Thread regarding CVS layoffs

What is the CVS (corporate) severance policy?

I believe the Aetna severance policy will be expiring soon. Assuming we will be merged into the CVS policy. What does CVS corporate offer for severance? Is there a salary continuation period followed by severance weeks? Outplacement services?

by
| 2001 views | | 4 replies (last October 26, 2019) | Reply
Post ID: @OP+11EH1XAZ

4 replies (most recent on top)

Welcome to the world of running things the “CVS WAY”!

by
| | Reply
Post ID: @4oyj+11EH1XAZ

Best of luck. Sorry this happened to you. I was impacted with the DM cut and I understand your frustration. Life is better outside CVS. TRUST ME

by
| | Reply
Post ID: @3pkn+11EH1XAZ

I was just informed today that my position with Aetna was eliminated thanks to CVS. I’m still trying to absorb the shock. I got my severance papers today. I got a continuation for my salary until March. Cvs is a shady company. I hope this merger blows up in their stupid faces and tanks the whole company.

by
| | Reply
Post ID: @2iqv+11EH1XAZ

One week’s pay for each year of service.

by
| | Reply
Post ID: @1qib+11EH1XAZ

Post a reply

: