Thursday, February 6, 2014

More Gentiva Job Cuts Loom: Hundreds Face Axe


Gentiva filed an 8-K with the SEC today.  It 's contents reveal:

On February 6, 2014, Paula Shoemaker, the Vice President of Sales Support, Marketing and National Accounts for Gentiva Health Services, Inc. (the “Company”), will make a presentation at a home health community event in Raleigh, North Carolina. At that event, Ms. Shoemaker will disclose that the Company is in the process of closing of 46 locations across the country, which the Company expects will result in the loss of hundreds of clinicians and other health care professionals.
Gentiva's top management couldn't make this announcement directly.  They had to use a marketer and disguise it in a SEC filing.  These guys are beneath contempt.  Anyway, the culling of the bottom 10% has begun.  Be sure to thank the Chairman of Fun.


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