but know many people who do, did at one time and some that were affected by the layoffs.. that said, I think it's important to take things in perspective. You can't depend on someone else to carry you your entire life and failure to prepare for this eventuality after having seen the writing on the wall for months if not years is no excuse to be all enranged at a company that has done nothing but let its employees down again and again over a very long time.. there are still many inept managers and department heads that remain with the company after these layoffs and it is further proof that everyone with even an ounce of self preservation needs to plan now and be ready for a hasty exit.
Just because you still have a job OP? The way I see it is to also never take ones private company public. Some peoples lives will be changed by this. This is not the time to be telling people to "learn a lesson". You should go to the Molina building and tell that to the people who got laid off in person, see if you're as brave then.
Amen to that!