Thread regarding CVS layoffs

Big layoffs coming to Woonsocket and Hartford

Big layoffs coming to Woonsocket and Hartford in the Shared Services areas. A consultant company has been hired to do the dirty work. The final names and numbers are currently being vetted by legal. Get ready around election week to keep it out of the R.I. and CT media. Sneaky Sneaky
1000-Finance
400-IT
45-Marketing
10-15 HR

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| 4171 views | | 6 replies (last November 24, 2020) | Reply
Post ID: @OP+16YT7sV4

6 replies (most recent on top)

This is all made up. We’re hiring 15,000 colleagues right now

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Post ID: @17uvo+16YT7sV4

Time passed.. does that mean it is not happening or is there a new time frame?

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Post ID: @17edc+16YT7sV4

This goes on every couple of years. Sr Leadership doesn’t care about anybody but themselves.
Now that LM, LB, EB and JR have driven the stock down to nothing by making poor decisions on everything in the business and every decision regarding people. Sales s— and it has been a mass exodus of talent for years.
The board should be overtaken for being negligent and letting them do this to our company. It’s not just sneaky but it’s sad too.

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Post ID: @6vhq+16YT7sV4

AP is under finance dept

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Post ID: @3sfj+16YT7sV4

They should look at AP If they want to cut some unnecessary payroll. Lots of waste in that department.

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Post ID: @2gfz+16YT7sV4

Lots of fat to trim

You are correct about the sneaky timing, and also pretty despicable that the always do this just before the holidays

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Post ID: @1wrp+16YT7sV4

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