Why would my VP require all of the Leaders under them attend the earnings call on 10/27/26? Is there something bad that is going to be announced and wants the Leaders to hear it firsthand at 7:30 in the morning, so it ruins the rest of the day???
10 replies (most recent on top)
Things are going to get bad tomorrow. I believe this earning call will finish off this company. Get ready for the October Surprise and the December Layoffs!!!
@g7 you can learn a lot from these calls and the filings. For example in the Q1 filings there was around $25m set aside for severance packages. That’s how a lot of people knew there were massive layoffs coming months ahead of the VSP/ISP announcement.
Doesn’t really have anything to do with being invested. It’s being aware of what’s going on with the company.
@fz Because I didn’t start out with this company they acquired us. And frankly it’s gone downhill since they took over. The better question is why are you upset that people don’t care about a company that has bent over backwards to show they don’t care about their employees? We’re simply a number to these people why would I be invested?
@dk it’s truly baffling isn’t it?
@f8 literally what? For one, the call is made available for every employee to call into on CNET, it’s not just for leaders to listen to.
Also as that other person said, Centene is a publicly traded company. Quarterly earnings calls are held for the purpose of discussing the publicly released earnings report which are PUBLIC. The earnings statement and the 10-Q are immediately released to the public and filed with the SEC.
They’ll be posted on CNET as well but they’ll be made available at https://investors.centene.com/financial-results (all the past releases are on there)
Not to sound rude about this, but I’m going to power through it anyways, how do people know so little about the company that they work for?
I wonder if they’re going to announce the results to us “little people” later that day, if at all.
Tell me you don’t understand how publicly traded companies operate without telling me you don’t understand how publicly traded companies operate.
Earnings calls are not used to drop bad news, and certainly are not a channel for internal comms. He wants you to listen because as employees, we should know what’s happening with the health of the company.
@b3 my VP and their leaders were chatting about baseball on teams for their “meeting” while we were working our butts off. These guys don’t do anything but chitchat and get paid
@a3 I am not sure about supervisors and managers, may very well be true of them as well, as you say. But I do k ow it is the case for Associate Directors, Directors, and Vice Presidents to simply attend meetings all day every work day.
Must be a nice gig! Lazy bumms!
It would be more concerning if they mandated all Centene employees to join the earnings call. Supervisors and above don’t do anything anyways besides attend meetings.