Topics regarding layoffs at athenahealth Inc.

Topics regarding layoffs at athenahealth Inc.

More Layoffs!!!

The company is yet again undergoing reorganization / restructuring so guess what that means? More athenaHealth layoffs....A great deal of employees were laid off in October 2024 as the company continues to struggle with their finances.

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| 114 views | | no replies yet
Post ID: @OP+1vzbGldE

"Less than 3%" of workforce

I love how the company has phrased this - we are cutting "less than 3%" of the global workforce so that's really not that bad, right? In reality, close to 200 people are losing their jobs and their livelihoods. That's not nothing. That's 200 families... — read more 

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| 1250 views | | 1 reply (February 3, 2023)
Post ID: @OP+1l0Npbpm

Layoffs announced

Athenahealth, the Watertown-based health care software company, on Thursday became the latest technology company in the area to announce layoffs — as well as a potential shake-up in its longstanding office space. Chairman and CEO Bob Segert... — read more 

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| 1314 views | | 1 reply (February 2, 2023)
Post ID: @OP+1kZvoopw

Completely disorganized company

The majority of processes are begging to be streamlined, there are several levels of management that are completely unnecessary, and there is no clear long-term strategy. This has caused a drastic increase in attrition and considering that we're not... — read more 

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| 2080 views | | no replies yet
Post ID: @OP+1foHduqG

A lot of new job opening...

Not sure what to make of it... Major layoffs and sudden hiring spree. Any inside info?

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| 1690 views | | no replies yet
Post ID: @OP+1a4oyx7f

Layoffs are here

We knew athenahealth/Virence Health merger would bring layoffs and here we finally are. The management is saying that less than four percent of corporate employees have been let go, but that seems like a huge understatement compared to what we've... — read more 

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| 3941 views | | 2 replies (last September 15, 2019)
Post ID: @OP+YJwU4WK

AthenaHealth products will largely win out

Veritas just bought GE Healthcare's Value-Based Care division, which has the GE rev cycle, Ambulatory EMR, and workforce management products. Veritas has no need for two sets of products that do exactly the same thing, so can bet your job that there... — read more 

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| 2476 views | | 1 reply (March 27, 2021)
Post ID: @OP+W986DkY

Expect Major Cuts

Corporate raiders have arrived. Veritas Capital and Elliott Management agreed to buy Athenahealth for more than $5 billion, and that will trigger “cost saving” measures

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| 2722 views | | 3 replies (last November 15, 2018)
Post ID: @OP+W6HCeqd

Loss job

Because of Athena I had loss my job not once but twice. I been medical records person twice at 2 different places and when Athena came it decease my job duties. To where I had enough to do but look for another job. They tell people that you will... — read more 

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| 2281 views | | 2 replies (last September 15, 2019)
Post ID: @OP+TXEKN6x

A look into the future

I worked at two companies where Elliott came in. First they buy a lot of stock. Then they force layoffs to cut costs and improve earnings per share which they hope will increase the share price. Once the share price goes up enough they sell out and... — read more 

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| 3206 views | | 4 replies (last November 10, 2017)
Post ID: @OP+PVxE8Pj

Trail of Distruction

Just check out Elliott Management's record of forcing companies to do mass layoffs - they want to free up cash flows to pay themselves - check out layoff pages here on this website Cabela's, Citrix, Alcoa, Quest and others that Elliott is destroying... — read more 

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| 3680 views | | 2 replies (last September 15, 2019)
Post ID: @OP+PUR1W1J

All seemed to be fine, and then: LAYOFFS

Ii used to work at athenahealth, i am an engineer - worked there for about five years. the pay was good, the people are fairly smart and supportive. overall, the whole gig was a lovefest until layoffs started - we went through a couple of rounds of... — read more 

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| 3360 views | | 2 replies (last March 22, 2019)
Post ID: @OP+PTAwE5m

athenahealth layoffs 2018

Let's use this thread to consolidate info about 2018 layoffs at athenahealth - I am sure many will miss, but at least some rumors will likely turn out to be true.

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| 3295 views | | 2 replies (last October 24, 2017)
Post ID: @OP+PTiFTHN

Athenahealth laid off wrong people

As one of those laid off I understand why the company needed to restructure and become leaner, but as so many times before the decision to make changes seemed so ill advised and short sighted in nature. After 9+ years with the company, I have seen... — read more 

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| 3264 views | | 2 replies (last October 25, 2017)
Post ID: @OP+PTrrQ16

Oct 2017 Layoffs

Anyone have details yet on the scope of the layoffs or the reorgs that will follow?

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| 5211 views | | 11 replies (last November 7, 2017)
Post ID: @OP+PPrLKfC

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