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Did Walgreens Fail On Purpose?

If you are planning on taking Walgreens private, wouldn't you want to pay as little as possible to do so? And, once you own the company, wouldn't you want to "improve" it easily to make as much money as you can when you sell it or have it go public again?

For instance, is it possible that Pessina/Sycamore/etc. intentionally:

  1. Created a bad anti-theft policy so Walgreens would incur losses that could easily be made up after changing this policy later.

  2. Created bad losses like the doctor office scheme, etc.

  3. Paid massive amounts of money out to 'leaders' who were either friends or affiliated with each other.

The reason I thought of this is because of all the new over-stock all the stores are getting. They obviously held back on stocking the stores immediately before the sale and then after the sale, went back to making sure stores are fully stocked. That is at least somewhat of a manipulation. What else did they do.


Inside / Outside Split. Is it all for show?

In FL, (IBEW) VZB techs are being split up between two different management chains. Inside and Outside. Management has spent the last 5 years trying to get us to perform ALL job tasks (without training or tools), and now they've done a complete 180. So far we have been divided up at random, and not given any information except for, "now you are an Inside tech" or "outside tech". In areas where there are only 1 or 2 techs covering a huge geographical area, how would that work? Tech's will have to turn away work because its not a responsibility of his manager? How does that better serve our customers? Who comes up with this cr-p? Who's going to work Fiber cuts if there are no Outside techs in the area? Who's going to work CCR builds if there's no Inside techs in that area? Throw it at the wall and see what sticks.

How does format work in other Union areas?

Rumor is the company will be declaring a surplus to IBEW in Jan. Not surprised.


US IDE Townhall

I just watched the recording and something I noticed was a rather despicable technique.

Kate said that the rumor that there will be another reorg in March isn’t true. And they can’t debunk all rumors. But the only rumor that I have ever heard is there will be massive layoffs next year after P&T is integrated into the businesses. This is a very logical thing to guess they will suddenly have extra people and they may or may not wind up needing or wanting them for their services.

She then proceeded to ask if we wanted another reorg due to all of the rumors about it, which was a “joke” in really poor taste.

Keep in mind that the LT all has media training. I believe that they intentionally debunked a rumor that makes no sense and probably doesn’t exist in order to not address the one that does. This is similar to how politicians these days will say crazy things and then walk back all but 20% of it, and then it turns out that all along their goal was to only get that 20% of bold things done.

Do not trust these people. Weasel words and sus physiognomy and body language. Jokes that serve as confessions.

Another example of this technique of answering a fake question to address a real one that can’t be handled - when asked about the future of US employees, Mark remarked that Shell is dedicated to investing in the region. This doesn’t even answer the question. Spending money the US doesn’t mean it was invested in the employees or that they won’t downsize again. Think critically and be very careful with what they say in town halls. It is literally rehearsed with PR.


True or not?

RIFs have been taking place since the first week of Sept. Get with it.
Have there really been constant layoffs for the past few months? I haven't heard of anybody being cut since much earlier in the year. Yes, a lot of people are mentioning layoffs and we all know more is coming, but so far, it's yet to materialize.


Who is Frank Kos*d*

I want to revisit a question someone once posed: Who is/was Frank Kosd??

The rumor is that he was one of Frankservs buddies and got installed as an EVP with next to nothing in experience.

His linkedin confirmed this with really no previous roles listed, which is odd for someone who is an EVP at a major company.

Now I don’t even see him in Workday, and I saw him there as recent as last week…. was he freshly let go as of this week?

I’m surprised he continued for this long after Bisig left… it was always bizzare that he didn’t have any profile pictures anywhere, considering his level with the company.

Can anyone confirm he’s a real person?


What happens to AES in Jan. 1st?

Starting another thread about 2026 and the future of AES. There are so many rumors about what's next: sell company to Blackrock, split renewables and sell off Indiana or Ohio utilities to Duke, new senior leadership & board, etc. Any of these paths will ensure funding is cut and "they" force more work with less resources. Again. Let's hear what other rumors are out there.