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How is it a non-story? Imagine how much money was spent on this thing, plus the copious write ups in Axios etc. They failed. The rest is noise. What do you t
by foobarbazetc 6y ago
How is it a non-story?
Imagine how much money was spent on this thing, plus the copious write ups in Axios etc.
They failed. The rest is noise.
What do you think they’re “collaborating” on now that this JV is wound down?
What’s a “health care project” in the context of JPMorgan? Employees still have normal group health insurance with normal healthcare delivery.
- superfrank 6y agoIt's a non-story for three reasons, IMO. 1) All three companies are still working on health care projects on their own and it sounds like most of the Haven employees are being offered positions on one of those continuing teams. 2) While it's could just be press release talk, but they claim they will still collaborate in an informal matter. 3) The three companies combined have almost 1.5 million employees. This entire venture consisted of 57 people. Even for the smallest of the three companies (JPM) this Haven was just a drop in the bucket. I've personally worked at much smaller companies that pissed away far more resources and no one gave a shit. The idea is still valid, each company is still sees value in the space, there was no major falling out between the companies, and the number of employees affected in a negative way is negligible. This is basically an organizational restructuring. Total non-story, IMO.