Thread regarding Express Scripts Inc. layoffs

Plenty of layoffs incoming

On Thursday, the Connecticut-based health insurer Cigna offered to buy Express Scripts in a $52 billion deal that promises about $600 million in what the companies called "retained synergies" primarily from administrative efficiency.

"Unfortunately, whenever you have two large organizations coming together, there likely will be some degree of overlap," said John Boylan, a senior analyst with Edward Jones, via e-mail. "To what extent and where, we don't know."

http://www.startribune.com/bloomington-jobs-impact-unclear-from-cigna-deal/476418113/

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Post ID: @OP+SarY6kZ

7 replies (most recent on top)

Will Evicore be effected? ESI purchased them a few years ago and then Cigna.

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Post ID: @6Sqyc+SarY6kZ

the beating continue until morale improve , folks. more sites is closing after merger with Cigna. Hope you guys save moneys in 401k . Time to withdraw money from your 401k. MAGA

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Post ID: @tipv+SarY6kZ

Unfortunately Big Business has spoken again! Express Scripts operations in Columbus Ohio will be end on the 27th of April...one of the largest mail order pharmacies in the ESI network. No One Is Safe! Workload has been low for years...ESI been giving us the run around...talking about more clients coming since last April...THEY HAVE BEEN LOSING CLIENTS...its a sad sad day in the gloomy capital...

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Post ID: @sdop+SarY6kZ

Express scripts just told columbus, oh pharmacy they are closing at the end of May. Hundreds will be losing their jobs. That leaves only 2 more union sites to go.

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Post ID: @sxoe+SarY6kZ

haha who told you Cigna was a good company? your mom?


Investors are now rightly asking how ExpressScripts is going to maintain its market-leading deal flow when tied to a market-lagging health insurer. Saying Cigna is going to pull its orders from UnitedHealth’s Catamaran doesn’t add up.

Cordani’s claim that Amazon might tie up with his group was also made with scant evidence. But there are reporters and analysts suggesting that Amazon might buy Cigna.

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Post ID: @axop+SarY6kZ

don't think so,

cigna is a good company

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Post ID: @4nxy+SarY6kZ

The one things you can count on with esrx is no job security. take it to the bank, baby!

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Post ID: @2hlv+SarY6kZ

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