UnitedHealthcare Offers Buyouts to Employees, Citing Workforce Restructuring

The insurance giant may resort to layoffs if voluntary resignation targets are not met, following a challenging year marked by rising costs and leadership changes.

UnitedHealthcare is offering voluntary buyouts to employees in its benefits operations unit, with a resignation deadline of March 3, 2025.
If the company does not meet its resignation goals through buyouts, layoffs may follow, though termination dates would not begin before May 1, 2025.
The buyout program includes severance packages based on tenure, while future layoffs may offer less favorable terms, according to internal communications.
The company faced significant challenges in 2024, including rising medical costs, a major cyberattack, and the fatal shooting of its CEO Brian Thompson in December.
UnitedHealthcare reported record revenue of $400.3 billion in 2024 and continues to hire for over 3,200 positions, emphasizing its focus on digital modernization.