Team just did a reorg. Look like I am safe for now
Potential April and October cuts
They have set two months for reorganization to conclude, April and October. The billing jobs in the US will mostly be eliminated by April, and possibly sooner when the outsource workers are fully operational. There may be a handful of billing jobs... — read more
performance senior software engineer
pls respond who had the performance review completed, are three parts , cash bonus, stock bonus , increment?
A tale of one troubled CVS store
What’s Gone Wrong at Pharmacies? A CVS Store in Virginia Beach Holds the Answer https://www.barrons.com/articles/pharmacies-medication-mistakes-cvs-e405367a As pharmacist-in-charge—an official designation in Virginia—regulators expected Ward to... — read more
CVS Pharmacist's Death a Cautionary Tale
https://www.msn.com/en-us/health/other/cvs-pharmacist-s-death-becomes-cautionary-tale-of-crushing-stress-at-work/ar-BB1hY1MH?cvid=af7698dc038441d49eeed417906b0502&ocid=winp2fptaskbar&ei=17&sc=shoreline
Take a guess on bonus %
What do we think Karen will tell us in the next few weeks? I’m thinking 95% incentive pool
Past Paystubs
I have been trying to get my past paystubs (you know the ones before WorkDay) since the end of December. I’ve received two incident numbers and no results. Any suggestions on how I can get these quickly?
Good luck tomorrow
Earnings call. Hope it is positive news for all.
Omnicare is as good as gone
I absolutely don't think Omnicare will be in business in two years, at least not with CVS. One possibility is they are gutting it so badly they can shut it down within a couple years, or gut it so badly maybe someone will jump in buy the scraps. They... — read more
remote engineers
remote for 2024/2025. no work, watching movies and shopping. heard getting 40-50 k bonus for 2023, company did exceedingly well. pay raise- 10% expected
Former Aetna President, Dan F. named as Chief Executive Officer for Convey Health
Back in April, CVS announced Dan was "stepping down for health reasons". Looks like he recovered fine given he was only absent for 4 months. I wonder if his departure was a result of being pushed to move from WHF in FL to CT to be in the office... — read more
Omnicare 2024 layoffs tracker
I started this thread for those who feel they want to share information about the layoffs that are supposed to start today.
Has any current employee based out of NY state...
have you checked your sick time balance since the cutover to workday? Mine have been missing and only noticed when my sick time was pulled from my vacation time.
Silent from director
Have anyone feel like their director is out of touch. We usually have bi-weekly meeting as a team but they been quiet lately. Not sure if they check out and looking for a role outside cvs. Also no need project for the team.
Omnicare reductions announced next week
As the employee in the meetings said on Monday, layoffs across the company are coming. During the Town Hall Thursday, they said impacted employees will be notified on Monday, Jan. 29, and no later than Friday, Feb. 2.
CVS offices and remote work
What is the current culture in CVS like? Is the Northbrook office in Chicago a permanent corporate office? Is it usually packed? Also, do they allow remote work if your position is out of state?
remotework and bonus
since stock is over 70, will remote work continue and is Bonus gonna be like last year?
bonus 2023
did they announce bonus for 2023. I want to take that and then move on.... how much is it for 2023, company did very well, record breaking numbers I hear!
Tyson Now … FEHB Next?
Quality and value are still important. Turn the ship around. https://www.cnbc.com/amp/2024/01/24/tyson-foods-drops-cvs-picks-rightway-pharmacy-benefit-manager.html
Omnicare admin/billing watch out another hammer is coming!
Just out of a meeting this morning. Contractors hired last year are up and running. Current staff are really going to get the sc--ws put to them for quality and productivity so they'll know who to weed out on the next round of layoffs. People who are... — read more
Good leadership would be opening stores
Bad leadership has no idea how to position CVS to achieve a larger market share and improve profits so they do the only thing they know how to do: they lay off employees and close stores. These moves will only hurt the company in the long run since... — read more
W2 Former employees
I was part of the August layoff. Anyone know how ill receive my W2? I historically received it electronically.
Engineers
Engineers fully remote- last year 120% bonus, this year 200% Bonus, 40k -50k each before tax.
Reassignment?
Any news on the realignment?
Are closings limited to locations within Target?
I keep thinking that these are just the first ones announced and they'll be followed by more. I don't see why Target locations would be doing worse than the rest of us, so to say that I'm nervous expecting another announcement would be an... — read more
What’s the typical bonus at CVS
This is my first year at CVS, do you typically get 100% of your bonus or is it more likely over 100%?
Bonus for laid off workers
Does anyone know if people who were laid off after 10/1 are eligible for their bonus still? I got a non-answer from colleague relations.
Dental
I am in dental and I've been hearing a lot of chatter that we will be a big part of the next layoff. There were already several people that were laid off last August from dental. Do you know if we are going to be hit hard or if we're going to be sold... — read more
CVS stores closing
300 CVS pharmacies that are inside Target will close between February through April of this year.
Will I qualify for bonus if I leave in February.
I maybe having an offer soon by next week. Will I be eligible if I leave before March come around?
CFR and SM payroll
Companywide posting of CFR results from last week 50% all store, managers paycheck short their holiday pay. We are off to a great start check your paycheck store Managers!!! 01-10-2024 11am
Field Restructure
Any updates on retail field realignments?
PBM Welcome Season 2024
how has it been? Many PBM SMEs with years of experience were let go including myself. Glad I was able to celebrate new year’s eve this year instead of being on-call when something breaks like years’ past. I imagine it’s been a sh1t show post August... — read more
Next layoff
When is the next layoff? Is it really March?
New to CVS
Joined CVS few month ago, can someone help me understand why there is so many lead director? Some even report under another lead director with no direct report. Is it just a title thing how banking have so many vp and avp?
Well it's 2024..... Does anyone even know what's changed?
All this talk about layoffs or budget cuts or restructuring. Retail hasn't changed, no 2024 budgets in most of the departments I talk to. So what's actually going to happen kiddos?