This year so far was really hard. The workload, the uncertainty, the layoffs, and all the other changes made sure of that. I keep wondering if the second half of the year could actually be worse. Is that possible? Or have we hit the bottom and things will get better? I truly don't know.
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@pc you can’t command the sails if you’re being a walked down the plank…
Hey! I’ve been watching the leadership transition from afar and thinking about the team. There’s a lot of noise, but Cigna has all the right pieces to turn this around with the right playbook.
We all need Cigna to succeed as a Big 3 spot! Focus has to be on:
1)Sharpen the core: Exiting low-margin (e.g., ACA exchanges) and double down on flagship commercial and employer business.
2)Supercharge Evernorth: Leaning heavily into specialty pharmacy, biosimilars, and smart analytics to keep driving growth.
3)Transparency: Proactively shifting to value-based pricing to control the narrative with regulators.
4)True preventative care: Deeply integrating behavioral health to lower overall medical spend before it hits high-cost clinical settings.
The ship isn't sinking, it’s rerouting. You guys have a responsibility to command the sails. Bring that energy to this next chapter and show the industry what you’re capable of.
Rooting for you all from the sidelines!
There's a lot of people who took VRP and their last day is June 30th - and these are people who've been with the company for years and simply walking out of the door with all the knowledge, expect things to start breaking down afterwards, chaos, for some ladder but for others twice or three times as much work. Good luck.
@fp private equity are the top three stakeholders.
I think everything hinges around the lawsuits being filed against the fed regarding the pharmacy side of the business. It's going to dictate whether we are sold as a lot of little pieces or a few large pieces.
@fp things are good and have been!
@f5 New CEO is 100000% a Blackrock plant
Poor Cigna, it was one of the last actually decent health insurance companies.
It's going to get much worse, and it's not even day one. I have no doubt there will be a culling of senior and mid level leadership. Eventually, they're going to sell off the remaining divisions of the company. When they announced the loss of GLP1 coverage that was the true indication of how much they really care about the employees physical/mental health. Incoming ceo is a cold hearted k!ller.
@ec You're a terrific writer btw. Lean into that if I were you on the side.
No. The company will be a smaller company by the end of 2027. More short term profitable, but not built for long term sucess. I would bet that it is merged or brought outright by 2028. Mass layoffs, offshoreing, switching to AI, selling off what they can, and shutting down low to no profit divisions is what companies do to survive bad bets and strategies and changing markets.
When the ship is sinking, the crew has choices:
- Stay on the ship and take the risk of going down with it
- Jump ship if another ship has agreed to pick you up
- Wait to get get pushed off the ship abd make use of a life boat to row away and hopefully get picked up.
All of these options are stressfull and ful of peril.
@b0 These fake leaders need to admit they made a mistake trying to repeat their 2008 strategy. Even NY and CA is working on preventing those mistakes again and have laws implemented for that. It's why Elon Musk and others fled to Texas and Florida.
I suspect this is the pause before the new CEO takes full control… then things will start to happen again. Most likely a double down, the powers that be are unlikely to admit they’re wrong/ made mistakes.
We’ve got a ways to go before we hit rock bottom. But HIH…oh sorry…now we have to call them Hyderabad office like we don’t still know they are cheap offshore labor regardless…Hyderabad is sc--wing stuff up left and right. I can’t even develop more than 2 days a week because DevOps tools are broken and all the support teams do is tell me to put in another ticket instead of fix anything even with Director level escalation. If anything it will get worse before it gets worse.
No I don’t think it will get better. I feel like more people will be getting let go
Oh for sure. Look for Cigna to adopt all of these and more thru the rest of 2026
- discontinuing layoffs and filling key open roles
- eliminating offshoring
- moving to a 100% voluntary hybrid model
- retiring "Align to One" without a replacement
- revisiting the last two years of performance reviews to bolster inadequate raises and bonuses
Just keep on waiting for the wonderful future just around the corner!