Thread regarding Elevance Health (Anthem) layoffs

@ee not only would they be wise to head that post - but this entire thread. The OP opened up the box.

@ed Yes, you stated things exactly or better than I could have.

To executives, if you have any sensibility whatsoever, you will heed this person’s post.

I think back when they started unlimited PTO for some they had brought in McKinsey (who helped get people addicted to opi--ds) or Deloitte and implemented some horrible “agile” strategy where they were to secure their top performers and knowledge base. The SLT chose their friends (ar-e kissers) and PowerPoint makers. Everyone else was deemed replaceable by AI, offshore, H1b or a cheaper,younger worker. They have been riffing and driving away those with knowledge or pi---d them off enough so they quiet quit. Before I thankfully got out I would sit in meetings with 40 people where maybe 4 had a clue about how things worked and 2 of the 4 were retiring. There would be Thursday meetings where they dumped all the work on the “su-kers” before they headed out for their every weekend -long weekend. AI is not living up to the promises as you need knowledge to start it. There will be increased whistleblower attention for their govt business. They are going to start scrambling to find their knowledge workers only to release they are gone and not the su-kers they thought they were.

@dq what’s worse is the hide behind “this is the market rate for your job” to justify the cr-ppy merit increases. So basically companies are just determining “what’s fair”. Well that’s some bullsh-t. At this rate we’ll be making minimum wage and they’ll say it’s fair because that is what the market determined as fair. It’s do stupid. I don’t care what the market says when the goal is to continually pay people less year over year. It’s a corporate cop out.

Same boat.

Been here 15 years. I did a little experiment recently. I went back and looked at my last 10 years of salary and I adjusted them for inflation using a simple inflation calculator.

I’m literally making less money now that I made six years ago. And that’s after being promoted.

I also note that new hires are paid much less than I was when I first started here to pay that I was given 15 years ago starting salary is about what they’re paying that same level of employee today which is insane.

I figure I’ll retire in the next handful of years so I’m just here to do the best I can to help other people around me play the game, get my paycheck, etc.

I don’t want a promotion. I don’t want the hassles of the people above me. Now if they RIF me at some point before then oh well. I’ll enjoy my six months of time off.

@b5 Yeah, they are really good at talking out if both sides…

To investors, news media, and in Townhalls…
“We are a multi-billion dollar organization, we are successful, we are profitable, we give to charity, we have golf events…”

But when it comes to raises, promotions, or employees bonuses, we instead here…
“Not in the budget, times are tough, all need to buckle down and do more with less, maybe next year, you should be happy because you got 1% raise than your peers…”

I'm too checked out to even log in anymore.

@ag Setting aside the fact that this company should not be paying anyone so little that they qualify for some sort of company-sponsored assistance.

How about just paying people fairly?

But as always, shareholder value is the north star.

Agreed they are way underestimating. In fact I’m told not to bother thinking about the problem and just ask ChatGPT. I’m serious. Because that’s what management does now take AIs agreeable naive stance on pretty much everything. I can’t believe we are here.

Point out the salary for a position posted has been increased by $1K in just a year, oh we do annual MRP and they can get above or below that. B** I KNOW THAT! Not the point!

Assuming you all also caught the fact they are increasing the threshold for associates who can qualify for the Life Essentials kit. So, rather than adjusting everyone’s pay for cost of living, let’s just increase the amount of employees who can qualify for our cheapa** food stamps program.

@a6 I agree with the original poster and I think the point is - do what you need to do and then get out whatever way works for you - no company is too big not to fail and when people start leaving - the reputation of this chit hole comes home to roost - no one wants to work here - no one wants to go to an office - no one wants to be mircro managed -

Yes they want us to go along - they want us to keep our mouth shut - and we want them to shut up as well.

This particular corporation is not healthy and it is not our job to make it so - FOCUS ON YOU - play the game because that is what it is - and get out when you can - too many years of toxicity to expect this place will change

Gail gets millions of dollars in bonuses every year and you get a 1%-2% raise and you’ll like it! This company makes TENS OF BILLIONS of dollars and the employees get squat, not even enough to keep up with inflation! Greed will destroy this company. Greed with layoffs, greed with profits, greed and complacency with being an industry key player.

This may sound a bit ironic but what the OP has described I believe is exactly what the corporations want. They want people to just play along and tell their middle level leaders what they want to hear, etc.

It is probably those who speak their minds that are on the chopping block. It is probably the, what the company might call “the old fuddy duddies” that don’t like what they see and how things are being handled that feel compelled to speak up,..those are the folks the corporations do not like today.

But is that really healthy for corporations?! Will they continue to grow and prosper that way to just have a bunch of folks that disingenuously “go along” with things?

Same! Every year they move the goal post regarding promotions. First was told there was no budget. Then got a new manager Every 3 years. Had to start over to prove myself to them. I don't care anymore. I am paying off debt which is tying me to this job. Been here 12 years. I am grateful to have survived multiple reorgs and rifs.