Does anyone have insight on what restructuring will look like in retail?
CVS Corporate Layoffs thread
In today's townhall, Karen said that they will have to make tough decisions in the upcoming months. It is pretty clear that this means layoffs. With all the emphasis on PBM, it seems that PBM will be hit the hardest and other sectors might get hit... — read more
Manages closing at night
Question, does not our higher ups realize that a manager needs to be at store during the day to talk with vendors and deal with the normal everyday issues that make a store run smoothly and profitably. After 6pm all that happens is recovering and... — read more
Almost nothing to do?
Honestly, I'd rather be overloaded with work because the lack of work has been worrying me a lot lately. I know that it can only mean one thing, namely that I don't have much time left to find another option for myself?
Story on layoffs
Hi there, My name's Yowei Shaw and I'm a journalist working on a story for the podcast This American Life (www.thisamericanlife.org) about layoffs, after getting laid off myself from NPR... — read more
Would losing a job here be all that bad?
I've been thinking about this a lot lately. I keep worrying about being cut or learning that my location is closing but there's no good reason for it. I'm overworked, underpaid, and I have benefits that are not even worth mentioning. It's becoming... — read more
Lot of Red Lights Flashing ....Something Has to Give
So many things going the wrong direction. Caremark facing cost pressure from customers wanting to pay less and pharma wanting to pay more. Oak Street cost a ton of money....likely way too much New org started and ki-led in months after new... — read more
System down
I predict this is going to last more than 2 days. Today was horrible. Evidently an update is causing the system to crash. No claims could be reversed. Seriously, does no one up high in corporate think of holding people accountable for this. I'm... — read more
Not clocking out for lunch
Have an employee who hasn't clocked out for lunch for the past 2 months but has been taking them. Been employed over 2 yrs. Who do I talk to and is this a reason for termination?
No DL
We’ve been with out a DL for a month - how long will they let that ride ?
Going around open door policy
For the life of me I can't find it now, but wasn't there some sort of direct complaint line that we could get a hold of Karen's inbox or voicemail if we saw bullying at a high level. Could someone put that out there. I remember she said that she... — read more
Food for thought on this years raises
Just something I realized and wanted to know if anyone else here could shed some light on this. So many already know about the supposed "corporate accounting snafu" and managers were told to cut 5% off the top of this years raise budgets. It just... — read more
Corporate Layoffs
Heard rumors of corporate layoffs. Anyone heard anything?? Maybe to align with return to office date and possibly make people resign?
No one knows what others are doing
The company has gotten too big that there is no cross functional communication. No one really knows what anyone else is doing. And yes we all need to be on the same page to make really change. OP @3kla+1mXzkrww. Excellent observation.
Overheard coworkers talking
Overheard some coworkers talking sh-t about a certain ethnic group that works in this company. Saying they need to get laid off, go back to their country, they are stealing jobs from us etc. really broke my heart because my parents are Indian... — read more
Engineers with no work
20 of them no work at all, remote no work, they watch netflix and go to the mall all day. great company and great work culture!
Benefits
I swear when I did my benefit selection this year it stated they there would be no increase to my premium, that the company was going to cover the increase. Anyone else remember this?
Can I hire my nephew
Im a store manager Can I hire my brothers son to work in my store ? Is that against policy ?
https://www.golocalprov.com/business/cvss-lynch-named-one-of-the-10-overpaid-ceos-in-healthcare
I think this article speaks for itself. Overpaid is right!! And then come July CVS cries broke. What a shock.
Together
For this company to really get back on its feet,it takes all of us, not 1 or 2 or 100 or 1,000. It's gonna take everyone to be on the same page standing together and participating to get up off our knees and that is hard to do because we will always... — read more
Pharmacists
Why would a pharmacist come work for CVS? Correct answers only
Engineering
IT are overheads. In Engineering Full Time any one being laid off?
Contractor Layoffs starting
Their last day in next Friday June 2nd. My Director said it was more than just his area, spans business . Likely company wide. As I am also a contractor, but not impacted (yet) , so I don’t want to give too much away .
engineering
Engineer , whats new , in cvs ? they said some reorg in june?
District Leaders are jokes
I work in a state between Florida ad Mississippi . We complained for over 5 years that the district leaders were all pharmacists and did not have a clue .well that’s all changed and it has back fired. Our fs field leaders are id--ts and the emerging... — read more
Why CVS PBM lost its biggest health plan client, 40 B dollars in revenue
I know they will not punish real culprits behind loosing biggest health plan client of CVS PBM, one which had 40 Billion dollars revenue.
CTS Layoff Rumors?
Anyone hear about CVS laying off 1000s of Clinical Trial Services employees in the coming months?
There is no interest in fixing this mess
It would be nice if the leadership would really come forward and fix this company, but it seems to me that they will continue to allow more and more issues to pile up until it hits the rock bottom. I wish I wasn't right.
CVS Philadelphia, 19th and chestnut
This is the worse store I ever been in. Managers not in uniform, employees not working, managers not making employees work. The store looks like a disaster movie. It's a dirty store. Employees sitting around with nothing to do, empty coolers that... — read more
We let everyone get away with more because of covid, we are now going to hold more people accountable"?
Anyone else sick of.... "We let everyone get away with more because of covid, we are now going to hold more people accountable"? Remember when every visit was a thank you for all you do and getting through this pandemic. Now it's "oh, you were really... — read more
bonus and increments
How is bonus ,increment>
falling stock
from 100$ a stock to less than 70$ a stock, not sure why
District Leader
Is anyone else noticing a major bummer trend? Our culture is rapidly deteriorating and it's, like, a serious issue. And, let's be real, it seems to be coming straight outta the DVP or SVP level. The management there is creating such a negative and... — read more
reorg in cvs
there is a reorg at the moment for sofware engineers, any one knows what will happen? they paid hefty bonus for 2022 and gave a nice increment, whats next?
How far are we from layoffs?
Any insights?
question for engineers
I see the work/ tech is old and boring, is it true for all CVS projects? The pay is good, that's why people are staying. can we work from outside USA for a period of time? who cares, we are remote anyways! I hate going to work!
engineering
any reorg/ restructuring in Engineering , FOR 2023? Too many engineers
How CVS can fix its problems and create the corporate structure retail needs
There is so much wasted payroll, money and stock on upper management that bring little to no actual value to the retail teams. Think about all the money made by that group alone. They could restructure the hierarchy above the DLs and then use a... — read more