Thread regarding Molina Healthcare Inc. layoffs

I heard we are gonna be all out by June,so be it, but don't treat us like we are trash

This is ridiculous on Thursday i was taking calls when I saw a bunch of people standing ,and over heard management picking people off their seats like you , you and you come here now stuck like 10 people in a room including sups and never saw them come back to their desks, they didn't even let people get their stuff . There like we will ship it to you like what if I had my purse and phone back there like I don't think so !!!.. Just crazy sh-- ever since JZ came to talk like all we are doing good and all that and that we still gonna be around he just finished spreading the black plague and that 3 months severance package is joke should be 6 months for the stuff we have to deal with talk about real stress in unbalance place to work always stepping on your heals!!!. so I heard we are gonna be all out by June then so be it but don't treat us like we are trash.

Sadly, this is all very true. Reposted from @XXohgnJ-3tte .

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| 2163 views | | 6 replies (last March 11, 2019) | Reply
Post ID: @OP+Y0zv7Rf

6 replies (most recent on top)

It was weird last week. They were calling people out- you!!!! Come here now, no don’t grab your stuff- just come in here now. Couldn’t believe it- the way they did. Almost like working in a Cathy Lee sweatshop. I felt like a prisoner- wait, I was working for Molina- I WAS a prisoner!!!

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Post ID: @1rxb+Y0zv7Rf

At least until we enter D-SNP in Ohio.

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Post ID: @1aru+Y0zv7Rf

Jesus Christ...are u that f---ing dense? I dont know y dipshits like u make me do this but here goes. Enjoy:

17 CFR 240.14a-9 is known under "False or Misleading Statements"

(a) No solicitation subject to this regulation shall be made by means of any proxy statement, form of proxy, notice of meeting or other communication, written or ORAL, containing any statement which, at the time and in the light of the circumstances under which it is made, is false or misleading with respect to any material fact, or WHICH OMITS TO STATE ANY MATERIAL FACT NECESSARY IN ORDER TO MAKE THE STATEMENTS THEREIN NOT FALSE OR MISLEADING OR NECESSARY TO CORRECT ANY STATEMENT IN ANY EARLIER COMMUNICATION (hmmm communication?? Oh thats right the earnings call) with respect to thesolicitation of a proxy for the same meeting or subject matter which has become false or misleading.

Side note 14a-9 is also known under the Securities Exchange Act if 1934.

Why the hell do u think he mentioned member services and others who were not yet let go or notified of? To make sure he didnt do what? Hint: the first word sounds like False or misleading statements...Check out Wells Fargo and the class action suit against them for lying about financial performance and future "profits" - filed last year. As well JZ cannot due anything he wants with his stock. Do u really think Form 3's and Form 4's are filed with the SEC bc ppl are bored and are wondering what JZ must be up to with his shares or anyone at that who owns more than 10%...but what would I know about stocks and dealings in the law LMAO?? They donit bc whether he owns 99% and I own 1 share I am still an investor in the company and he cannot lie about expansion into territories to "inflate" the price so he gets wealthier. Think about it why in the hell would you lie to your investors then can a sh-- ton of people? Who the hell would do that - wells fargo thats who - its like "Hi can I attract as much media attention to myself who can ultimately help tje SEC focus on the recent Earnings call" Even if he is a liar he sure as hell isnt going to lie then fire a sh-- load of ppl. U think some of those ppl didnt make some calls to the SEC to seek retribution in hopes he was lying? You dont find it slightly odd that two weeks after Project Nickel investors filed a huge suit against Molina?

I dont like ppl being let go any more than any other person, past and present employees included. But cmon, he is smarter than that.

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Post ID: @1ydc+Y0zv7Rf

Hey Mr thinks he knows everything about stock. JZ can do anything he wants with Molina. He just cannot announce it before hand so the stockholders jump ship.

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Post ID: @1bob+Y0zv7Rf

JZ and his cohorts are smart. This is all business. Have you all read their previous work histories. This is what they do. They are not in it for the long haul. Make money and get out......

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Post ID: @kge+Y0zv7Rf

I agree that the tactics are cold but there is no way we will all be out come June. Heres the hole in that theory - listen to earnings call last quarter. That call has some of the biggest investment firms in the world on it. "Misleading the share holders" is the term or better known as "fraud". A company cannot tell shareholders " oh were expaning in Ohio, Michigan... come 2019 and 2020". Molina has so many new initiatives being launched in different plans that it is ridiculous. You don't lie to firms like Goldman Sachs, T rowe Price, etc. These firms can and would bury Molina if you waste millions of their dollars - even Molina knows that. Goldman has single investments in one company worth three Molina healthcares. Thats what I am saying - you have to understand that Molina has a promise to deliver to these investors. When it comes to the millions and millions invested u start approaching the criminal charges realm. Again, yes I agree the tactics may be cold to the frontline teams but I dont think JZ is stupid in that realm. Plus, most healthcare companies like the Molina, Centene, Caresources of the country - Trump is just looking for one single reason to smash one of these companies that appeal to the less fortunate.

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Post ID: @ycq+Y0zv7Rf

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