Thread regarding Optum layoffs

Dat stock price tho!

Correlation?

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Post ID: @OP+1270B0Xa

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Raises have always been pathetic even if you consistently get 5's.

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Post ID: @1iaw+1270B0Xa

I'm a manager at Optum. Evals will be limited to mostly 3's and an occasional 4; we'll have a quota of 1/2's to fill (even with all of the layoffs), and we've been told to pretty much forget about promotions - 1, 2% at best might be considered. Between the layoffs and what looks to be an awful bonus/salary pool, I expect morale to continue to plummet. I know so many people who are actively looking to leave, all due to the toxic culture.

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Post ID: @1mly+1270B0Xa

Been with this company over 10 years and have never had a decent raise

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Post ID: @acq+1270B0Xa

Mainly sector related with Trumps announced Hospital Transparency Rules looking to combat healthcare prices. That along with Liz Warren backing off her Medicare for All proposal. A rising tide lifts all boats, though United reported a solid third quarter. If you own the stock its good news but for employees latest i heard was more cost cutting and no promotions or salary adjustments for a lot of areas. I would not expect a decent raise or bonus for most people this year.

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Post ID: @npn+1270B0Xa

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