UnitedHealthcare offers buyouts to some employees, can pursue layoffs, CNBC reports

 

(Reuters) – UnitedHealth’s insurance unit is offering employees in its benefits operations unit the option to accept buyouts if they quit by March 3, CNBC reported on Wednesday.

Those who don’t accept the offer will either continue in their current role or a comparable position, the report added, citing two people familiar with the matter.

If the unit, UnitedHealthcare, does not meet a resignation quota through buyouts, it will lay employees off, the people said, citing an internal resource site.

The benefits operations unit oversees multiple subdivisions that help manage customer service, claims, enrollment, customers’ insurance benefits and more, according to the report.

UnitedHealth did not immediately respond to a Reuters request for comment.

(Reporting by Sriparna Roy in Bengaluru; Editing by Leroy Leo)

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