What a poor offshore culture these guys have. Absolute low lives
Try not to think about your ugly workplace
At least for these couple of days. It will get even worse, we’ll all have plenty of time to stress and be angry.
nasty company
this company is so nasty. nasty practices, nasty people, nasty.
Merry Christmas to all.
Merry Christmas to all past and present CVS employees. Wishing everyone a great 2025.
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
PCW - the worst org ?
Leadership has no vision - jobs going to India - will the new govt help us
Reorg to greatness!
Always just one reorg away from success
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
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/
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
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
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
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
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
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
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
Aetna side might want to go work at Centenne
https://www.healthcaredive.com/news/centene-aca-subsidies-medicaid-lobbies-trump-admin/735385/ Let the money flow.
Many job postings on cvs site - undecided if I should apply
There are many job postings on the Cvs site. I don’t understand how they have so many and some are the same role as the ones that they let go (some at a lower level). There’s one that I am could apply for, but I’m undecided that I would want to go... — read more
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
Let's do a reorg chart roll call
Any new reorgs happening? If so where and why? Thoughts? Inquiring minds want to know. Ty
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
First Rite Aid, then Walgreens, and now CVS. The retail pharmacy business is dying a lot faster than anyone imagined.
At this rate, CVS will be the last major retail pharmacy left still in business. And even then for how much longer? Never thought I'd see the day retail pharmacy dies.
Trump coming after PBMs
https://www.bnnbloomberg.ca/business/2024/12/16/trump-middleman-remark-sinks-cvs-unitedhealth-cigna-shares/
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
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?
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
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
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
Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers
https://finance.yahoo.com/news/health-insurer-stocks-fall-wsj-171647574.html
Medicare COE layoffs
These are new. Heartless right before Holidays. Great people. Leadership does not value employees. Company is doomed!
Walgreens in talks to be taken private by Sycamore Partners, source says
Dec 10 (Reuters) - Walgreens Boots Alliance (WBA.O), opens new tab is in talks to sell itself to private equity firm Sycamore Partners, according to a person familiar with the matter, the latest attempt by the pharmacy chain operator to go private... — read more
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.
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
This site admin took down the post regarding cvs execs lol
We cant even mention cvs avps and vps as well.
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.
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!