Thread regarding Walgreens layoffs

Sycamore Tricks...don't be a fool and fall for it

Store Manager/RXM bonus this year is 75% based on "company numbers" that this private company controls and self reports.

Only 25% of the bonus is based on your store or pharmacy.

Do you trust Sycamore?

Have they been transparent and trustworthy?

Their #1 goal is IPO and staging the numbers for the underwriters that determine their IPO value.

Low expenses and cutting payroll helps them accomplish their goal.


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| 1531 views | | 4 replies (last February 12) | Reply
Post ID: @OP+1kh7awynx

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@cw

As Sycamore is proving, the data and history of private equity involvement is focused on hedge fund style risky investments aimed toward high reward yields for themselves and their investors.

They have a maximum 2 year window to reward their loyal investors and will do so by any means necessary.

0% concern for any employees or patients.

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Post ID: @d2+1kh7awynx

@cw And Tim Wentworth said Sycamore is here to help so I totally believe that. There’s no way they’re here to gut the company, sell it for scrap and make a quick buck.

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Post ID: @cy+1kh7awynx

I trust them and hopeful they can save this company and the remaining TMs. Todays society always thinks there another motive. If you don't like it, leave.

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Post ID: @cw+1kh7awynx

You are absolutely correct! I don’t trust any of the numbers. The scorecards are constantly updated, and when they cannot provide you the math to make it make sense, you can tell its being manipulated to their whim.

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Post ID: @a7+1kh7awynx

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