Thread regarding Molina Healthcare Inc. layoffs

Stranded Overhead

Corp Cuts come a calling.Someone makeup for revenue shortfall.

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Post ID: @OP+11MPCvFO

8 replies (most recent on top)

I am hearing that from Texas and I can say the same for Ohio...after project Nickel all the good people were laid off or got the hell out. We don't have a smart one in the bunch. Ask our state how happy they are with us.

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Post ID: @2smc+11MPCvFO

There are some people in corporate that need to be unemployed. After project nickel a lot of oversight was sent to Long Beach and they dropped the ball. now they want to interactive and reactive and point fingers and play the blame game. MHI is about as useless as a box of rocks.

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Post ID: @1zud+11MPCvFO

Agreed with the Texas loss, there will be more reductions in staff excluding the stranded overhead costs associated with the the Board and corporate leadership that would never be considered overvalued and less than exceptional performance.

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Post ID: @huj+11MPCvFO

I think some leadership needs to call it quits. Some corporate and a couple of presidents

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Post ID: @xpw+11MPCvFO

So with loss wonder what firm reduce staff will migrate to? Just trying to sort out next steps.

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Post ID: @vnn+11MPCvFO

Assuming U mean the Molina Corp team that indicates business is great...

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Post ID: @rbl+11MPCvFO

Continue to reward our NY team.

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Post ID: @qbq+11MPCvFO

Look at that stock price ooooooh

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Post ID: @eho+11MPCvFO

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