Friday is usually not a layoffs day so I'm hoping beyond hope that it's all over and that those of us who still have a job don't have to worry anymore. What are the chances this is true? Is there anybody here who is high enough that could give us a... — read more
The Land Before Time
This c suite leadership is so out of touch with the ground that they likely have no idea what is even going on. They are not just eliminating overlap they are shipping jobs to India. Unless your job is required to be in the USA. It will likely be... — read more
What does this mean in the short run?
ST. LOUIS, Feb. 10, 2021 /PRNewswire/ – Centene Corporation (CNC) ("Centene" or the "Company") announced today that it has commenced an underwritten public offering to sell $2,200,000,000 of senior notes due 2031 (the "Notes"), subject to market and... — read more
This looks like age discrimination to me
I'm not sure if this is the case with everybody but so far the people I know who were notified they were laid off all have one thing in common - their age. Every one of them are either in their late fifties or early sixties. Tell me that doesn't seem... — read more
WARN Act
I am a Centene worker who got canned today following a stellar performance review, and given 3 wks notice with a last day of March 4. Does anyone know why the WARN Act ( a federal requirement) was not in play with this massive layoff? The WARN Act... — read more
CM Team Huddle Zoom Meeting Tomorrow, Thursday February 11th @ 8:30am (May Or May Not Be Related to Layoffs)
Wendy Faust Regional Vice President Medical Management at 4:16pm today emailed us a CM Team Huddle zoom meeting tomorrow at 8:30am and put in red bold "Please attend if at all possible. Thank you!" It is rare a huddle is ever done for CM... — read more
Any media coverage of Centene layoffs?
Nothings shows up in my.yahoo.news
I was let go in 2020
Long-time "older" employee. I think I am in the minority in that I figure this is just the way things are. There is no such thing as job security these days. It's only business and not personal. I hated being let go... — read more
How is it done?
How do they lay off - how is it done??? A conf call? Who's on the call and can you state your case? What do they tell you?
$12 Millon Loss Neidorff Salary $26 Million in 2020
Neidorff and other VPs bonuses from 2020 could be cut in place of laying off 3000k people!!!! His 7 Millon dollar bonus alone, make up a huge portion of the "losses". Absolutely bulls**t for Centene to do this. Cut the VPs and CEO bonuses, get... — read more
I Just Got Terminated
I am an older worker who just got the boot from Centene with no warning, after just receiving a glowing performance review 3 weeks ago. The performance review stated what an asset I am to Centene! If this is how they treat their assets, I would hate... — read more
Severance
Is anybody willing to share the details of their severance package?
I hate how this is being done
I know some people are already being notified and I envy them. I don't want to spend the next two days stressing and worrying about being laid off, that's not good for my mental or physical health. There's no need for this. Thousands of people will... — read more
Layoffs Announced on CNET.
Announcement on CNET about 3,000 layoffs and 1500 open positions being closed. Impacted employees will know by the 12th.
Centene as next GameStop/AMC Theaters
Hedge funds win big shorting stock from companies that are too late to course correct. Centene seems like investment opportunity here with short sales. Any thoughts?
Before you jump ship, look at the layoffs happening elsewhere
People, this is how the industry works. Centene is not different from it's competitors in the need to downsize and restructure following waves of M&A. This happens. Look at the thelayoff.com pages for any of the other top 10 payers and you'll see... — read more
Magellan Resources will be released in first 365 Days
Magellan acquisition will leave little to no Magellan resources. Centene leadership is already solidified with leadership and individual contributor roles from Health Net, Fidelis and Wellcare acquisitions. Magellan was acquired for customers and... — read more
Centene Going Out Of Business
You can only grow by acquisition for so long. Your work force becomes so engrossed in integration that they can never participate in digital transformation or innovation. Centene continues to follow this old school model due to old school leader-MFN... — read more
Centene to ax 6% of positions--3,000 employees and 1,500 job openings
You likely know about this already–they didn't wait for Thursday. The suddenness of the public announcement on top of the earnings is curious and generally not a route taken publicly by other... — read more
Layoff as some kind of relief?
After six years of trying to hang in there, I walked away. It was a great paycheck, but it wasn’t worth the stress on myself and most importantly, my family. The long hours and super sized work loads almost cost my life. I saw my work colleagues burn... — read more
4th Quarter profit loss, though 2020 FY profits were up 38%
https://www.fiercehealthcare.com/payer/centene-reports-12m-profit-loss-q4-2020 https://investors.centene.com/news-releases/news-release-details/centene-corporation-reports-2020-results The only place where Centene can chop is SG&A (selling... — read more
It matters how a company treats its employees
It's been proven that companies that treat their employees well do better than those that don't. If people feel valued and feel like the company cares about them and sees them as an asset they will always give it their all. Employees who know they're... — read more
People have had enough
Why do they even need layoffs when people are more than happy to walk out on their own? Centene has been creating a hostile work environment while taking away job security for years now, so it's no wonder so many are quitting. I'm still here because... — read more
Heard layoffs are coming 2/11
My supervisor is leaving. She told me today that there are layoffs coming on Feb 11th.
Layoffs coming
Can someone else confirm there is a meeting on Friday...from the post below.
Layoffs coming
There is a meeting on Friday that some of our leaders have been invited to with HR. They are getting information on who is getting laid off the following week.
Is it hard to find a new job if you're over 50?
I've been hearing some worrying stories from people who were laid off and are still struggling finding a new job. All of them are over 50. Considering that I'm in that category as well, I'm now more worried than ever about being affected by layoffs... — read more
Layoffs...
Centene is very strict company... You get overworked and under paid. Not flexible schedules with PTO etc. Constant lay offs.
Where is people going after Centene?
I have been with Cenetene for almost 3 years. This is becoming more of a prison sentence than anything. They are constantly buying out companies. Where is people going after Cenetene? I need a change fast, but feel like I’m enslaved to my salary. :-(... — read more
HLK - what can state plans expect?
We were told last year that the HLK marketing move would start Jan 1. What can people at the state plans expect to happen soon?
What would you consider to be a decent severance package?
A friend was recently laid off from a different company and he was enraged because he found the one week per year severance to be insulting. I have to say, I agree with him. At least Centene offers a decent severance package (if things haven't... — read more
Magellan employee here. Any insight into what to expect with Centene acquisition?
Hello, I learned that we were acquired by Centene and I was reading the boards about the Wellcare acquisition from a year ago and it sounds like they laid off redundant roles like HR, IT, marketing and all the managers so just wondering if anyone can... — read more
Where there’s a will there’s a way
After months of searching I finally landed a better job and gave my 2 weeks’ notice. My manager was taken aback because I never gave any indication of being unhappy. He actually tried to convince me to remain, but I was adamant on leaving. Then he... — read more
Where is Centene actually going? Look at their investments and direction.
Centene was the lead investor in an $18 million Series B round for Diameter Health, an enterprise data interoperability developer... — read more
It is now time to say adieu
To all of you talented legacy Centene folks, I know that today is the last day of work for some of you. I know that you will land on your feet because you have done tremendous work throughout the years. You faced challenges and obstacles and you have... — read more
It’s not as bad as it seems
I felt the company brought me to my knees when I was laid off in August - but it didn’t. I thought I couldn’t find employment when millions were out of work - but I did. I have friends who were laid off from their jobs at the same time and all but... — read more