Thread regarding Humana Inc. layoffs

So it looks like the Cigna deal is off

https://www.wsj.com/business/deals/cigna-calls-off-humana-pursuit-plans-big-stock-buyback-ae1c6b3c

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| 2671 views | | 10 replies (last January 18, 2024) | Reply
Post ID: @OP+1q0Qnmlz

10 replies (most recent on top)

Dropped below $400 pre market. The leaders are stupid enough not to ask for a cheap price at that time.

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Post ID: @Dmhg+1q0Qnmlz

The top leaders are too greedy and set the ask price too high. When the price drops below 400, it may be the right time to sell again.

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Post ID: @4ijp+1q0Qnmlz

The money is in Medicaid and MA plans, not commercial

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Post ID: @3onk+1q0Qnmlz

No suitable buyer left then. Walmart won't make a move since Humana has no commercial business any more. Who wants to buy an insurance company that can't provide insurance for its own employees!

Next possible option gonna be split and sell separately.

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Post ID: @2exa+1q0Qnmlz

Oops, meant to say; pay attention to Walmart news and moves over the next few weeks.

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Post ID: @1lty+1q0Qnmlz

Pay attention to Walmart news and moved over the next few weeks.

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Post ID: @1abn+1q0Qnmlz

Same amount of RIFs, if not more, due to the MA folk

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Post ID: @ove+1q0Qnmlz

I wonder what that means for Humana employees? Does that mean more RIFS or less? Will be interesting to see next year. I’m sure they have a plan in case this happened.

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Post ID: @wan+1q0Qnmlz

Does it matter how we feel? Haha

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Post ID: @fsn+1q0Qnmlz

How does everyone feel about this?

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Post ID: @kww+1q0Qnmlz

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