Per meeting with director today 75 pos are looking to be added to FTC ABS/Amisys teams for the 3rd and 4th qtr...seems like a lot. These pos will be internal and external applicants.
Good leaders would never let this happen
Good leaders would be devastated if they knew how many of us are dreaming about walking out with a package. They would step in and try to fix things. Centene "leadership" doesn't give a damn.
More layoffs at the start of next month?
There have been rumors going around about more layoffs coming in the first two weeks of September. Anything new on that front? September is around the corner, and I haven’t heard much for the past few days. Anyone have any new info? Were any of the... — read more
Save a job …
https://youtu.be/zmY6-2idC1o
Sudden position change.
Everything was good then I got a sudden position change to another team about three days ago… message sent through teams. Very vague. Any idea of what’s to come?
Layoff likelihood ? Under consideration for 2 Lead Engineer positions, 1 Senior Engineer
Hey folks, I'm trying to get out of my current toxic/underpaying job position that I'm absolutely miserable at, but potentially stable-ish in. I just started this current position 3 months ago after being laid off by another large tech company (whose... — read more
Chance of layoff for new hire?
If I accept an Analyst job with this place, what is the chance of being laid off on day 1 with the Medicaid cuts and other BS going on? Lol
Got ESPP in 70s
Not able to sell - how long before stock recovers to 50+ so I can cut my losses? Am hoping in another 1-2 quarters it will double from 26 to 52 - wishful thinking??
State
Does anyone know what states have already been affected and of plans for any other states?
With the stock being what it is, how long can our CEO keep her job?
I think it's becoming obvious that she can't fix the situation.
Another reorg, same pointless outcome
How many more layoffs and failed restructures before they admit the real problem isn’t the structure, or us??
Find this person in “RIF happening today - Thursday - 7/31/2025”
If you read this post and thread you’ll find someone who said as follows “I was honestly hoping to be a part of these layoffs today, sadly all we were given is an increase in productivity making the job more overwhelming than it already is. Best of... — read more
Activist investor interest?
With the stock beaten down as much as it is, do you think there is the possibility that it will attract activist investor interest to demand change? It happened in 2021 so it seems possible it could happen again. One of the biggest differences is... — read more
Any word yet on how many?
And whether this will wrap up today?
RIF happening today - Thursday - 7/31/2025
Just received noticed that Centene (CenTeam?) is reacating to the $253 million dollar loss with layoffs. Just received my RIF with 12 weeks of severance and last day is 8/22/2025. Here we go folks - here we go!
Noticed
Remote work and the lack of being in an office/interaction make it easy to get hyper-focused on work and not notice that your team members are slowly disappearing. I noticed today that several members of my team over the last couple of weeks have... — read more
Another ex-Humana joins Centene IT as SVP
Do we need more expensive SVPs from Humana? We should get rid of the ones we already have.
How low will it go?
The decreasing stock price is very concerning…is it time to sell? How long before it rebounds, if ever?
CEO and CFO replacement
Would be a great sign to investor, they lost credibility, billions of wealth evaporated. They got rid of the best operators with their SG&A cuts, they cut the muscle too. They need to fire them ASAP, the earnings call was full of riddle and... — read more
London Calling Part 2
No mention of layoffs, right-sizing, RIFS, or reorganizing - but I still feel like they are coming on the DL.
I'm confused
Are layoffs happening this week or not?
Claims stateside are going to get walloped by the layoffs
I have been in claims for the last 8 years (and this is just speculation on my part based on what I am seeing & have experienced), is that claims stateside are going to get walloped by the layoffs. We are constantly asking for work (and I am in... — read more
The Centene Umbrella
So I know we all come from different health plans under Centene, has anyone been told anything regarding individual health plans that may be affected this week? Obviously we all know something is brewing in the background. I am just looking for some... — read more
London Calling
What is London Calling? A town hall or an email, and does anyone have any information/insight on this?
Dang! This place is sc--wed!
Can it get any worse?
Follow Up Email from CEO
I don't even know what to say anymore. I wasn't expecting a follow-up email and expecting even less that they would have any clear message to give us as to whether the axe will begin to fall and when - just a "wait until the meeting so we can tell... — read more
Securities Fraud
If you weren't worries before - you might should start now. Just saying that its just not looking good at all 2 days ago: Centene faces a securities fraud lawsuit alleging misleading investors with inflated enrollment and morbidity claims, causing... — read more
Centene stock down 10% after 2nd quarter loss
Big miss on 2nd Quarter 2025 earnings with a surprise loss and stock price down 10% in premarket trading 7/25/25. Investor call is at 8:00am Eastern time. Curious to hear what the strategy is going forward.
Molina reported earnings today. You can guess how that went.
Centene is tomorrow. Could well be even worse.
ESPP - Employee Stock Purchase Plan
Has there been any discussion regarding the stock purchase plan? Employees that have been participating have lost a lot of money. Are they still encouraging participation in any way? There are already multiple class action lawsuits that have been... — read more
Any word on this week?
I really don’t like my job here, but unfortunately, I need it.
Raising Premiums?
I just heard that they plan to raise member premiums to offset their... — read more
Garbage In, Garbage Out
That’s it. That’s all. Very simple.
So we are basically sc--wed?
Centene’s next quarterly earnings call is Friday 7/25/25. Considering that there has not been a peep made internally about the potential 1.8 billion dollar hit to earnings outside of the initial press release, they’re going to have to do something... — read more
WellCare Case Management Teams
Anyone have any knowledge on WellCare CM team layoffs?
Wouldn’t recommend
The culture is toxic, politics run deep, and everything feels disorganized thanks to nonstop reorgs. Management can be petty, and the leadership shift has tanked bonuses and left raises trailing behind inflation. There are no positives I can think of... — read more
Centene requesting a 20% increase in GA for 2026??
If that’s true, our analysts are as bad as political pollsters. That means they were off by a mile for 2025. And that’s without knowing whether or not the subsidies will be extended (they won’t). Ambetter enrollment is going to plummet, only leaving... — read more
The layoffs have started
I was just informed, unexpectedly, that four members of my team will be laid off next week as part of company-wide reductions. While my line of business isn’t directly tied to Ambetter Marketplace, it’s clear that the broader organizational cuts are... — read more
Worst performing stock
CEO and all wellcare and Humana chronies need out ASAP