Thread regarding Molina Healthcare Inc. layoffs

It’s about the bottom line

They usually happen on Thursdays and fridays and as management know, or shall I say have any lack of knowledge. There is more to come. They will more than likely sell the company and rebrand. Stay in the know, it’s about the bottom line. It’s a business and employees are numbers. I was first to say when the molina brothers were off the table it was going to be a change coming. The stocks jump and continue to jump regardless of the lay offs “reason”. If you signed any document on being hired you just like everyone else agreed to be let go with out cause or explaination. In today’s economy it’s bout the dollar signs. If you are worried about being laid off find another job but molina was the most lenient on many things. They’re just getting with the times unfortunately at the cost of good and bad employees. The fact that they are outsourcing is a big red flag that it’s about profit. Read about healthcare in any other brand and it’s the same across the board. Especially in marketplace. It will more than likely fall. While they need to cut down 60million dollars for the “sake” of the company they chose to minimize their task force and implement multiple job tasks they could of let go few in senior leadership. Instead the issues will still remain of the poor customer service and processes and lack of adequate trainings. The difference is they have the power to be a voice while the little guy gets the boot. Stock is only going higher. Look at the trends of everything in the last two years specifically. Regardless of line management knew or not there were meetings on who what when and where and it will keep coming until it’s sold. Be weary but at the same time do your job or look for one because not doin your job is only asking for you to be chopped.

Well said @XYqA2F0-sek

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Post ID: @OP+XYg5koX

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While they are laying off more and more staff, the Company also leased an office in Downtown Manhattan (so that Joe Z and the Board have a place to hide away). Joe Z flies around on a private plane (they say he pays for it, but in reality, his salary was increased to cover the cost). The senior management team all "work" remotely. The 14th floor is a ghost town most days. And when Joe Z does come to Long Beach, he eats off of monogrammed plates with his private set of silverware!

The Board of Directors is the highest paid in the business. They make more than United, Anthem and Humana Directors. So they protect JoeZ, and he protects them. And who pays for it all??? The employees who get laid off.

These are people whose mission is to help the poor?

Very sad

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Post ID: @usf+XYg5koX

Why was this reposted as a new thread?

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Post ID: @cos+XYg5koX

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