Thread regarding Humana Inc. layoffs

Fire the leaders

Many hardworking Humana employees have been laid off recently when top leaders continue to make millions. Why don't you fire some incompetent leaders, Bruce? Susan Diamond is a complete failure as CFO. She cannot even get the basics right. William Fleming was a big failure as healthcare services leader. He is still sitting in top leadership in a meaningless role making millions. Fire them both. Please save the company from such deadwood leaders.

by
| 2283 views | | 9 replies (last February 11, 2024) | Reply
Post ID: @OP+1qWDqs08

9 replies (most recent on top)

Getting on here defending a company who is so poorly mismanaged speaks that those leaders are here defending their millions and mismanagement. Yes this company is going in a new direction. Down the drain is a direction. Back in the 70s and 80s Humana had hospitals. That went down the drain quickly. In the mid 2000s they allowed Univitia to mange auths. That wax a nightmare and they lost a lot of members and money. Now the focus is on centerwell. Another adventure from a bunch of leaders with adhd who need to go.

by
| | Reply
Post ID: @5kio+1qWDqs08

“ Many hardworking Humana employees have been laid off recently”

I hope you don’t mean working 4 hours “extra” because they spend 46 hours in group meetings.

How can work get done when we have so meetings?

by
| | Reply
Post ID: @4bku+1qWDqs08

@ukg+1qWDqs08 Humana changes direction more often than a city traffic light. That's the problem. Bright sparks like BB come up with some new direction and put all their eggs in one basket. Care Management is the perfect example. The leaders used to run to the care managers dripping with excitement every month with the latest ROI. When they decided to scale that up they overpriced the system with managers and technology. They enrolled members for CM who were not about to change their health behaviors. Everyone knew this but they hired themselves into a negative bottom line and put unreasonable expectations on the teams.

by
| | Reply
Post ID: @1yuc+1qWDqs08

Terrible leaders like Susan Diamond and William Fleming have destroyed shareholder wealth and employee experience. Challenges that Humana is going through are directly attributable to subpar leaders like them. They need to go. Humana deserves better leaders.

by
| | Reply
Post ID: @1mvo+1qWDqs08

Upper leadership must be held to performance standards and coached out if they are not meeting goals and performance metrics. 2023 was a hard year, but it didn’t have to be. Brice and EVERY last one of the reports two levels below him need to go. No severance, no stock options. Nada!

by
| | Reply
Post ID: @gjb+1qWDqs08

Welcome to capitalism. People get confused that these public corporations are in it for anyone but the wealthy shareholder conglomerates and C-suite execs (who are also wealthy shareholders for stock options.)

The law is executives have to prioritize shareholder wealth, basically the only function for them is to profit for themselves and shareholders - who are also wealthy. They also treat it like they're doing everyone a favor by being rich, living in excess, and being greedy as an ethical obligation.

In the 80s they tied 401K's to the stock market by default, so if you revolt as an employee or customer, they hold the comparative pennies people make on their retirement plan to their billions hostage.

Look at the past 10 years, Humana has made around $100 billion dollars or more off of taxpayer Medicare dollars. So you're not only paying Bruce and others like him with low wages, you're paying him with paycheck deductions as well. Everyone is.

No matter how many town halls and togetherness good feels they try to push, they literally exist for one thing: greed. Nothing else. Don't get it twisted, they corporations are not your friends or family

by
| | Reply
Post ID: @fdx+1qWDqs08

Fire the leaders who are not performing. Business doesn't need underperforming leaders. Stop protecting them.

by
| | Reply
Post ID: @gis+1qWDqs08

The company is going in a different direction, with a different model than they’ve used before. They are a business and they make profits. The RIFs su-k, but firing leaders because your job may be at risk because the business doesn’t need your role is misplaced anger. It’s a confusing and stressful time for all, but the bottom line is, in health care today, it’s not like it was a few years ago.

by
| | Reply
Post ID: @ukg+1qWDqs08

Can’t agree more. Unfortunately, we don’t matter. They’ve messed this company up for everyone.

by
| | Reply
Post ID: @hud+1qWDqs08

Post a reply

: