More coming. Also more sales of business units coming. They need to strip the fact and add shareholder value fast. Best advice is if you're scared or worried, you should get out. You're probably on the chopping block. @11l2t4CH-5wns said it best... — read more
Topics regarding layoffs at Change Healthcare
More people getting laid off and company keeping it hush hush
may 2019 june 2019 june 2018 march 2018 october 2018 july 2018 june 2017
90 layoffs today in my office and 4 other offices have also had layoffs today
I've been hearing we might be looking at even more layoffs before the end of this month, does anybody know if this is true?
Just waiting to hear what the tally was.
Unrealistic expectations lead to premeditated resentment.
Public company. Will face significant pressure to deliver shareholder value. Work with private equity firms, $5.8B in debt... you're going to see much more cutting and organizational changes. Shouldn't be a surprise when things just drop, especially... — read more
No idea what to think , seriously mind blown. Head over Charleston office walks out for reasons unknown and their spot filled within days with the head of the Florence office . So was this planned ? Is this a sign Florence is about to be axed? We’ve... — read more
In hindsight it’s actually really sad. The “new company” that was formed just provided CHC a rebranding opportunity and ultimate just got rid of everything that was legacy McKesson and Change. These guys are a joke... if I’m a current CHC employee, I... — read more
And we have no idea when. Which means that we now have to sit and wait and stress over it for who know how long. Honestly, I'd much rather know if I'm on the list today. Letting us know layoffs are coming and not giving us any details is just plain... — read more
As the corporation begins the first phase of its Initial Public Offering, we require a CEO who can lead us through this important transition. CEO de Crescenzo has done an excellent job managing the Anonymous Notes to Neil forum, adroitly forwarding... — read more
Debauch R&D-IT Tear-jerker, As we’ve continued to reinforce since the belfry the new fiscal yes-man, our third yes-man as a compensation will find us malfunction the transport from a compensation that is integrating, to a compensation that is... — read more
I’ve heard ~1500 will be let go today. Good luck people.
I was a legacy McKesson employee who's tenure was around 25 years when I was informed that my position was eliminated last year. I thought I share some information / thoughts in hopes that it at least may help someone. Note that I am basing... — read more
Heard from multiple former coworkers about recent layoffs. Good and really smart CHC employees are getting hit hard by this. I was really surprised WHO they’ve let go recently. Extremely talented Sales Engineers/Solution Consultants are being let go!... — read more
I think the RIFs are going on throughout May. My boss told me he was being pushed for a full 30% reduction in his labor costs for FY20. Then he scheduled an early Friday meeting with me for thirty minutes, which is when I expect to be laid off. I... — read more
Not sure who got hit, but do know it was significant.
Is it just me or does it seem like CHC keeps a thick layer of management (directors, managers, supervisors, team leads) , in relation to the number of workers that actually do billable work? It doesn't see efficient if they truly want to reduce... — read more
Under the guise of “resource adjustments” New round of layoffs today in sales, client services, and process excellence (PEX) teams. This resulted in the elimination of some positions. Just another bogus lay-off help improve the look of the... — read more
Be prepared- management is asking to identify all employees who have the potential to be outsourced (onshore and offshore). If you’re in more of an administrative role, I’d start looking right now.
An IPO of $100million for a company that was said to be valued at multiple billions, doesn’t seem too sure about itself. Testing the waters are we? Change’s LinkedIn and website are surprisingly quiet about the news. From an article: “CHNG appears to... — read more
Change Healthcare made a major announcement yesterday. All Americans (ahem, patients) are now able to access interoperability services (aka their data) FOR FREE. You know - because they weren’t able to do that before. I don’t know about everyone... — read more
In May my dept had a layoff of 5 people then yesterday I was blind sighted and two of us let go saying our numbers were down and we needed to cut cost so explain to me why the dept , or what’s left of it (8 ppl)needs a supervisor AND an offsite... — read more
I just received a letter from CHC claiming that I underpaid on my 2018 benefits and if I don't fork over $156.04 immediately I will owe $168.81 in 2019. Jokes on CHC inasmuch as I HAVEN'T WORKED THERE SINCE MAY 2018. People Connection (ha!) said... — read more
Everyone knows that Verint and layoffs go together...Get those resumes dusted off.
And I thought Change Healthcare was an amazing company.... I guess the people are speaking and have had enough of the incompetent management. Too bad those fake planted 5* reviews didn’t work to pull up that thinly covered veil.
Anyone heard any news about Christmas bonuses? Did employees get them last year?
They think we are as stupid as they are. I've worked in different companies, large and small, in different cities and states, and have never experienced anything remotely as bad as Change Healthcare. I feel bad for the employees who have had to put... — read more
There was a “clerical error” and a ton of ppl went with out pay this week. The response on chatter was they are working diligently to fix it. That’s great..ppl can just tell their banks that their employer is fixing it so they don’t rack up over... — read more
Although these kinds of innovations bring a lot of automation with them, which I’m not a big fan of,but I have to say that this is generally a good move. Simplification and a more agile process is something that is needed in healthcare transaction... — read more
Per yesterday's announcement, John Hammergren is leaving McKesson, on 3/31/2019. Any coincidence that it's happening before the IPO and official, final splitoff of Change Healthcare, from McKesson?... — read more
Neil, you and your sloppy leadership team have run a good company into the ground. Let that sink in... We had a good thing but you and CHC “leadership” destroyed it. Let that sink in... Time for you to go. — read more
In the past week it seems there has a been a torrent of people willing to speak their mi ds on Chatter, and no longer anonymously. Multiple people are have voiced their dissatisfaction with the executive leadership. Folks are also especially p-ss-d... — read more
I know multiple people who have been laid off who are not getting paid severance as they should. One of them it took over a month to get any severance pay. And since you can't collect unemployment while getting severance, you are basically SOL and... — read more
Is having a horrible benefits dept an omen of a business going down? I’ve never dealt with such unprofessional people as I have with the benefits dept.
More cost cutting for the IPO. If you can’t manage (yes, you Neil). Hundreds fired/laid off today.