UnitedHealth (UNH)care is offering employees in its benefits operations unit the option to accept buyouts if they quit by March 3, Annika Kim Constantino and Ashley Capoot of CNBC report, citing two people familiar with the matter. If the company does not meet a resignation quota through buyouts, it will lay employees off, CNBC adds, citing an internal resource site. UnitedHealth declined to share how many employees received buyout offers, the website adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNH:
- Dow Jones Dips As Investors Await Fed Meeting Minutes
- Lone Pine Capital takes new position in Eli Lilly, exits UnitedHealth stake
- Tiger Global buys PDD, exits ZoomInfo in Q4
- Craig-Hallum bulish on Myriad Genetics, initiates with a Buy
- UnitedHealth’s Strong Long-Term Growth Prospects Despite Short-Term Challenges: A Buy Rating by Joanna Gajuk