Thread regarding CVS layoffs

Which groups will be affected the most (for the 5K laid off)?

What's your analysis here - who will be affected the most?

by
| 8881 views | | 29 replies (last August 4, 2023) | Reply
Post ID: @OP+1nS6XZch

29 replies (most recent on top)

HR, Management, IT, anyone who isn't working directly with customers/clients or generating revenue. If your team is offshoring I'd be worried.

by
| | Reply
Post ID: @4oxg+1nS6XZch

CORAM - You’re gonna be FINE!!

by
| | Reply
Post ID: @2wet+1nS6XZch

That guy from one of the Omnicare's again, just got my promotion application denied, the day after they announce upcoming layoffs. Not exactly inspiring confidence here!

by
| | Reply
Post ID: @1amp+1nS6XZch

I don’t know about Medicare, but Medicaid denies a ton of inpatient hospital stays… they won’t be auto approving authorizations. Do you know how much DRG payments cost? 30K +

by
| | Reply
Post ID: @1ols+1nS6XZch

I feel strongly UM will be affected, even though we're currently short staffed. We make Medicare acute inpatient determinations based on MCG criteria presently, but were told that come 1/1/24, we will have to go by the 2 MN rule for Medicare (as we should have been doing all along apparently), so they'll no doubt just quit requiring Medicare inpatient auths at all, if that's true. Plus, us nurses are UM nurse consultants, and they said that consultants are part of what they're cutting. I also doubt they'll make decisions based on performance. I think they much prefer a low performer that doesn't complain as opposed to a high performer that knows their worth and pushes for fair pay and fights exploitation. The employee engagement surveys aren't really anonymous, so I'm sure they've pulled those to see who had something negative to say and have researched who has gone to HR with complaints and put them at the top of the chopping block.

by
| | Reply
Post ID: @1skv+1nS6XZch

stores, pharmacies, clinics, or customer services centers will not be impacted according to news articles

by
| | Reply
Post ID: @1abd+1nS6XZch

Those saying UM will not be affected need to wake up! The system auto-approvals means they need less humans. Read the subtext in the opening of Karen’s letter. This is AI related job elimination.

by
| | Reply
Post ID: @1kqp+1nS6XZch

CS = Clinical Services

by
| | Reply
Post ID: @1ggp+1nS6XZch

IT always gets hit. they will use this to clean up the house, adjust headcount, get rid of low preformers

by
| | Reply
Post ID: @1oov+1nS6XZch

This 87 number and only at 1 cvs drive person is full of sh-t. This has been in the works for months and months and is far reaching across the enterprise.

by
| | Reply
Post ID: @1pux+1nS6XZch

"I’m telling u this - its not as many as been said - and 100% are at hq 1 cvs drive
So relax - it’s like 87 jobs"

And where are you getting this information? What source?

by
| | Reply
Post ID: @1msg+1nS6XZch

I’m on the UM side and we are down nurses on overtime every day! I will be completely shocked if its our department. Unless they get rid of the top heavy management.

by
| | Reply
Post ID: @1yxu+1nS6XZch

I’m assuming CS stands for customer service? Call center people? I’m not sure though.

by
| | Reply
Post ID: @1tat+1nS6XZch

What is CS ? Case Management ??

by
| | Reply
Post ID: @1heu+1nS6XZch

I’m telling u this - its not as many as been said - and 100% are at hq 1 cvs drive
So relax - it’s like 87 jobs

by
| | Reply
Post ID: @1cgk+1nS6XZch

“As part of an enterprise initiative to reprioritize our investments around care delivery and technology, we must take difficult steps to reduce expenses,” DeAngelis said. “This unfortunately includes the need to eliminate a number of non-customer facing positions across the company.”

DeAngelis said that none of the company’s customer-facing employees will be let go. Those who are will receive severance pay and benefits, he added.

by
| | Reply
Post ID: @upm+1nS6XZch

I’m in the coram division and if I had to guess, it will be affecting us again. They already did a big layoff for us last year. Now with epic rolling out….has changed a lot of our job duties…

by
| | Reply
Post ID: @obr+1nS6XZch

I’m hearing consultants, data scientists, retail. Not CS/UM

by
| | Reply
Post ID: @bkx+1nS6XZch

This really just ruined my whole day and afternoon. Karen is so tone-deaf and heartless. Her yearly salary is more than what most of us will ever see in a lifetime. I can honestly say, I hate this company now. I should have left when they were forcing us to get vaccinations.

by
| | Reply
Post ID: @fki+1nS6XZch

I work for Aetna Medicaid.. we are already down two nurses. We have contractual agreements with the state. I don’t see how it could affect us- unless we lose a state rebid. We are on overtime everyday.

by
| | Reply
Post ID: @iix+1nS6XZch

There were Aetna marketing layoffs that happened a few months ago--that department is bare bones...some folks spoke with today said Retail, & some Aetna sales depts -but who knows...

by
| | Reply
Post ID: @mfw+1nS6XZch

I'm out here at Omnicare, won't say which one cause who knows who's reading, but they've been trying to get rid of us a while now. It sounds like we were some of the first to get the email too. We're mismanaged horribly, we just lost a pharmacy last month and we've been costing the company a lot of money it sounds like. They've been looking for a buyer for nearly a year but no one's taking the bait, and anyone I'd consider a boss got fired or jumped ship in the past month. I'd say if anyone's neck is on the line, it's ours.

by
| | Reply
Post ID: @dzg+1nS6XZch

Cut may affect the teams that deal with retail front stores. Since Karen is planning to replace some areas of the retail portion in the stores with urgent clinic

by
| | Reply
Post ID: @rxl+1nS6XZch

I’m on Aetna CS side.. heard a few eliminations within MSO(Medicare service ops) but unsure of everywhere else

by
| | Reply
Post ID: @fpl+1nS6XZch

Karen should have specified this, this is messy now as everyone is freaked out. All people now wonder which departments will have the highest losses.

by
| | Reply
Post ID: @mud+1nS6XZch

Look for the Medicare stars that dumped billions in revenue with carelessness.

by
| | Reply
Post ID: @gfm+1nS6XZch

I am in Speciality and it looks like we will not be affected

by
| | Reply
Post ID: @zsi+1nS6XZch

I work in Finance in Corp, I am hearing Aetna and Caremark are affected the most but I am in an entry level position so not much is shared with me

by
| | Reply
Post ID: @iza+1nS6XZch

There is nobody to cut at the store level. So, I'd say this is Corporate, Aetna, Caremark, etc...

by
| | Reply
Post ID: @gkb+1nS6XZch

Post a reply

: