Layoffs did not just occur in October 2019. They occurred on a schedule in October 2019, December 2019, and now February 2020. The number is estimated to be around 20,000 employees as of the December action. UHC has done this in waves to alleviate headlines in the paper and on the news. Not surprised to hear about the layoff occurring on 2/6/2020.
UHC further announced in a town hall in the end of 2019, they will hire approximately 10,000 - 13,000 new employees in 2020. No doubt that number will include increasing responsibilities and lower compensation, given they targeted leadership roles in the layoff beginning in October 2019.
Bumped from @4uyj+13imZn0V for being on point.