Topics regarding layoffs at CVS

Topics regarding layoffs at CVS

IT culture

What a poor offshore culture these guys have. Absolute low lives

by
| 1041 views | | 4 replies (last January 3, 2025)
Post ID: @OP+1wat8JFa

nasty company

this company is so nasty. nasty practices, nasty people, nasty.

by
| 1080 views | | 4 replies (last December 27, 2024)
Post ID: @OP+1w9BgyRZ

Merry Christmas to all.

Merry Christmas to all past and present CVS employees. Wishing everyone a great 2025.

by
| 740 views | | 1 reply (December 25, 2024)
Post ID: @OP+1w9cd7PR

I left and never looked back

I’m so glad I did. If you’re still at CVS, it might be time to consider finding something else. I approached it with one simple thought: can it really be worse than it already is? Once I realized that, the answer was no, it couldn’t get much worse... — read more 

by
| 1320 views | | 8 replies (last January 2, 2025)
Post ID: @OP+1w8iJ7uR

PCW - the worst org ?

Leadership has no vision - jobs going to India - will the new govt help us

by
| 1510 views | | 8 replies (last December 25, 2024)
Post ID: @OP+1w7bUMkf

Even Investors Are Fleeing...

Stock at all time low today.. no way in he-l that there won't be 5000+ layoffs in qtr 1 2025... if you are still working here, i suggest you stop all work tasks and focus on finding a new job... don't be a fool: this company is heading for total... — read more 

by
| 1880 views | | 9 replies (last December 27, 2024)
Post ID: @OP+1w7XRwCl

Mid managers!

Mid managers & LDs don't contribute much anyways. Time for cvs to do similar: https://nypost.com/2024/12/20/business/google-ceo-sundar-pichai-says-company-slashed-manager-roles-by-10/

by
| 1520 views | | 5 replies (last January 7, 2025)
Post ID: @OP+1w5DKSfT

CVS Health announces 164 more job cuts at Aetna

CVS Health announced Friday it will lay off 164 employees who report to the Hartford headquarters of its insurance division Aetna, all of them remote workers. The employees affected are assigned to the Aetna headquarters at 151 Farmington Ave. in... — read more 

by
| 1970 views | | 3 replies (last December 22, 2024)
Post ID: @OP+1w5EI54r

165 More WAH layoffs announced

https://nbcconnecticut.app.link/Z6ZMfhtUuPb I was part of Oct. layoff ...Good luck to everyone--I've already had 2 rounds of interviews and nothing--they didn't have the courtesy to send me a position filled or thanks but no thanks..hoping it gets... — read more 

by
| 1370 views | | 3 replies (last December 23, 2024)
Post ID: @OP+1w57w2VP

Hours cuts. Retail. Passive version of layoffs.

We may have not had much h Headcount reduction in the last 2 waves but as I look across the retail landscape the conclusion must be drawn. We are staff reducing without having to pay any severance. Each store is down 4-50 hours a week in budgeted... — read more 

by
| 1230 views | | 7 replies (last December 20, 2024)
Post ID: @OP+1w4LNvdL

I’ve finally landed a decent offer

It took time and a lot of energy, but it finally paid off. It’s not an improvement in terms of pay, but it definitely is an improvement in terms of not being a job with CVS. Be persistent, there are jobs out there. Don’t get stuck on this sinking... — read more 

by
| 1250 views | | 7 replies (last December 22, 2024)
Post ID: @OP+1w4uZ4Az

The future looks bleak

Healthy companies grow by expanding and innovating, while struggling ones rely on restructuring and layoffs to survive. It’s obvious which group we’re in. CVS will keep shrinking until there’s nobody left to lay off and nothing left to close. Saying... — read more 

by
| 1860 views | | 8 replies (last December 20, 2024)
Post ID: @OP+1w3Blyj6

New DOJ lawsuit

https://www.msn.com/en-us/news/us/cvs-dangerously-understaffed-doj-says-in-opi--d-suit/ar-AA1w79Kh?ocid=msedgntp&pc=HCTS&cvid=636a1fffbadb42f3a06961072cf7dd60&ei=29 Department of Justice has accused CVS Health of contributing to the national opi--d... — read more 

by
| 1710 views | | 6 replies (last December 19, 2024)
Post ID: @OP+1w2u4G09

For whom the bell tolls

https://www.marketwatch.com/amp/story/cvss-stock-seeing-worst-month-in-decades-as-dr-g-seller-gets-criticism-from-both-parties-a1a85d78 Besides the as--ult on the PBM business, Mizuho analyst Ann Hynes said Tuesday that discussions with a leading... — read more 

by
| 1680 views | | 6 replies (last December 19, 2024)
Post ID: @OP+1w22X07J

Bye bye Cigna, CVS and UnitedHealth

Senators Warren, Hawley introduce bipartisan bill that would force insurers, pharmacies to sell off PBMs Lawmakers are aiming the measure at "vertically integrated" companies like Cigna, CVS and UnitedHealth. By Allison Bell | December 12, 2024 at... — read more 

So glad I'm out

Feel really bad for all the employees left behind who are helpless against inept leadership. No bonuses, stock in the toilet and losing business like crazy...sad

by
| 940 views | | 1 reply (December 17, 2024)
Post ID: @OP+1w1ej6pk

Trump coming after PBMs

https://www.bnnbloomberg.ca/business/2024/12/16/trump-middleman-remark-sinks-cvs-unitedhealth-cigna-shares/

by
| 1620 views | | 9 replies (last December 20, 2024)
Post ID: @OP+1w0mnWkc

Retaliation is alive and rampant

The ISTS org got an email last week about fostering a safe and respectful work place. The problem is if you do speak up after calling the ethics line, they always side with leadership. If your leader finds out you are the one who placed the call... — read more 

by
| 1570 views | | 7 replies (last December 26, 2024)
Post ID: @OP+1w0222uC

Stock at December 2012

Stock price is now the same as it was in December 2012. What desperate move will be made to increase the price?

by
| 1350 views | | 9 replies (last December 17, 2024)
Post ID: @OP+1w07Hl1g

More on the possible breakup

Sentiment turned almost overnight. CVS stock had surged 11% and UNH 5% on Nov. 6, as investors bet that the Republican electoral sweep would mean lighter regulation for the group. The reality looks a lot different five weeks later. "Investors are now... — read more 

More bad news.

https://thehill.com/policy/healthcare/5037786-house-republicans-launch-investigation-into-cvs-caremark-for-potential-antitrust-violations/

An open letter to corporate about store conditions

Current store conditions are unsustainable. Two people is not a crew and stores cannot survive on the insane hours cuts, PLUS increasing workload that's constantly shoved onto store-level personnel. If you're going to cut hours so badly, at least... — read more 

by
| 1420 views | | 5 replies (last December 17, 2024)
Post ID: @OP+1vXUcFVu

Management Bag of Tricks

Look at the stock chart. It has double peaks. The stock pays a 5% dividend and has become a “sure thing” for widow and orphan accounts. Every iteration from management was taken as positive. More layoffs - stock reflexively went up. More store... — read more 

by
| 1380 views | | 2 replies (last December 12, 2024)
Post ID: @OP+1vWdiLIb

Town Hall.. lol

On a follow up call with regional team after town hall.. so much silence, but for those speaking only want to say how positive and encouraging town hall was.. sad that everyone knows the horrors that have and will continue to take place, but are... — read more 

by
| 1670 views | | 1 reply (December 12, 2024)
Post ID: @OP+1vVeC5gO

Medicare COE layoffs

These are new. Heartless right before Holidays. Great people. Leadership does not value employees. Company is doomed!

by
| 1530 views | | 3 replies (last December 16, 2024)
Post ID: @OP+1vVxPN1i

Accelerating Layoffs

Don’t wait to be fired. The coming layoffs in 2025 will be MASSIVE. The plan is to split the company in two. Insurance will remain as CVS Health. The Pharmacy business will be sold to Private Equity. The stores will close. It will become a mostly... — read more 

Layoffs to the Aetna Medicare Provider Team

Heard the Medicare Provider team had some big cuts, but don’t have many details. Heard the cut was today and effective tomorrow, and not sure how many are affected. Pretty cruel right to do during the holidays.

by
| 1970 views | | 5 replies (last December 10, 2024)
Post ID: @OP+1vTcP36y

October layoff casualty - ESPP question

I tried to work through the help that we were given from CVS, but never got a definitive answer after many conversations and was told to talk to ask John Hancock. Too tired to start again, but are we getting shares from ESPN and/or when are we... — read more 

by
| 1130 views | | 3 replies (last December 10, 2024)
Post ID: @OP+1vTlkkWp

Let's eliminate more workers

Let's get rid of more people doing the actual work so they can create more high level executive positions we don't need. CVS is so top heavy now.

by
| 1400 views | | 7 replies (last December 7, 2024)
Post ID: @OP+1vQDpeMe

Retail, cvs app Quality

Started my new job and it’s so different. If you care about your mental and financial health, leave cvs CVS totally deserves its dishonest incompetent employees. And vice versa - Lose lose!

by
| 680 views | | 2 replies (last December 9, 2024)
Post ID: @OP+1vQsTLfD

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