Topics regarding layoffs at Centene Corp.

Topics regarding layoffs at Centene Corp.

The Centene Umbrella

So I know we all come from different health plans under Centene, has anyone been told anything regarding individual health plans that may be affected this week? Obviously we all know something is brewing in the background. I am just looking for some... — read more 

London Calling

What is London Calling? A town hall or an email, and does anyone have any information/insight on this?

Follow Up Email from CEO

I don't even know what to say anymore. I wasn't expecting a follow-up email and expecting even less that they would have any clear message to give us as to whether the axe will begin to fall and when - just a "wait until the meeting so we can tell... — read more 

Securities Fraud

If you weren't worries before - you might should start now. Just saying that its just not looking good at all 2 days ago: Centene faces a securities fraud lawsuit alleging misleading investors with inflated enrollment and morbidity claims, causing... — read more 

Centene stock down 10% after 2nd quarter loss

Big miss on 2nd Quarter 2025 earnings with a surprise loss and stock price down 10% in premarket trading 7/25/25. Investor call is at 8:00am Eastern time. Curious to hear what the strategy is going forward.

ESPP - Employee Stock Purchase Plan

Has there been any discussion regarding the stock purchase plan? Employees that have been participating have lost a lot of money. Are they still encouraging participation in any way? There are already multiple class action lawsuits that have been... — read more 

So we are basically sc--wed?

Centene’s next quarterly earnings call is Friday 7/25/25. Considering that there has not been a peep made internally about the potential 1.8 billion dollar hit to earnings outside of the initial press release, they’re going to have to do something... — read more 

Wouldn’t recommend

The culture is toxic, politics run deep, and everything feels disorganized thanks to nonstop reorgs. Management can be petty, and the leadership shift has tanked bonuses and left raises trailing behind inflation. There are no positives I can think of... — read more 

The layoffs have started

I was just informed, unexpectedly, that four members of my team will be laid off next week as part of company-wide reductions. While my line of business isn’t directly tied to Ambetter Marketplace, it’s clear that the broader organizational cuts are... — read more 

Direct Pay HealthCare System

I have been working in this industry for a few years now. Do you think we will ever live in a world without insurance and have a Direct Pay HealthCare System? Fundamentally, I find myself preferring a direct model over traditional insurance based... — read more 

Class action lawsuits filed all weekend

All weekend law firms have been bringing forward class action lawsuits against Centene for allegedly committing fraud against investors due to pulled guidance reports. Things are not looking good for the company.

Why is everything so complicated here?

Every task feels like navigating a maze someone built while blindfolded. Documentation is outdated, handoffs are messy, and nobody owns anything end-to-end. I’ve been here over a year and still hit roadblocks daily. And no one seems interested in... — read more 

Risk Adjustment

Centene will receive $786 million in Risk-Adjusted Payments for Exchange Participation. Thoughts?

ESPP stock purchasing plan. Convenient Timing.

So if you are enrolled in the Centene ESPP stock purchasing plan, our most recent purchase was done on July 7, after the stocks tanked. But it goes off of the price on June 30. Pretty convenient timing to announce something that tanks stocks right... — read more 

AI

Curious if anyone knows how far along AI implementation is here? Seems like this would be a good time to hit the gas on this to reduce costs.

BBB

BBB just passed. We are cooked.

I'm so done

After seeing how Centene treats loyal employees, I’ve lost all motivation. Using work hours to job hunt and upskill. No point giving effort to a company that’ll discard you without a thought.

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