UnitedHeathcare offers buyouts to employees following a tumultuous year for the insurance giant

UnitedHeathcare offers buyouts to employees following a tumultuous year for the insurance giant
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UnitedHeathcare offers buyouts to employees following a tumultuous year for the insurance giant
Author: Kelly Rissman
Published: Feb, 19 2025 22:08

If the company’s resignation quota is not met through the buyout offers, the insurance giant may reportedly pursue layoffs. If they opt out of the buyout, employees can stay in their current position or a comparable one – but it’s unclear for how long. If a certain number of workers don’t resign through the buyouts, the company will have to lay people off, the outlet reported.

 [UnitedHealthcare offers buyouts to some employees and could be pursuing layoffs if its resignation quota is not met through the buyout offers, according to a report]
Image Credit: The Independent [UnitedHealthcare offers buyouts to some employees and could be pursuing layoffs if its resignation quota is not met through the buyout offers, according to a report]

It’s not immediately clear how many people will be offered the buyout option. The Independent has requested comment from the healthcare company. An internal memo, seen by CNBC, outlined that both full-time or part-time workers in benefits operations were eligible for the buyouts.

If other employees need to be cut, they will be terminated “no sooner than” May 1, according to the memo. Although some workers who accept the buyout offers may need to work beyond that date, they likely won’t be required to work beyond November 13, CNBC reported.

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