It’s time for bonuses and raises. What month are layoffs expected?
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Rumors have it over 5,000 more ppl
You are 100% correct about Politan Capital!! It doesn't even take much digging to figure this out, yet people still don't believe it. This is absolutely why they are outsourcing, laying off, selling buildings and destroying the infrastructure of the company. Because it will make the company more desirable for purchase. This is what Hedge funds do, and we are in the midst of their mindful destruction.
2dsy+1qaTA454
It's the leadership at Centene's fault that this board exists. Thousands of people robbed of PTO and a severance they earned right before the holiday. You act as.if they have some kind of ethnic. They are just like you. You came to be messy and holier than thou.
AND yet here you are posting on this board ...JFC seriously?
@2dsy+1qaTA454- you seem like a real A hole. What is more pathetic… posting asking the question or stalking this thread waiting for your chance to put someone else down?
The company can’t and won’t get any better as long as it’s filled with people who spend their holiday time posting on this board.
You’re exactly who should not be employed by Centene.
I'll try to be brief. Quentin Koffey, Politan Capital, his hand-picked board of directors, & his monied interests cabal is running Centene. look him up his company & the carnage he has inflicted
Sarah London is what the young generation call a "Nepo Baby" who has no corporate experience or skills that would make her qualified for many of the roles that a lot of you got fired from this year with more layoffs to come! Research her background -- its been buried but can be found with a little elbow grease. Her rapid assent is due to family connections and extended networks +/- she is probably someone important's love child!!
Drew Asher: a little man with a even smaller unit! He hates nurses and doctors, especially ones that care about people! He has left financial carnage wherever he as been -- look at Wellcare and the Centene PBM that he led before leapfrogging into this role -- he is very underqualified and a snake! also he only knows to cut head-count as a way to drive the bottom line -- any basic bookkeeper cold do that for millions less!!
Ken Fasola & Dave Thomas: incompetent buffoons -- no experience with a company this size especially government managed care! Anti nurses, anti doctors, anti people on Medicaid, anti DEI, anti black/brown/LGBTQI!! Com'on people, can you stand to hear either one of these id--ts speak for 5 minutes w/o laughing!!
Ashlee Knuckey! No experience in corporate compliance, reports to legal is a puppet of koster & do nothing -- never go to her department for a compliance issue -- they will cover it up!! and that's from members of her own team!!
chis Koster -- research his background when he was in politics! Also, credible gossip that he is/was sleeping around with other people on the executive team -- guess who??!!
Kim Henricksen, Alice Chen, tanya McNally and Erika Mcconduit -- diversity hires who are all only going to throw you overboard for their highly compensated do-nothing jobs that they are all woefully Under-qualified for!! You should run the other way when you see any of these people coming your way down the hall
In short if you still work for this company -- watch your back and start collecting evidence yesterday to hopefully either protect yourself and/or enhance your exit package when they do RIF you!! also, those of you who know of corporate maleficence -- please report it first to the authorities & then lawyer-up!!
Why didn’t they cut the bonus for high salaries before laying off employees that are doing the work? No promotions or raises for the employees responsible for working closely with members and providers. I mean the lower salary grades are who they need, but these PL as they call them just sit back and delegate work or yell all day. This strategy is backwards and clearly isn’t working. But carry on at this pace apparently it works for THEM but definitely not the actual network.
I think any lay-offs that would have occurred in the first quarter will be delayed because they know everyone is anticipating it.
But the damage on trust and their reputation is done. I interviewed with a competitor and the first thing that came up was how these last set of lay-offs were handled.
Only plan is to layoff people to the bone , just to keep enough heads to have the lights on and try to show some profitability, badly ran company
London & Drew will keep the layoffs coming to make up for the lack of revenue from Medicare due to horrible STARS which accounts for Billions in loss revenue! Its all being run by a private equity investor Quentin Koffey of Politan Capital!! All PE wants to do is fire and put the money into their pockets!! There will be no platform modernization, no member care programs, no growth -- just pain, austerity measures, and more pain!!! buckle-up!!
Sounds like there is no plan to keep this place running. Cheap labor usually leads to more incompetence.
They might need people, however, they don't want to pay the current people more or keep them on if they are making a high salary. So yes anticipate much more people getting laid off just so they can rehire for those same positions at a much lower compensation. You don't really think that their logic has anything to do with doing the right thing do you? The only thing that matters to this company is their purse nothing more.
Why are there so many new job openings? Wouldn’t that be a sign that they need more people?
I'm worried we are looking at an even worse year than the current one, which is not good.