Topics regarding layoffs at CareFirst BlueCross BlueShield

Topics regarding layoffs at CareFirst BlueCross BlueShield

Glad I left

Glad I chose to leave during the 2020 It cuts. I am in better place and make a lot more $$. To my IT friends if you are still in operations get out if you can.


#IT

Freedom

It feels weird. Anyone else in the 1/9 group feeling out of sorts? I'm sure I'll settle into it. I'll definitely miss some of my co-workers. And is it wrong to hope things go to cr-p with so many key, long-term resources out the door, myself... — read more 


2c

if you are at least 59 1/2 years old you can do an in service (meaning you are still employed) withdrawal from our 401k into a rollover IRA without any immediate tax impact. If you are younger I believe you are stuck until your employment with the... — read more 


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Post ID: @OP+1k9bb9brp

401K change to Empower

I never heard of Empower so I checked them out and this is what I found: https://www.trustpilot.com/review/www.empower-retirement.com “We are confident Empower is a better long-term fit for CareFirst’s 401(k) plan and will provide an improved... — read more 


AIP at risk

What are you hearing about the AIP? Is it really at risk? Seems like it would be a slap in the face to those who either elected not to take the VSP or were not eligible for the VSP to take the AIP away on top of everything else.


CEO

So if BP is a terrible CEO why did another Blues plan or any insurance company hire him as their CEO? Rumor is the board here even forced him out- So why was he hired for the same position or any position? Not taking up for him-just curious


Merger?

Thoughts on a Merger? Highmark specifically.

CEO leaving

The company is going through a tremendous amount of of change and bang!!- there goes the CEO.

Early retirements offered???

I heard that early retirements were being offered to people in Sales. Specifically, I heard if you are over 55 with 5 years of service the early out was being offered.

Ways to Reduce Your Admin Expense

Offer early retirement. Your oldest employees with the most tenure will have the highest salary points. Reduce that population and you will reduce admin expense. Classic Corporate Move to hide Ageism Discrimination Reorg to move staff from... — read more 

layoffs and bloat

layoffs and performance improvement plans coming. IT Ops, Security, IT Apps, Data teams bloated with too managers and directors who don't know healthcare and no care for details. the lower people are about to pay for that bloat.

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| 890 views | | no replies yet
Post ID: @OP+1jtxvtfbg

Budget cuts coming

After a few strong years, healthcare seems to be entering a tightening phase. Budget scrutiny is increasing, and projects are quietly being paused—early signs that cuts could be coming.

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| 690 views | | no replies yet
Post ID: @OP+1jt7qy1jh

Shake up in IT Leadership???

So it's 8:08 am on 2/18/25. A unplanned IT All Hands meeting just showed up in my inbox for this morning. What do you think is going to be announced?

Mass layoffs of customer service coming

We are about to lose some very big $ contracts. Apparently customer service people are getting cut by the hundreds. Tik many complaints be issue of lack of good service and unreal amount of incompetence. Huge $ contracts going to our competitors... — read more 

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| 1080 views | | 1 reply (February 18, 2025)
Post ID: @OP+1jkzp22x3

Reorg Season is Here

Value Streams will now be Fusion Teams. More money in the pockets of consultants. This is like the movie Groundhog Day. We will probably lose some colleagues; not by choice of course. Years of knowledge will be escorted out the door but no one... — read more 

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| 1110 views | | 1 reply (February 15, 2025)
Post ID: @OP+1jke767fq

IT Reorg

VPs, DIRs, Managers....is it happening?

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| 1560 views | | 3 replies (last September 12, 2024)
Post ID: @OP+1u1M20XB

Is anyone in IT feeling safe?

It seems like the mass layoffs of IT workers are over since DKs departure. It seems like the current CDIO might get it and actually have a plan to make this company Better for IT Workers. Am I stupid/naive for thinking that?

When can we expect the next large round of layoffs?

I know we've been having sporadic layoffs here and there, but I'm interested if there's something more substantial coming our way. In all honesty, I'd rather have one major round of layoffs than constant surgical cuts that keep me stressing every... — read more 

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| 1880 views | | 2 replies (last February 18, 2024)
Post ID: @OP+1qvqSIaP

COBRA, yes or no, when?

Hi there! Is someone aware of the decision-making deadline for COBRA and the expiry date of our benefits?

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| 1020 views | | 1 reply (October 27, 2023)
Post ID: @OP+1pePHPG0

BP is all about politics

If you don’t think BP is all about politics you better wake up. Did you realize 3-4 years ago when Carefirst had their volunteer day downtown Baltimore, that Wesmoore was one of the guest speakers. It was all about him putting his name out there to... — read more 

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| 3270 views | | 7 replies (last February 26, 2025)
Post ID: @OP+1nTE83i4

Back to the office

BDP you have missed the boat. Our competitors aren’t bringing people back to the office. Get ready for your talent to depart.

Passive Aggressive Performance Review Season

It’s that time again where many of us sit down to review our year only to be hit by surprise with “negative” feedback that came through to us by the way of telephone; or someone is rift about something and has a vendetta. He said, she said and... — read more 

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