UnitedHealth cuts 4,000 jobs and 2008 outlook

AP/Yahoo News, July 3, 2008

UnitedHealth Group Inc. has announced a lower profit outlook, a restructuring that will trim 4,000 jobs, and a $900 million payout to settle a class-action lawsuit over options backdating. UnitedHealth, the nation's second-largest health insurer, said its restructuring would change operations on every level to focus more on regional coverage. Analysts saw the announcements as perhaps the end of a long rough patch for UnitedHealth.


MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.