Anyone know how it will be determined if we are part of the "majority" to move over to HCSC after 1/1/25? Who and how do they decide?
Are you seeing shifts on teams supporting MA?
Are certain people getting moved to save them from cuts?
Layoffs making room to hire employees in India instead
Someone needs to bring this to the US federal government because it seems illegal. Cigna is laying off US workers because we are too expensive and will be replacing these laid-off workers by hiring employees in India because they are cheaper labor... — read more
When do we get bonuses?
It’s March or April but is it towards the end?
Names Being Removed from Cubicles
At the office today and there was someone walking around with a clipboard and removing employee names from cubicles. Not sure if the people quit, or if there was another layoff.
Any updates on 2/29?
Does anyone know anything about the layoffs for 2/29 and how bad they might be?
Cigna undervalues its employees
Pay, benefits, treatment...none of that is even close to the quality of employees Cigna has. That's at least true when it comes to my team, but I think that's the situation overall. When you add layoffs into the mix, it's no wonder so many people are... — read more
Who should be looking for a new job?
Directors, management, supervisors, grunts? Claims, case management, tech, legal? Name names if you want. This is going to be an interesting show.
Will MA be included in the next round of lay-offs?
Or will they leave that to be HCSC’s problem? After a while, it doesn’t make financial sense to get rid of some of the MA staff when you can just shove the financial burden of a lay-off on to HCSC.
Talent tier 1, 2, 3…
Wonder what that means. Which tier is more safer when layoffs come?
HCSC Locations & WAH
I was on the page for HCSC and found some troublesome info. Does anyone know if it's true that they only hire for MA in 5 states? Here's the link to that post. If accurate, what are the states? https://www.thelayoff.com/post/@ucrs+1pVBwp0c It also... — read more
Cigna will be sure to stiff us
With the sharp increase of cost of living, we have all been squeezed by every other company to pay more for everything. Food, utilities, subscriptions, gas, and just about anything else have all gone UP in price. You would think that Cigna would do... — read more
Cigna Reports $1 Billion Profit Ahead Of Insurer’s Shift From Medicare
Forbes: The Cigna Group reported a $1 billion profit in the fourth quarter on solid growth of its health insurance plans and Evernorth health services. The company’s fourth quarter and full year 2023 earnings report, which showed total medical... — read more
MA roles going to HCSC?
Can people post when they start hearing whether or not they or their teams are moving over to HCSC? I am curious if those people not moving over will be able to post for Cigna roles. During the Town Hall, they said we will know in a few weeks? — read more
Tech Townhall
Interesting stuff. Shift left? What does it mean ?
With all of the layoffs happening, will Cigna employees see Total Rewards in action this year? Will there truly be bonuses and salary increases?
I am aware the earnings call is this Friday, and Cigna has been profitable, so they have the money. Has anyone heard anything as of late?
Cigna (+interesting things) Layoffs, customers, insights
This thread is to help people and Cigna if action needs to be taken. More will be coming. PLEASE REPLY -- it matters since there in no way to communicate up and get the best Cigna has to offer involved. FIRST POST -- This discussion thread is... — read more
Are there layoffs tomorrow (2/1)?
My stomach is on knots. I have a bad feeling and I can’t explain why.
Now that the cat’s out of the bag
Will the 2/29/24 layoffs focus on Medicare and CareAllies?
Cigna Leadership admitting that they did a poor job with Medicare and didn't know what they were doing.
With the sale of Medicare and Care Allies, this shows us and the rest of the world that they made poor decisions and could not achieve it's goal to expand the Medicare Business. Quote from FAQ document posted today: "Taking this step will enable... — read more
MA Sold!
An email just came down from David. MA business sold to HCSC with Cigna agreeing to a 4-year service agreement under which Evernorth will continue to provide pharmacy benefit services to the transitioning Medicare business. The expected close is... — read more
MA Sold to HCSC
https://www.forbes.com/sites/brucejapsen/2024/01/31/big-blue-cross-plan-to-buy-cignas-medicare-business-for-33-billion/amp/
To quote Phil Collins on his birthday,,,
I can feelin' it comin' in the air tonight... So, so quiet in Bloomfield HQ. Tension is thick. Speculation rampant. Feels like something significant is about to happen...
CIGNA I.H. LAYOFFS
Does anyone know if these mass layoffs will affect the IH side of things? People in the UK are pretty spooked of no mention of this at all…
Roots of misery in health insurance industry
We should always keep this in mind when experiencing the misery of working in health insurance industry: "In a truly free market, an individual wouldn’t need health insurance, because the medical establishment couldn’t charge more than customers... — read more
Severance payout?
For those who have been impacted by the Cigna layoffs (I’m sorry!) - can you confirm whether the severance is a lump sump payment or salary continuation for X months?
Strong rumors of Feb Layoffs
So far, hearing rumors almost everyday. Heard that it’s coming for all every single dept within Cigna. So much so that it’s probably going to be a surprise for those who didn’t expect it. Question is how to brace for this? Would they give advance... — read more
Headed towards PIP?
We are now required to document our goals, and there will be mid year, and year end reviews. From the email, it must be done before 2/16. Things are changing at Cigna for sure. It almost looks like some kind of PIP procedure put in place.
What departments were impacted 1/18?
Seeing posts here where some separation notices were given. Do you mind sharing your department?
Open positions for MA?
Why are there still open positions for roles working with Medicare Advantage?
The end of private Medicare bo-m
https://finance.yahoo.com/news/humana-plunges-2024-forecast-misses-120703264.html
Using layoffs against us
Supervisor in case management keeps bringing up the recent layoffs & states our future is uncertain, supervisor seems to think this is an effective way to basically whip us into shape in terms of improving metrics, the words “prove your worth since... — read more
When HR brings the hammer down
When HR gives notification that your role is being eliminated, what happens next? I’m hearing some people are being given future termination dates while others are being terminated immediately. And I have seen some posts on this site which claim HR... — read more
Tracking # total of employees given layoffs
Does anyone have access to the number of employees now? I believe the # of employees was around 76000 when the October 2023 were instituted. I believe there was a way to get a number in Workday (by number of employees in organization(s))?
Is anyone else reaching their breaking point?
I know I’m not just speaking for myself when saying I’ve reached a point where this job is no longer sustainable as it once was. Constant punching down from management who do nothing all day while the rest of us struggle to manage the workload and... — read more
Voluntary buyouts
Does anyone know if Cigna is offering voluntary buyouts? Unlike past years with layoffs I'm not hearing any talk of this. Has anyone here known of anyone who has approached their management offering themselves as a voluntary buyout candidate? If... — read more