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What positions were effected today?

I'm hearing some HCS were laid off today. Loads of DM. Any other roles?

Biggest surprise for me was the HCS, we can't keep our pharmacy open, but they fired the pharmacists? Our HCS used to be my pharmacy manager and she was one of the best pharmacists I've ever worked for. Why wouldn't they offer a step down? Same for DM, there are SM positions open.

This company is burning down. Get out while you can.


Can Walgreens overcome its leveraged debt? not likely,

More than 70% of the Sycamore deal is financed through debt, meaning that the private equity firm doesn’t have “much skin in the game,” according to Parr. The risks of bankruptcy are especially troubling, according to the Private Equity Stakeholder Project. In the first quarter of this year alone, 70% of large U.S. corporate bankruptcies involved private equity-owned companies, despite private equity making up only 6.5% of the economy.