With no end in sight. All the way through October. I curse the day I started working here.

House cleaning time before the huge layoffs in October. CCO Dave Falkowski needs to go, he was a confidant of Chief People Officer (lol what a title), Laurie H. Karen has Dave F the chief compliance officer do her dirty work, he’s such a su-k up that... — read more 

A&BC should see the lay off in next few weeks. Got the news from a A&BC data scientist. They have hired some incompetent Senior Managers and Directors who have no idea what's going on with the Business and have zero technical skills. Plus they get 2x... — read more 

I wonder if anyone ever made an analysis of the actual cost of reorgs/cuts/layoffs vs. savings and company growth. Cost-cutting which is happening all the time everywhere is negatively affecting efficiency, streamlining, rational utilization of... — read more 

I can understand the firing of the president of Aetna. But firing Laurie? Why? How is that going to solve any of CVS’ problems? And how is a McDonald’s executive gonna help anything? It’s Human Resources, not anything related to pharmacy or... — read more 

I’ve been hearing here and there that we can expect layoffs in greater numbers next week. Anyone know anything about it? I am terrified of losing my job atm, notwithstanding how much I hate working here. I’m just hoping to last for another few... — read more 

Been here for 2.5 years and super nervous I’m going to be in this next round to the point I can’t sleep. Just bought a house and have a wedding to pay for later this year. This couldn’t be a worse time to be facing layoffs.

Any idea what will happen in Tony’s mandatory meeting today?

I am a Director and I was advised today my 2 Direct Reports I will be laying off Monday morning. I had zero say on who would be laid off or not.

They fire Laurie. They hire someone who has absolutely no experience in the insurance industry to replace her. Beat around the bush at the last 2 town halls about getting rid of “duplicate positions” whatever that consists of. They have NO clue what... — read more 

This place is going to become dysfunctional the more te---r they inject into our lives. This place is not healthy anymore.

Wow Tata consultancy contractors are totally ruining CVS inside out. I see these incompetent folks top to bottom ruin the engineering culture daily. Ex contractors engineering leadership playing politics, constant lies, backstabbing, harassing non... — read more 

Do you think Laurie got to take all of her shoes with her when she was shown the door? I wonder how it feels for her to join the ranks of those she laid off last year.

If you think about it- they serve no purpose. If you are a store manager you are paid to hit your metrics and put out the fires in your own building. Same with pharmacy managers…. Every store should have an SMIT, PM emerging leader a regional can... — read more 

Aetna side…..Talked about layoffs in a unit meeting on Monday (general question that was asked) and the supervisor said no worries about JE in our location. Logged on today to a scheduled 15 minute call next week with the 5 newest members of the... — read more 

What will it take for CVS stock to return to the highs of 2015, when they eliminated the sale of cigarettes in stores? We’ve added $15 trillion to our national debt since then and the CVS’ market cap is literally half of what it used to be. — read more 

The problem with CVS is that it does not know what it is- Retail store? PBM? Insurance company? Health care delivery? You cannot do all these things well despite KL delusions. Insurance is a crazy business right now that needs laser focus to succeed... — read more 

If you didn't notice, Karen was a non factor today on the town hall. I think she's done and it's just a matter of time.

The company town hall today kind of came off as positive other than regarding the Aetna business, and didn’t seem to allude to company-wide layoffs, which was surprising. What’d you guys think? Maybe I misread the tone…

I don’t want to work at CVS anymore. It’s getting gradually worse. I’m not happy with my manager, my compensation, and the general bad vibe with all the layoffs and leadership’s obvious incompetence. I’ve been offered a couple of jobs and only one... — read more 

Any chance we could get a thread that is just centered around what people have heard about layoffs? As a fully remote employee, I hear very little in terms of rumors and would appreciate any insight that is floating around. I lost 25% of my team to... — read more 

I can understand the idea behind a change of leadership in a business unit that failing right now. However instead of putting a new president in charge of Aetna, she essentially just put herself in charge. (and the CFO too, but KL said she'll be... — read more 

Since we are a health company, terminate any leader who has a BMI over 30 or type 2 diabetes. The savings of reducing the huge will be huge. If you down vote this post.... you are a fat F.

The week has come and gone, and the only person eliminated is Brian Kane. You should be sleeping as well as Remote Engineer. Nothing to see here.

Is it transparent to anyone else that Karen wrote that book to back her Board into a corner by not firing her now that she’s immortalized her face as the CEO of CVS Health on the cover? And why do executives (and spouses of executives) at CVS Health... — read more 

It’s pointless and actually sad. Is it possible that any corporate leadership still believes that the cheap show works? These town halls are for whom exactly? I would have much more respect for upper mgmt if they were straight talkers, particularly... — read more 

Karen seemed clueless and really doesn't understand things in detail. I'm even more convinced she has no business being a ceo here or anywhere. The pathetic questioner at the end propping her up and giving her kudos for running the company into the... — read more 

I know Brian Kane was a strong proponent of in-office work, do you think him being removed will have any impact on that moving forward?

Don't buy Oak St and Signify for $20B and then look for $2B in cuts and savings. Huge mistakes!

CVS is understaffed as it is, even in the back office. 25000 seems high. but who knows. we live in an age where a company makes 1.8 billion in profit in a quarter and that’s not enough and they are willing to sacrifice more workers and institutional... — read more 

She ousted some upper management and replaced with Aetna employees which is good.

“To help turn things around, CVS said it will initiate a “a multi-year expense management opportunity to deliver $2 billion in savings” that will include “streamlining and optimizing operations and processes.” How will it happen? Workforce... — read more 

So here we go again waiting to hear of the inevitable. Wanting to find out if you’re next on the chopping block. Stress is now back at an all time high just like last year. This really su-ks. Just like riding a bike you don’t forget how it feels…... — read more 

For layoffs if there is a certain number of people getting let go, it is filed with the state. WarnTracker is showing 27 people in NY now getting laid off on 8/17/24. Hopefully this will help them to invest more on big bet “futurist” programs to... — read more 

Be better

Ivy League - CVS Job Titles: Product Representative, Store Clerk, Supervisor, Store Manager, Analyst, Project Manager (Often Gets Negative Reviews and Terminated every three months) Princeton University - CVS Salary $50,000.00 Harvard University -... — read more 

This place is circling the drain and if you think Karen is going to save it, you are mistaken.

We are talking about the C-suite and shareholders bottom line, who are happy with money extraction for as long as it lasts. Company doesn’t matter, employees don’t matter, and nobody cares if the company will even exist in a couple of years. That’s... — read more