This is true, up to 10% for Optum Technology IT staff is what we have been told, it is probably larger by the sounds of things. They are targeting multiple pay grades from Senior Director on down to Business Analysts. Many of the resources have 5-10+ years at the company. Some were very surprising to me, i.e., they weren't all poorer performers.
This is obviously not specific to a single site, MN-based, Hartford CT-based employees, further West and South as well. Hartford seems to be losing someone almost on a daily basis. Folks are nervous and rightfully so. Wide scale layoff folks.
Meanwhile they are bringing in 100's if not 1000's of young interns through the "TDP" or Technology Development Program. These kids are right out of college, go through a few rotations around different organizations (mentored and trained by senior IT staff) and are then placed permanently. Meanwhile traditional hiring is very difficult. Pretty obvious what they are doing here. Business as usual, cold, calculated business.