Layoffs announced especially for engineering/IT

I’ve been around long enough to recognize a sinking ship when I see one - and this is definitely it. The brilliant new strategy seems to be running things straight into the ground. And here I am, too old for this nonsense but too stubborn to walk... — read more 

Our team is always getting stuff sent to us that doesn't fall into scope about what my team should be doing. Then if we try to decline they wine and cry. I just want to reply back to these people and say stop being a lazy smuck!

The work done by TCS is absolute garbage, they create fake problems, break internal and external systems regularly on purpose, then comes further incompetence and politics because they have no technical and soft skills to prove they deserve the job... — read more 

Please know that your surveys are being tracked and poor scores are flagged, but not for good reasons like working to improve. Rumors are true that low scorers are added to a list and results will be utilized as a package toward future layoffs. ... — read more 

Soon, CMS will demand repayment for the various frauds. The opi--d, upcoding, and home visit frauds will require billions in order to obtain delayed prosecution agreements. Don’t expect Pam Bondi to go easy on CVS. Expect more layoffs.

What’s your thoughts on this? Won’t be a surprise if peeps who were supporting an unplanned catastrophe are all converts from contractors to full time (TCS etc)

Remember to take the pulse survey and give super low scores so your leadership gets sc--wed as much as they sc--wed you on the bonus!

I guess they Rif'd enough people now so they can keep doing sports team sponsorship deals.

Are people being told to RTO regardless of what the official policy is?

I am hearing additional layoffs are in the future? Any word on Coram?

Any insights or rumors?

Offshore is basically onshore. I don't get paid enough to care, let the company drown

"A lawsuit, Benton et al. v. CVS Health Corporation, alleges that CVS Health misclassified utilization management and review nurses as exempt from overtime pay, leading to unpaid wages for those who worked over 40 hours per... — read more 

Leadership Meeting in CT for all VP's, ED's, Leaders Managing Teams, this week Monday 03/17 to Thursday 03/20. Discussion Topics: (1) Workforce Strategy and Management (Layoffs and Who will be kept...) (a) WFH, Hybrid, Onsite, Relocation Models (b)... — read more 

If your severance runs until 3/8 was 2/28 the final severance payment? I don’t have access to workday to confirm.

I called HR and since we were laid off (me in December), we can't see our bonus slip in workday just yet, but HR payroll was able to see the payslip and confirmed the amount I was getting tomorrow together with my pay. It was more than I anticipated... — read more 

I keep hearing different numbers from different parts of the org. Ranging from bonuses funded between 30% and 55%. What was the actual number?

If my pay is much lower than the base pay range, does that mean I'm underpaid? Hypothetical Example: 80k - 100k - 120k USD Annual If I'm paid ~85k, is that super low?...

Does bonus show in your workday account under payslips if you were laid off?

DOGE is coming after CMS spending. The Stars program is low-hanging fruit with spending of about $10 billion annually and limited evidence of effectiveness as per a recent JAMA article. If you are working in the Medicare Stars arena, get your... — read more 

https://www.msn.com/en-us/money/companies/cvs-health-to-roll-out-new-mini-stores-wsj/ar-AA1AvOr6 I really wonder what this means for the future of the front store.

And isn't really related to actual performance either. Agree?

Anyone laid off (severed) in 2024 get a bonus - curious...?

Was told today that my manager was only allowed to give 25% of my team a 4 rating. Got a 3, less than 100% for individual performance. Been a 4 since 2018 and 100%-150% performance since 2008. The company undoubtedly is low balling high performers.

so much that ground shipping IS FREE on orders from the CVS HEALTH promotional items gift shop! OMG!! HOW CAN WE BE LOVED THIS MUCH?? IT'S AMAZING!! OVERCHARGING FOR PROMO ITEMS USED TO ADVERTISE CVS BUT WAIT! BUT 35 BUCKS WORTH OF CR-P AND... — read more 

How much did you receive in salary increase and bonuses? Mine was 3% salary increase and about 4351 in bonus total payout

Was layed off in October. CVS just called me back about an Account Executive role with subsidiary Meritan Health. Any insight on their stability?

March 4, the company announced value-based care company Wellvana is acquiring CVS Health’s Medicare Shared Savings Program (MSSP) business under the CVS Accountable Care umbrella for an undisclosed... — read more 

6k bonus, 6% increment. Doing great, remote cash cow engineer

These factors are typically considered by companies when making decisions about downsizing or layoffs. Companies lay off employees for performance issues such as stealing data, proprietary information, and trade secrets. Using company devices... — read more 

Will CVS offer the same amount of severance package as it says in the colleaguezone document?

CVS is a Great Example of the Dead Horse Theory. Instead of dismounting, they buy a new saddle, change the diet, get a new trainer, or change jockey. The reality is that the horse is dead. CVS needs changes to the dead business model. Physical... — read more 

The next significant round of layoffs is expected in April-May, following the distribution of merit increments and bonuses. During this period, employees are often given positive feedback in performance reviews, only to face layoffs shortly... — read more 

https://www.masslive.com/news/2025/03/hundreds-of-cvs-health-employees-face-layoffs-from-mass-office.html?outputType=amp Additional layoffs in Mass office. Any other locations?

Team is growing. Remote work since boss is a buddy, watching Netflix and shopping trips with wifey and kids. Being a rockstar is not that difficult if you just lie about everything 🤡

If I quit next week (3/3) will I still be entitled to the bonus payment on (3/14)? I know bonus payout is small — just generally curious

Do I read the exhibit to the recent 10k right? Is it true the former CEO gets the full bonus? https://www.sec.gov/Archives/edgar/data/64803/000006480325000007/exhibit1067-2024.htm

What are raises looking like this year?

TCS, infosys, cognizant body shops are the biggest problem of this company CVS hardly has any legit h1b holders if you look at their job and education history! CVS is filled with scammers who are only here because of dirty business and they... — read more