Topics regarding layoffs at athenahealth Inc.

Topics regarding layoffs at athenahealth Inc.

"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 

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 

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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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 

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

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 

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 

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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