Thread regarding CVS layoffs

offer me a buyout. I'll take it so fast

There's reasons why they beefed up on FWA staffing.
Still can't wrap my head around a PBM being able to submit claims to its own HCB which includes dr-g coverage.

Looks like DOJ is investigating them for Medicare fraud https://www.cnbc.com/amp/2025/02/21/unitedhealth-tumbles-12percent-on-wsj-report-the-doj-is-investigating-medicare-billing-practices.html

If we can go by precedent naturally they will investigate Aetna too but Aetna exposure is small with the relatively low Medicare membership compared to UHG and Humana

I hope CVS takes the cue and does something similar.

(Temporarily embarrassed millionaires, soon-to-be owners of the means of production down voting my post -- and not pathetic wagecucks lacking self awareness, who are subject to 32% MIP payout + expected 2% COL raise on a below industry average base salary.)

They recently freed up about 20 million a year in salary costs so it makes sense they could use it for buyouts

Curious, what are they offering employees for their buyout?

Keeps your eyes on CMS, RFK, the Kushners and Musk. Corporate decisions aren't based on employees when it comes to reimbursement from the Feds.

Capitalism's race to the bottom is accelerating. Lower margins are combated with sub-inflationary cost of living raises for some and outsourcing/automation induced layoffs for others.

They can afford to do that. Alot of people who worked there benefitted from the stock options. They can retire as millionaires. They are prepping for the downturn in Medicare enrollments as Gen X could care less about AARP and the tie ins to UNH.