I found this article and it seems that 2 FORMER aetna bigwigs have been quietly buying up large amounts of CVS stock. So I wonder if this is just a "buying while the price is low" or some kind of buying for a future takeover attempt?... — read more
Tennessee Layoffs
https://www.google.com/amp/s/amp.tennessean.com/amp/3065656002
The company has shifted priorities from people and performance to performance only
The company has shifted priorities from people and performance to performance only. CVS does have a responsibility to the shareholders to not go down the toilet and performance will help achieve that. However, it is a shame that the field level... — read more
Question for once upon a time and the company?Responses welcome
Can someone give there credentials to some else to go in and do payroll? What will ups happen if I did that. Responses welcomed?
Big Layoff coming in Woonsocket 3/25 & 3/26 (1000 jobs)
Over 1000 jobs will be eliminated on 3/25 & 3/26 at the Corp office. They will have counseling onsite and security will be walking employees out. Most of the jobs cuts will be in IT, Finance, HR and Compliance. Retail Pharmacy roles are safe... — read more
How do we stop the bleeding??
The stock is bleeding badly! Closed at $52.36 and we hit a new 52 week low AGAIN today, for a second day in a row! We might be in the 40's by the close of tomorrow's trading day. How much longer before we see wholesale dumping of everything to try to... — read more
One of the best DMs that I ever
Worked for said that I want managers that will jump in the fox hole with me!! Quote of the day back in the good ole cvs days.
CVS Closing Four Minneapolis Locations
One store in downtown Minneapolis just opened in 2008.
The CVS positions that overlap with Aetna’s most in danger of being cut?
Correct me if I’m wrong but think that there will be a mass wave of layoffs in those sectors which overlap with the same positions at Aetna. The only question is who will grab the shorter stick, the employees from the CVS side or Aetna’s
Chapter 3.1 “Beware The Ides of March”
Imagine going into you March District meeting and all your PMs and SMs knowing of your sins. Them knowing of your arrogance and hubris. Knowing you have told them the reduction in hours and added tasks are no reason they can’t take good to great and... — read more
CVS layoff .com is the way to bye pass the ethics line!
Like Trump uses TV and the media to go straight to the people with no filter , people should be proud of this site and be fact based only so that employees around the company can communicate and validate what things that they are not willing to go to... — read more
CVS a FRACTURED Company
After 40 years of service here, we are at an all time low. Stock is hovering around 53 as we speak. The word integrity has been questioned from Top to Bottom of the company. What happened to our values . CEO that allows his officers and himself to... — read more
Chapter 2.2
Chapter 2.2 Employees have been fired for letting a boyfriend/girlfriend use there discount card Store managers have been fired for doing modules for their employees even with the employees permission District managers have been fired for faking... — read more
Who else is tired of this uncertainty?
Not knowing what's really going on with CVS, not being told anything by the management, not knowing if we'll have a job tomorrow or in a week or at any point in the future... Honestly, being constantly worried about what's coming next is harder and... — read more
250 laid off in Tennessee
Cvs announced to the state of Tennessee that they will lay off 250 people on May 3!
What a Shame!
Rx puts the volume down on their phones and doesn’t answer them. This is what it’s come to people. Wake Up 𝘾𝙑𝙎 you’re going to loose Everything!
Cvs closes for NOTHING!
CVS doesn’t care one darn bit about us! And a delayed opening is about as close to a day off we’ll ever get. Even a delayed opening they probably hemmed and hawed just to make that call. Cvs closes for NOTHING! ALL they care about is making sure the... — read more
When will we see the consequences of the Aetna integration?
I’m getting a little nervous as this process continues. It’s obvious that the company sees its business being somewhat closer to what Aetna does than what we used to do before the merger.That being said, and if we keep in mind the fact that a wider... — read more
Ex Employees, why do we come to this site when the best thing we did was leave?
Have noticed a lot of "x" employees weighing in here. Personally tell myself, "let it go" but this co. has left a wound. Here is the main reason. My health care being monopolized and thought of insurance co. telling me only coverage will be provided... — read more
Probable Bust, in B&W.
Came out today, read the1st 54 pages , . Thoughts please https://seekingalpha.com/filing/4377338
CVS is quietly closing hundreds of stores nationwide
Cvs is quietly closing hundreds of stores nationwide. The Atnah deal has been a bust and the target box with in the box concept has never taken off. It has been a financial drain for the pharmacy stores who are the backbone of the companies finance... — read more
Employee t-b-cco usage...
I know that this is a touchy subject, but it really bugs me, because I HATE smoking. I hate any and all t-b-cco products including e-cigs and vaping devices, there all bad! Now we stopped selling cigs years ago, WHY does corporate still allow... — read more
And the lawsuits keep coming.
The lawsuits just keep on coming. Getting $272 ck of "property" CVS has yet again overcharged on scripts. Dependents. Kids not available? Same Ins. Want my $$$. They have been caught with these underhand tactics over and over. Now will have access to... — read more
How does cvs get away with exempt managers?
An employee is exempt from FLSA rules as an executive if he or she regularly performs all of the following: Supervises two or more other employees Primary duty of the position is management Has genuine input into other employees' job status (hiring... — read more
Store Closures
Its true, store closures are starting in April 3 stores in SF closing Apr 1st 2 in Oakland Ca closing Apr 4 2 stores in Upper Northen California Apr 1st This info was released yesterday to us. Look at your P&L at the Contra A line If your store is... — read more
Stock is crashing...
In danger of falling into the 50’s. Watch out IF it falls below fifty into the 40’s, then you might see crisis mode. A far cry from when we were in the hundreds.
This is how we fix this
Get rid or cut down the higher ups that make the most. Get rid of the DAPLs with their useless Health assessments and pulse checks. Start closing non profitable stores. Start closing down stores earlier. Ex, close at 9 instead of 10. Midnight stores... — read more
Get ready for a blood bath of layoffs
Get out , get out , get out ! It is your own fault if you stay and hope your job is safe! The id--t worker bees are safe, long time managers are being targeted for any reason they can find to remove them . Company is in save all you can mode... — read more
Future Predictions for CVS
Based on in store awareness of clientele and operations, where do you think CVS will be on a zoomed out level as an overall company? Will CVS still be sticking to the same business strategy? What do you think will become of in store strategy? Will it... — read more
CVS/Aetna - Layoffs in the Future?
Rumor has it; 2/27 some kind of announcement.
Big names on the retail side will start to jump ship soon
You will start to see some of the top VPs on the retail side leave soon after yesterday's horrible Q4 results were announced...restructuring is inevitable
Big changes
Big changes coming. All non essential stores are being closed starting next year. This change occur over the year. I am a reliable source
Things that make you go hmmmmm!
Larry sold $11.5 million worth of stock (avg share worth $69) 1/10/19... stock drops ($5 so far today...$63 a share) on earnings report 2/19/19!
Wow!
...talk about 6 hours of listening to Corporate, who have drank the Kool-Aid, count me in. Front Store Managers, you might as well find a new job, because it is all about the Pharmacy, and the new Health Hubs, and nothing else, believe me.
Companies that do this fail!
Don't assume the new test stores will be successful. We can't service our current business model.. Company won't pay an 12 dollar employee but were going to pay an optometrist their wage to sit and wait for a customer?? This company is throwing to... — read more
Just ranting
Just venting here...does anyone else have a store manger who is the nicest person to you. But then when the DL shows up he/she treats you so much differently? Makes me not want to bust my a** anymore.
mySchedule Algorithms
Anyone have any insight on how the mySchedule algorithms alocate hours? Or how hours are even assigned? I know the rhetoric is “based on customer count and prior 6 weeks sales” or something like that. But after managing multiple stores and talking to... — read more
Why is cvs so wasteful?
I could go on and on about all the area’s of waste I see.