Thread regarding Centene Corp. layoffs

Summary of Losses: Neidorff vs. London

Era – Michael Neidorff (1996–2022)
Peak Quarterly Performance: $535 million (Q2 2021)
Annual Performance: Maintained profitability
Main Drivers: Pharmacy benefit manager legal settlements; COVID-19 utilization spikes

Era – Sarah London (2022–Present)
Peak Quarterly Loss: $6.6 billion (Q3 2025)
Peak Annual Performance: $6.7 billion net loss (Full-Year 2025)
Main Drivers: Federal Medicaid funding cuts; asset write-downs

Why is Sara London still the face of this company if she has cost the company Billions??


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| 2 views | | 9 replies (last 8 hours ago) | Reply
Post ID: @OP+1kv98f75h

9 replies (most recent on top)

Have you all noticed that London pulled all the funding Michael Neidorff had threw out St. Louis and the surrounding areas? It's not only in Missouri, but in the other states too. This is why we no longer have the website that would give employees tickets to events or why we no longer get the Employee Day at the STL ZOO. I heard she got a new jet and she herself said in one of her "London's Calling" video that she "heard it in the hallways in Washington", where she makes notion that she is always up there rubbing elbows with the government. London used Centene as her personal bank account.

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Post ID: @b1+1kv98f75h

The numbers don't lie. Time for change

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Post ID: @ay+1kv98f75h

@ac I get that COVID funding created a temporary boost and that government pullback impacts everyone. But that’s exactly why long-term planning matters. Most organizations knew those conditions wouldn’t last, so the question isn’t just what changed externally, but how effectively leadership adapted to those changes. Both factors can exist at the same time.

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Post ID: @ap+1kv98f75h

You’re comparing Apple to oranges, most healthcare companies saw a massive surplus in funds from Covid. We are seeing what happens when the government pulls out of healthcare and we are a governmental funded company. It su-ks all around but this isn’t the big picture we think we’re seeing

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Post ID: @ac+1kv98f75h

@a4 Aside from coining "Centeam" and creating a giant DEI program that got dismantled last year? All I can think of is make strategic blunder after strategic blunder.

It's almost like a 45 year old who's never been CEO of anything isn't qualified to head a giant Fortune 25 company in a complex, highly regulated industry.

What the he-l is the Board of Directors thinking?

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Post ID: @a8+1kv98f75h

Wow, talk about great timing! 😳

Sold at the PEAK!

https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=19532248&RcvdDate=6/10/2026&CoName=CENTENE%20CORP&FormType=4&View=html

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Post ID: @a7+1kv98f75h

Not much to be honest, but mission simplify. I doubt she even knows how to use copilot, wondering what the shareholders are doing with her. Michael made this company so much better, bad move on his end for her to take over.

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Post ID: @a6+1kv98f75h

Bet she is comfy with her $20 MILLION per year... the upper leadership could have all taken a small loss and saved jobs. Maybe an unpopular opinion - but it is what it is.

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Post ID: @a5+1kv98f75h

Great question.

Here’s another: what has she actually DONE at Centene?

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Post ID: @a4+1kv98f75h

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