"The Woonsocket-based company filed a WARN notice with the Rhode Island Department of Labor and Training on Monday about the impending job cuts. According to the notice, the layoffs will be effective between Dec. 8 through Dec. 21, 2024." "What... — read more
CT warn notice
The CT warn notice is now up on CT dept of labor website. 416 total layoffs in Hartford; 323 of those are full time work from home and the remainder are hybrid Date layoffs: 13/8/2024 thru 12/21/2024
When's the Q3 earnings call?
As the title states, when's the call? These are the calls where KL's head gets put on the chopping block, she gets pi---d and starts firing her leadership team like BK! I've got some popcorn ready to go for this show.
Layoffs as a weekly thing
Are we now at the stage where layoffs have become a weekly thing? Just when I think we're done, we hear about even more cuts. When will it be enough? Who does the leadership - if I can call them that - expect to do the actual work if they continue... — read more
Failed leadership for hurricane in the state of Florida
Our division VP and regional directors have failed in their roles as leaders to make a decision waiting until 3 o’clock 24 hours before a category five hurricane hits just so you can get that last-minute sale is disgraceful and dereliction of duty... — read more
Working for this company is like working for a startup but without the income
This place is basically put in startup mode by execs that come and go every ~2 years. The ICs get paid peanuts and nothing meaningful really gets produced because of flip flopping / short tenures. Rinse and repeat. So basically a bad startup.
Cognizant
Laying off all Aetna CVS employees. However they are hiring cognizant employees. Sorry
"Put people first" lol
Leadership should try to achieve this "heart at work" behavior!
How are we even going to keep the lights on?
https://share.newsbreak.com/96g5qo6c?s=i16
There’s no transparency at CVS, hence all the rumors.
If corporate was transparent about everything going on, then there wouldn’t be all these rumors floating around. Just be open and honest about things going on, and the state of the company, and you could very easily put all these rumors to rest. ... — read more
This will not end anytime soon, it seems
This is horrible. So many people affected. Nobody knows if they are the next. Vast majority of us can’t afford to be without a job for a week, let alone months on end. This is not the best workplace, but in this economy and with the job market as it... — read more
End of day meeting
Last minute end of day meeting called. Aetna departments moving.
CT upcoming layoffs
https://www.ctinsider.com/business/article/ct-cvs-health-layoffs-jobs-aetna-hartford-19804644.php
Article that gives a little insight into everything going on.
https://www.wpri.com/target-12/cvs-to-lay-off-632-people-employed-out-of-ri-as-board-mulls-breaking-up-company/
More layoffs
Another 3,000 with a lot being in Rhode Island https://www.providencejournal.com/story/business/2024/10/07/cvs-layoffs-announced-632-ri-based-jobs-impacted-warn-notice-rhode-island/75556284007/
Senior Leadership posts on LinkedIn they are crazy...
Layoffs going on, yet leaders posting on LinkedIn what a great place CVS is to work. What a bunch of insensitive out of touch clowns. This message is outright comical. Empathy.... bwhahahaha ____________________________ Working at CVS Health... — read more
Roles affected
Can’t believe it’s happening but also am concerned for those in other positions as well. How high up do these go..? Are directors being laid off too? I can’t even fathom having to start over now, I’m miserable at best but have been overworked for... — read more
Next week
Any news about next week? Will there be more cuts?
CVS going to be like Sears
It has been over four years since I last handed CVS money for anything. CVS isn't doing well. Although I'd like to take credit, the truth is more and more people have simply had it with CVS. Now the local 24 hour CVS isn't even 24 hour anymore... — read more
This place is infested with contractors
IT culture is horrible in this company. How did it get so bad?
With the end of the year approaching
Ask yourself this: Do I trust this leadership? Do I see a good future for myself here? Once you answer them, start looking for a new job (since I'm certain not many will answer with a "yes" to either of them).
I do not get why some people say it is just capitalism and layoff is routine in capitalistic society
I am really confused about why some people seem to have strange empathy for the company by saying that every major US company does routine layoff and it is common for capitalism. I can understand a company spoken man will say that. CEO may try that... — read more
Why some many jobs
Why are there like 23,000 open jobs ? Are these just all fake jobs ? Also wanted to get people's opinion. If someone who was laid off, should try to get another internal job or only look outside of CVS ?
I can't get over it
When I learned I was let go, I thought the severance package would ease the blow and keep me from feeling upset. But after being kicked out with hardly a "thank you" after all my years of commitment, the package feels empty. It's tough to accept that... — read more
No Smoke Without Fire
The recent buzz surrounding CVS planning to split has raised eyebrows, with the higher management dismissing these claims as mere rumors. This tactic seems to serve the purpose of calming employees and ensuring they stay committed to the company... — read more
Clarification on next year's layoff plans..
Many of you believe there is fearmongering going on about supposed layoffs in 2025, but you are fooling yourselves if you haven't picked up on the trend and financial downhill performance.. stop pretending that there is no evidence for massive... — read more
CVS thought it merged with Aetna, but it really didn't
We make a mistake when we say CVS merged with Aetna, or CVS acquired Aetna. The CVS that planned that deal, chose to buy Aetna over the other finalist target company, sold the deal to the Board, and executed the purchase, has completely disappeared... — read more
Average time to get a new job after layoff
I wonder if there any statistics on the average time it took the previous wave to get rehired somewhere And did they get a better or worse salary?
Let's Avoid Hostile & Toxic Environment
I may get downvoted but someone has to say it. This recent layoff has revealed that organization rewards: yes-people easy-to-work-with talking but knows when to shut up and punishes: people asking questions to ensure less problems or... — read more
Let's talk reality
In store pharmacy industry is dying. More so apparently post COVID-19. People are use to ordering their prescriptions through an app or through PCP , urgent care, and dare I say online delivery. They don't want to walk into a store and buy over... — read more
Another store closing. And this one is closing rather quickly
https://nj1015.com/in-a-failing-retail-landscape-another-cvs-is-closing-in-nj/
This has been a horrible week
I’ve been with CVS for a long time. Dodged the bullet this week, but I’m approaching 50, which is considered a very old age in the corporate world, so I’m preparing to be let go at the first next opportunity. I have been very saddened with all the... — read more
Should I apply for unemployment now or later?
Can anyone recommend, do I apply for unemployment at the beginning of my leave or wait to apply for unemployment later? Pros / cons?
Ideas for cost savings
I am too low on the totem pole to have my voice be heard on some ideas to reduce costs, so hopeful someone higher on the pole can raise these for me. Some of these ideas may already be in play. I do not know. To help us recoup money and meet... — read more
This company can't afford talented engineers
Which basically means that it will always lag its peers on a technology level. If you earn 120k or so as senior IC they view as a cost that needs to be offshored asap. Which is ridiculous when these days you make 100k out of grad school.
Once Upon a Time
Once upon a time, in a land not so far away, there existed a magical company that truly cared about its employees. “Where is this land?” you ask. Ah yes, let me tell you the tale of Woonsocket, Rhode Island, where Stanley and Sidney Goldstein founded... — read more
Any more layoffs today 10/3
Is this thing still on any reported
Question and observation about stores and warehouses.
So the last two layoffs, this year and 2023, CVS wouldn’t give any details about said layoffs. Except they were very quick to say that the store colleagues and distribution centers would not be affected. I wonder why they were so quick to point... — read more
Wanna be Amazon and Walmart
The aqustion of Aetna was a good forward thinking idea at the time of Larry and Bertilini. But where are the two now? They made their money and retired. Just like so many after them with the expectation of Karen which I predict she will follow suite... — read more