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Topics regarding layoffs at Molina Healthcare Inc.
Has anyone else had bad experiences with WageWorks (the employee benefits management vendor for Molina)? Molina used to be contracted with Delta Services and they were great. They knew what they were doing, understood the benefits and systems, were... read more
Anyone have any info on this? It’s been circulating all day but no concrete information.
Molina Healthcare, Inc. gave notice yesterday of its election to redeem all of the outstanding 1.625% Convertible Senior Notes due on August 20, 2018 for cash equal to the aggregate principal amount of approximately $63.5 million. In light of this... read more
3 hours ago...Molina paying 63.5 Million. Probably why they sold big chunk to help pay debts down. And the lawsuit....
I have been hearing rumors fast and wide about the outsourcing to Cognizant is beginning. Management in HSS has been asked to find their successors as they will be let go next month. This would be the start of the of a long endgame of being... read more
This is a repost. The original post from two months ago. Good post....as time marches on with this situation.....some posts continue to ring true. This one does, for sure. Whoever posted this was right. Molina has lost hundreds of millions of dollars... read more
Let's hear the rumors. Anyone have inside info about the 106 people being laid off Monday? Are these new layoffs? Have they been notified already? Here's a link to the WARN act just in case you wonder where i got the 106 number from... read more
Will Pathways be the next division that they sell? Anyone hearing anything on this?
I'm just wondering if we'll see fewer layoffs now that Molina decided to sell MMS to DXC. I'm kind of hoping that's true, because $220 million is a nice sum. However, knowing Molina, I wouldn't be willing to put my money on it. What does everybody... read more
MMS is being sold in the to DXC Technology. Sale will be finalized by the 3rd quarter.
We just received word that there's a mandatory meeting tomorrow morning for all MMS employees which is being positioned as an "exciting announcement". Anyone want to venture a guess?
Based on the latest California WARN Notice, 89 Molina employees in Long Beach and 4 in Sacramento office are to be permanently let go effective July 9, 2018. Read the notice at this link:... read more
What is the status of old HSS IT? Expensive Scot left after 6 months, Dan is still contractor pissing off everyone, no clear vision/direction form him. What is the plan of HSS IT? are we looking for outsourcing HSS IT?
So here we are halfway through the day on the east coast and nothing has been updated thus far. Here’s to hoping we make it through the remainder of the day unscathed.
Anyone have any ideas on how many total employees have been let go since this all began? I know the original number was fourteen-hundred but I am curious as to how much that has been exceeded. I was one of those that went out the door in the second... read more
06/26/2018 any educated guesses why?
Although a result of lawsuit threats and cajoling rather than making the case for our Plan, Molina conivved it's way to maintaining region 8 and region 11 Medicaid contracts in Florida.. as a result, $550,000 in annual revenue is saved while... read more
So someone with some business sense or previous experience... WHY are we hiring in OHIO? Work load is down. We did not win our auto assignments. I have yet to see us going after memberships even though Ami claims we are... anyone seen any initiative?... read more
Wow Florida did not even win the additional Medicaid contracts Florida handed out. Oh yes we are going to fight.... but think this deal is set in stone like NM. Let's just call time of death for Molina. 2018
Fire the useless leaders (directors, AVPs and VPs) in IT department. Most of them are good for nothing people and not even qualified to be in that role. Very demotivating set of management for the IT workforce. Get rid of... read more
Tomorrow is June 1st. I've heard from many people (within Molina and outside of Molina) BIG layoffs starting in June and continuing through the summer. Please share info as it comes in. Sounds like things are going to get crazy. Good luck everyone!... read more
Anyone has some updates on when will do they the lay offs for Florida? They keep sugar coating the situation like if people stupid.
Here are top rated companies ("good place to work"): Source: http://www.modernhealthcare.com/article/20180512/INFO/305129954/best-places-to-work-in-healthcare-2018-alphabetical-list COMPANY LOCATION ABM Healthcare St. Clair Shores, Mich. Accountable... read more
After some searching on the Molina intranet, I found the reduction in force list for this year. So be prepared for a layoff every 2nd to last friday of every month until August! Oh and there 2 dates in Sept and Oct where people will get warned /... read more
https://www.ksl.com/?sid=46326190&nid=757&title=utahns-with-medicaid-chip-through-molina-to-lose-coverage-in-u-health-system SALT LAKE CITY — Beginning Sept. 1, Utahns who get their Medicaid coverage through Molina Healthcare will no longer be... read more
Don't give you any work and you end up looking for your stapler. This place is a dump and the culture is toxic! Everybody there is drinking the same mix of delusions. Whatever they think they are going to do is in a long term plan or they are just... read more
It feels like FL has already given up. The lack of communication and incompetence is staggering. Does everyone not care anymore or did they just lay off so many employees that there is no one left to do the work? I surely hope that if we do win any... read more
Were there layoffs in Long Beach in first week of May? I heard Program Project Managers have been let go. I haven't heard anything but I would not be surprised. Molina is done with major layoffs, and is now focusing on stealthy layoffs that are few... read more
I heard MHI had layoffs today. Who was hit?
NEW YORK, May 1, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Molina Healthcare, Inc. ("Molina" or the "Company") (NYSE: MOH). Such investors are advised to contact Robert S. Willoughby at... read more
Cut a deal for an acquisition soon, before it’s too late
http://www.modernhealthcare.com/article/20180430/NEWS/180439995 The takeaway: Premium revenue dropped 7% in the first quarter of 2018 The company's total revenue was down 5.2%, ending the quarter at $4.6 billion, compared with $4.9 billion in the... read more
This place is one big family/ high school reunion. If you got in based on skill you’re screwed. Management and their AA’s s---s especially in CEX. Molina fudges numbers to look good on paper and then blames front line staff when the numbers don’t add... read more
"According to Zacks, “Molina Healthcare’s shares have outperformed the industry year to date. The company’s growing top line, backed by a consistent membership rise, positions it for long-term growth. Its inorganic strategies also remain accretive to... read more
Wow! All Molina keeps doing this past year is losing. Lost two state plans this year, what's next?
Florida announced Tuesday the 9 companies to ink deals for low healthcare. Molina was not picked.
Anyword on whats expected for the earnings call? Profit/loss? Beat estimates?
I keep seeing people making Molina the villain for laying off people, but the truth is that the entire sector is in major crisis. Businesses do what they have to do. Just look here:... read more
Does anyone know what the current severance package for the employees that were laid off?