Thread regarding UnitedHealth Group Inc. layoffs

Stock Buy Backs

Just a friendly notification. UHG has spent over $11B in the last year on Stock buy backs. The prior period was $9.1B. Instead of giving us living wage raises, or a reasonable bonus. These a--hats see fit to spend company resources to prop up the stock price through repurchasing. This behavior only helps the investor class, and it ain't you with your 23 shares of UHN. It helps Hemsley, Rex, Witty, etc. This is done at your expense. At the expense of your benefits, wages and sanity.

AT the end of the month another buyback will be disclosed. I'm guessing one of the largest ever (buy the dip with your billions). Think of this when they fire your coworkers, your friends, and they stick you with a 1.5% raise and send an email expressing "gratitude" for your hard work and take away bonuses. They don't give two craps about you, they only exist to siphon your labor, sacrifice your sanity and profit off your sweat while they sit in their fancy estates diving all scrooge mcduck into their $60M compensation package.


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| 3354 views | | 16 replies (last September 12) | Reply
Post ID: @OP+1k4annr3e

16 replies (most recent on top)

Buziness skool 101 to buy shares to goose earnings. Don't forget 32+ get $100k minimum annual stock grants. Good chunk of 30-31s too, even 29s are eligible for $10k.

Issuing shares for this is dilutive, so buybacks balance the scale. Unclear on how much we pay out in RSUs, but with the rank and file AI layoffs, the percent of people 30+ has likely grown.

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Post ID: @1bh+1k4annr3e

Ah, the corporate stock buyback — capitalism’s version of buying yourself flowers. The company takes piles of cash (that could’ve gone to employee raises, new products, or fixing that coffee machine in the break room) and instead spends it buying back its own stock.
Why? Because if you shrink the number of shares out there, the “earnings per share” magically looks better. It’s like su-king in your gut for a photo — same body, just better optics.And who benefits most? The executives with stock options, of course! They’re the ones whose paychecks get a nice bump when the share price jumps. Workers might get a “thanks for your hard work” email, but CEOs get a new yacht. So the next time a company says, “We can’t afford to increase wages,” remember: they might just be saving up for a romantic evening with their own stock.

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Post ID: @12k+1k4annr3e

@g5 and our leaders telling us how we should be giving to the PAC. He-l to the no.

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Post ID: @12h+1k4annr3e

I mean if you sell your soul for money, you’re already a wh--e, so you might as well maximize your revenue

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Post ID: @101+1k4annr3e

and later on she has to tell her kids shes a wh--e. i guess if you have no morals go for it

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Post ID: @yj+1k4annr3e

@vd Fun fact.. A lady who is on O*ly F@ns has disclosed she has made like $48,000 in one month's time.. I am definitely in the wrong business.. Keep your chin up..

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Post ID: @vw+1k4annr3e

To make a living these days, you have to become a gambler (stocks), sell your soul (executive) or OnlyF-ns.

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Post ID: @vd+1k4annr3e

Buybacks make sense since the share price is at a discount now. And the ELT is compensated by share price movement so if I was in their shoes would do the same to line my pockets.

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Post ID: @rd+1k4annr3e

@g9 PAC = Political Action Committee. You my friend, need to figure out how to do a simple Google search. You sound like one of the mo--ns they might want to boot. Sorry, not sorry. How lazy are you?

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Post ID: @jw+1k4annr3e

I got the email and was completely d-mbfounded too.

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Post ID: @gc+1k4annr3e

i dont know what pac is stop talking in your corporate slang

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Post ID: @g9+1k4annr3e

How many of you got an email from PAC (this was when the stock fire storm just started) asking for you to give a minimum of $2,500 to help the cause? I think the email went out to salary grades 30+ asking for them to give money. How offensive was that? Talk about tone-deaf. I was d-mbfounded, literally d-mbfounded.

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Post ID: @g5+1k4annr3e

Forget about your own compensation. This whole enterprise exists to extract money from sick people at the best possible rate. You exist to serve these sick fu----s.

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Post ID: @ff+1k4annr3e

So we could have given every employee a $30k raise, but instead we bought stock with company revenue to prop up the stock to make all the c-suite richer instead? Real cool UHG, way to treat your employees right

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Post ID: @bb+1k4annr3e

@aa this guy corporates

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Post ID: @b5+1k4annr3e

And what is your point? You dont matter, never have never will. Yet you keep showing up cashing the check so life must not be that bad.

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Post ID: @aa+1k4annr3e

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