Thread regarding CVS layoffs

Corporate layoffs imminent

Work in a shared service area supporting the PBM. 10% reduction in headcount - lists of names currently being put together. Does not include open positions or attrition at all. Should be done by 6/30 at very latest.

But don’t worry, Karen was named to Time’s most powerful list after seeing the stock plummet 30% in 3 months. Things are going well!

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| 3151 views | | 5 replies (last May 3, 2023) | Reply
Post ID: @OP+1mhLGmz1

5 replies (most recent on top)

Will this impact pharmacists at Caremark?

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Post ID: @anwb+1mhLGmz1

Can only speak for finance but my understanding is this is PBM driven due to anticipated losses in 2024 (think losing the Centene contract)

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Post ID: @2ydh+1mhLGmz1

Is this only in shared services or all throughout the organization?

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Post ID: @1efx+1mhLGmz1

So does that 10% reduction in headcount include senior executives?

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Post ID: @1gps+1mhLGmz1

What positions are on the list for layoff

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Post ID: @1duk+1mhLGmz1

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