Molina Healthcare Employees received the official notice today... cleverly tittled PROJECT NICKEL.
"Reducing the size of our workforces" ... they mean LAYOFF and they shared it will take part in 2 waves... largest group end of September.
Molina Healthcare Corporate and health plans by 10%... All levels from Senior to line staff .
GOOD LUCK TO ALL MOLINA STAFF
I suspect this is all in preparation to be acquired
10 percent total einsteins read the memo notg 20 percent
Confirmed email by interim CEO Joe White. 10% workforce production across Molina in 2 waves ending in September. All levels of employees.
20k employees, so 20% will be a 4000 people cut.
Thank you for the insight!!
Actually, confidential memo from CEO targets 20% as prep for bid by Anthem to purchase controlling interest in MOH.. this has been in the works since May...