Thread regarding Elevance Health (Anthem) layoffs

Bloomberg articles exist behind a paywall...just like all of the other sc-mmy news organizations that limit access to information to only the richest id--ts

...or executives with access to unmonitored expense accounts.

GFY

@sk Taxes. Too many rifs and unemployment numbers get skewed which affects Elevance bottom line. Buyouts allow companies to reduce, replace offshore, taxes stay stable and virtue signal that they are compassionate.

The downside of a buyout is A) you aren't eligible for severance...the buyout is in lieu of a severance and could be less than what you are qualified for and B) you wouldn't eligible for unemployment since you voluntarily chose the buyout. That isn't a big deal if you have a job lined up (or if you get one soon after) but it can be if you are out of a job for an extended period of time.
Also, the the best of my knowledge, Elevance isn't offering a "buyout".

me me me I want a buy out!

Why should this company do buyouts when you can RIF people. The story is, does data that is NOT supposed to be offshored getting offshored, or being accessed by offshore scammers. That's the story that needs attention.

A lot of the data is just junk so then it is safe no matter who has access to it.

@f2 amen- that is the real story how vulnerable customer data is with all the offshoring.

@f2 Well said.

Instead of doing a story about buyouts that aren't happening, why don't you do a story on the number of people this company has laid off from their every month riffs for years? Or how many American jobs have been moved offshore? And whether those offshore jobs have access to data that they shouldn't?

@a7 can confirm this, have a friend that works there

Would take them up on it -

Buyouts are news to me! I hope they are coming!

Elevance no longer offers buyouts. They learned their lesson on that several years ago. They are just throwing Americans out of their jobs. Employees are not being given a choice about anything.

Centene is offering buy outs to all staff according to Beckers. If elevance is offering them I haven't heard about it

Wait, they're offering buyouts?? Do tell!!