I know several folks who would have been happy to take the package and leave. They are still here and while I know it's not over yet, I won't be surprised if neither of them is affected. It's a pity that some who desperately need their jobs will lose... — read more 

CVS had a glitch in their system where they overmatched I think on final payouts. As part of their “cost saving” initiative they are clawing this money back + investment gains with zero notice. It may not be much, but do you really want CVS taking... — read more 

I am Lead Dir and lost 2 on my team. Both are better than rest of the team with one being an invaluable resource. How were they chosen? Curious

I am sh*t scared and want to know if any teams under PBM business was notified about any impact?

Cyclic vomiting syndrome, or CVS, is a disorder that causes sudden, repeated attacks—called episodes of severe nausea and vomiting. Episodes can last from a few hours to several days. Episodes alternate with longer periods of no symptoms.

I don’t think any groups are “safe”. Majority of activity is today, tomorrow, Weds. If you haven’t heard by then you should be okay. @nkr+1uLjGV8I

Skip to 2:15.... https://www.youtube.com/watch?v=fp_j-W9jSi4

See the link below: https://www.ctinsider.com/business/article/ct-cvs-health-layoffs-jobs-aetna-hartford-19804644.php

Team was told we are fine but cant trust leadership. Anyone know which teams are / will be and if i have no notice should i consider myself safe

https://www.wsj.com/health/healthcare/cvs-board-conducts-strategic-review-of-company-81dc996f?st=5QX2WA&reflink=article_imessage_share

I know 10/1 was “the day”, but it feels like a lot of teams were notified one way or the other today. Any insights?

It’s bizarre that the official announcement of close to 3,000 layoffs was just casually mentioned in an article on Heartbeat with no direct email communication from KL or any other executives regarding it.

Does anyone know what departments are being targeted this time?

Does anyone know if those already laid off are exempt or non-exempt employees? A lot have been saying only salary employees (so far) have heard and hourly will hear later in the week.

Per source

Glenview Capital was told that 2900 employees to be laid off. Most are at Aetna. Glenview is rarely involved in Activist activities. Glenview will get a board seat. The stock is up 3%. There is probably a spin off coming. KL may be toast.

Got the dreaded position is being eliminated…..last day is in December.

https://www.beckershospitalreview.com/disruptors/investors-sour-on-cvs-health-layoffs-announced-4-notes.html

Can I request to be part of the layoffs

CVS has approximately 300,000 employees, 1% is getting laid off, and no impact to retail store colleagues. How many corporate employees are there? What % of corporate employees are getting laid off?

Can anyone confirm this? March 2025: 4000 additional layoffs. August 2025: 3000 additional layoffs. October 2025: 2500 additional layoffs. This is already being planned. Make no mistake, if you are on the health plan side, you are already at great... — read more 

Logged onto the home page and Brian Henry (SVp corp communications) had posted an article “ensuring our continued competitiveness” In it, he states ~1% workforce reduction. It was posted at 7AM today (est) Good luck to those who want and congrats... — read more 

I’m so sorry if you’re impacted by this - starting a tracker to reduce the rumor mills

This is the week it’s going to happen. Stressing hard not because this place is great but the job market is bad, interest rates are still high and so many other companies are enforcing RTO or doing layoffs as well. Nobody seems to be hiring except... — read more 

Spending time looking at this forum instead of sleeping is not good for my mental health, but I can't help it. This will be a long night and it will be a very long week. I wish they'd get it over with on Monday so that we know where we stand and can... — read more 

https://www.cnbc.com/2024/09/30/cvs-activist-glenview-karen-ly--h.html

I have never been laid off before but I would not be surprised if I get let go. What do I grab for my CV? I typically keep general notes of bigger projects. Anything else you would recommend?

Review your paycheck for 09/30/2024. If you notice that your PTO balance has been paid out, it indicates that you have been selected for the layoff.

Let me get this straight, oak street was fined 60 million for illegal kick backs during the time mike p was running it. So he gets a pile of money, a cushy job with options after letting illegal activity happen at his company? The optics are awful... — read more 

Are layoffs happening or not? There is more chatter about it than usual. Way to ruin Sunday, thinking about it and coming here to check if there’s any news.

As someone pointed out on this board before. Wholesale layoffs solve none of the problems, they are barely a patch that lasts for a while. However, I don’t think leadership wants the company to prosper. They just want themselves to prosper for as... — read more 

Want to know if anyone in VP or executive positions knows any workforce reduction in Aetna architecture dept.

Unpopular opinion but this company is crazy bloated with the biggest bloat being Karen, second biggest- the cheap, incompetent IT contractors and their worthless ex contractor IT managers. Third, rest of the incompetent coasters all over the company... — read more 

Several execs are showing online on Teams right now. Anyone think this means what it appears to mean? AVP in Aetna HR was also online today. If anything is coming, I pray that all of you are safe in the way that best suits your life and your needs!... — read more 

https://ufcw135.com/cvs-strike-autho-approved/ I hope CVS gets taken to the cleaners!

I find it hilarious she declared herself the savior! Aetna past success was 100% due to mark bertolini, she was a glorified project manager.