Thread regarding CVS layoffs

In July, there seems to be a drastic cut in hours. It looks very bad at CVS.

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| 1851 views | | 4 replies (last July 14, 2023) | Reply
Post ID: @OP+1nnFsT5H

4 replies (most recent on top)

Yeah you hear about other company's not doing well like Walmart but CVS you hear nothing. CVS may be hiding what is really going on. You never see CVS in the news on any thing bad. There is something wrong with that, I think CVS is doing very bad.

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Post ID: @ezqw+1nnFsT5H

I've been with the company for 40yrs. and yes this is different but, so is the world ! However, there is a local store closing this month that was not one of the original 300. So, not being on the "list" doesn't mean you're safe. Also, having a CEO and other higher ups being paid an obscene percentage compared to years ago along with over paying and spending on acquisitions would be a different feeling. Just saying CVS is a different company and it's not all good.

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Post ID: @6rhj+1nnFsT5H

@2ptf+1nnFsT5H No OP is right. This year feels alot different then others. I suspect it has something to do with too much debt they took on, and like normal the stores suffer the most.

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Post ID: @2pli+1nnFsT5H

Original poster must be new 🤭
Very common till sept

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Post ID: @2ptf+1nnFsT5H

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