Thread regarding Cigna layoffs

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Why I have been hearing is a bit concerning. May be everyone already knows this. But they want to move the entire engineering teams to Offshire. Fully functioning teams. There will be an onshore counterpart for every team.


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Post ID: @OP+1m150z8nn

8 replies (most recent on top)

define onshore counterpart?

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Post ID: @mh+1m150z8nn

@f5

It's almost as if you don't care about the shareholders at all

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Post ID: @hh+1m150z8nn

@et Ur the boss that Dolly Parton complains about in her song. You should step aside for all your failures as a leader.

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Post ID: @f5+1m150z8nn

Sounds great for us directors. Phew!!!

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Post ID: @et+1m150z8nn

Please understand that they are looking to be at a 70% offshore and 30% onshore. Many people in leadership just don’t see it only being 40% onshore but top execs keep pushing the reduction down to increase the stop price as lower profits are expected next year.

This basically means only director and higher will be onshore and the rest will be offshore. Their maybe a few Senior Managers left but those will be the work horses aka 50-70hrs a week grinding it out hoping to keep their jobs.

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Post ID: @ds+1m150z8nn

@cv I would have to say that both are a concern.

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Post ID: @d9+1m150z8nn

As long as there are onshore counterparts for every offshore team, including team size and composition, is this really a big concern?

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Post ID: @cv+1m150z8nn

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