As per Bloomberg business reports, humana is due to report on November 3 about earnings and projections to stock holders, it would make since layoffs are before then so they can show projected savings
3 replies (most recent on top)
That’s what OP was saying, below poster.
You guys are rather naive. Shareholders will not be upset to know about layoffs. It will improve results and administrative costs that were too high. They will be pleased. The company is not doing layoff because we aren’t doing well. We are doing layoffs because we are being more efficient and trimming programs that were not showing return on investment.
"it would make since layoffs are before then so they can show projected savings" Or after when they can hide the truth from stockholders.