Thread regarding Elevance Health (Anthem) layoffs

There was a time when this was a decent company to work for

You will find some areas that may be better managed and functional. If you are being brought in at a higher level with a specialized job, for example, if you are an AI expert and are part of the chosen, inner circle it is probably still a good option. But I would read through these posts carefully as there is a lot of factual info that should be given careful consideration. There is no real innovation, profits are being made shifting jobs off shore, via premature implementation of AI and via RIFs; that is not sustainable as a long term strategy. The senior leadership team for the most part is incompetent in my opinion. The CFO has no healthcare knowledge, the CIO has crashed and burned at several companies. Look at public records and you will see that the SLT is not buying Elevance stock, with the exception of one 2.3 mil purchase by Gail to shore up quarterly earnings, they have spent 400k total in stock purchases over the last year and are ditching their shares whenever that can. The chief security officer left, supposedly due to questionable behavior re in house self monitoring. The culture is very much a caste system where the SLT and their minions pass down impossible to meet goals and then also I believe misrepresent up the chain that goals are being met. RIFs are constant and are not communicated; it is like a horror movie where people are disappeared in the night. This results in the people who are left having unreasonable workloads and overall makes for a miserable culture. Many people who were hired fully remote and never went into an office were required to go in 3 days and wouldn’t be shocked if it goes to 5. Expect raises that don’t keep pace with inflation and cr-p bonuses. Advancement opportunities are also limited. If the job has anything to do with provider data, that is a mess. I would never do a call center job at this company. If you go in with your eyes open and limit yourself to 40 hour weeks from the outset and are able to manage your stress and understand from the outset that it is not you it is them; then perhaps it will be workable for you. I would strongly caution anyone who has underlying anxiety or an inability to compartmentalize against this company. You don’t mention percentage wise what the difference in potential salary is, I would perhaps see if you can negotiate with the other organization for a future increase.

Posted by @bg+1k8g1dfer, well said.


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Post ID: @OP+1k8r6zs7h

5 replies (most recent on top)

I came to this company over 25 years ago after switching from another company that had a great environment and culture but had hit hard times - I can honestly say that I have had to watch my back nearly everyday for the past 25+ years. The boiling point is rising now though and it may be time for me to start the next chapter of my career with the 15 or 20 more years I plan to work. Sad but true

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Post ID: @ev+1k8r6zs7h

@ad I thought the same thing. Does the poster think what they are saying is profound? Any of us that have been here for awhile know this. If leadership is reading these posts the sentiment has been posted time and time again. Leadership doesn’t care. And yes I’m reading this site to see if my area may be next for the layoffs. I don’t think I’m ever gonna be safe from rif. This is the world we are living in now. Nothing you are saying is news to me or something I don’t already know. I’m tired of seeing these long posts where poster must think we have never thought about what they are saying. Like they are instilling us all with some insight we must have missed.

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Post ID: @e5+1k8r6zs7h

There was NEVER a time when this was a decent company to work for!

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Post ID: @d1+1k8r6zs7h

@ad Interesting reply - you know there are symptoms and diagnosis - the poster is outlying symptoms - a layoff is the diagnosis - you seem to want to know if you personally are safe, or will get a heads up.

NO you are not safe now, in the past or in the future - if you thought otherwise - you are kidding yourself. There has been no loyalty at this place since the Glasscock days - Pre Wellpoint -

Will you get a heads up - gee look around and read what people are posting - pay attention to the behavior of the SLT - you may be safe for now but you never know - I doubt you will see it coming

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Post ID: @ah+1k8r6zs7h

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