UnitedHealth reportedly limits this year's maximum salary increase to 2% and lays off employees

Glonghui, February 28｜According to Bloomberg, UnitedHealth, the largest health insurance provider in the United States, has capped employee salary increases at a maximum of 2% this year, depending on individual performance. Sources revealed that the company has also recently notified some employees of layoffs, though the specific number was not disclosed. The company is working to reduce operating expenses, scale back its clinic footprint, and improve the profitability of its health insurance and medical group businesses. The company's earnings outlook released in January this year indicated that revenue may experience its first decline since the 1980s, reflecting increasing operational pressures.