Thread regarding CVS layoffs

Voluntary attrition essentially a "soft layoff”

Company has joined other major corporations in implementing a mandatory 5-day return-to-office (RTO) policy, which some view as a strategy to encourage voluntary attrition essentially a "soft layoff”.

Recent reports suggest that the number of employees choosing to leave following this mandate has been lower than expected, leading the company to evaluate additional measures for workforce reduction. These potential "other options" may include involuntary separations, employee engagement responses, or "hard layoffs." While the company continues to monitor office attendance as part of performance reviews, there are currently no specific details on which business units will be impacted or the exact timing of further restructuring.

#RTO #Workplace #Career #CorporateLife #MandatoryRTO #CompanyCulture #QuietFiring #SoftLayoffs #EmployeeEngagement #WorkLifeBalance


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| 11 views | | 11 replies (last 14 days ago) | Reply
Post ID: @OP+1krz960q2

11 replies (most recent on top)

All BS. They can’t get hardly anyone into the office as it is.

I work out of all of the significant offices regularly enough to make some observations….

Northbrook is liminal space every day of the week.

Arizona gets a lot of people, but it’s a small facility in terms of space

Texas gets people because JDJ is there. It’s also small.

Hartford has had a shitload of people moved back. But once they figure out nobody is watching, they go back to WFH. But it is still extremely underutilized. You could pack everyone from both buildings into floors A,1, and 2 of the brick building if you had to. Hartford handles the surge crowds well because it has excessive meeting space. But you’ll still struggle to see headcount surpass 3,500 in a spike when the norm pre-Covid was 5,500 (with an established WFH culture already normalized from before the merger). Now an average mid-week day is like 1,800 if that. And a good portion of the, are leaving right after lunch.

Woonsocket is an F’ing zoo Tuesday and Wednesday, but if you ever experienced it pre-Covid, the busiest days feel like a summer Friday of old. Lots of empty space, no doubling up. Finance bldg very empty. Parking su-ks still, but if you remember pre-Covid you’d have to walk across the bridge if you got there after 7:30am. This campus su-ks for even a slow day.

Woonsocket is packed

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Post ID: @1p4+1krz960q2

@OP
Good i am tired of the lazy wfh people. I am a remote engineer. I need something to watch, any ideas

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Post ID: @ny+1krz960q2

Would those people that live >25 miles from an office continue to be excluded, if there is any truth to the 5-day RTO?

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Post ID: @m5+1krz960q2

No chance it’s true as hard and fast entire company wide “mandatory” rule.

If there are some budget/headcount targets needing to be hit could see department/group level vague veiled suggestions/encouragement to try and speed up attrition in efforts to reduce any hard decisions they may need to make… enterprise wide policy with any teeth would be way too challenging to pull off. Pre-covid there were “office based” colleagues with laptops that were permitted to work remote if needed.

I have no doubt some of the top brass may prefer a fully 5 day RTO… executing that transition back to that with no remorse enforcement while figuring out how to permit the exceptions for those they want to grant the exceptions to… no chance. Figuring out how to create all the permissable loopholes to not punish those they don’t want to and term those they are ok with terming… no chance. They’d prefer a vieled fear it’s coming so people “get ahead” of being laid off and leave voluntarily

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Post ID: @hv+1krz960q2

No bloody likely. Do you have any idea how many physical sites have been downsized or outright closed??

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Post ID: @hm+1krz960q2

This was true. It was discussed in the top brass last week but surprised to see it was posted on a public forum as the discussion was very private. Looks like the top level has a mole.

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Post ID: @ha+1krz960q2

This post is garbage

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Post ID: @gk+1krz960q2

More fake AI-generated slop in a poor attempt to stoke fear. NEXT!

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Post ID: @g3+1krz960q2

For those downvoting the comments that say this is not true, do you have any information to indicate that there is validity to the post? I know they are remodeling the buildings, so it seems plausible that they will want colleagues back in the office, however to make 5 days "mandatory" seems like a stretch. Possibly 3 days?

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Post ID: @fr+1krz960q2

Fake. Several offices closing with employees being converted to wfh

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Post ID: @e5+1krz960q2

I don't think there's any merit to this post.

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Post ID: @bm+1krz960q2

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