How many are they looking to leave and in what areas? https://www.inquirer.com/health/ibx-employee-buyouts-philadelphia-20250711.html
RTO mandate, now this?
Godspeed to all affected colleagues. IBC is shaping up not to be exactly a desirable workplace as it once was.
IBX laid off 3% of staff amid ‘cost pressures’ and increasing competition
Independence Blue Cross told employees on Monday that 3% of staff would be laid off as part of restructuring at the company. Affected employees, about 130 people, were informed Tuesday. The company confirmed Wednesday that the workforce reduction... — read more
Stocks Plummet
Stocks fell 31 points in one day based on CMS MA rates. In contrast, 12 on day one of hack. 15 on day two. Then 27 over the coarse of a week before rebounding. Worst hack in healthcare history vs a 1% margin in MA 🤔
VSP offered - 900 needed (maybe layoffs in 2018)
IBC is offering a voluntary separation program - you can take off with money. Better than severance. I highly doubt there will be enough people to meet the program goal, they are targeting 900 folks. So, we will see what happens - I think IBC will... — read more