Thread regarding CVS layoffs

Any media coverage so far? What are general comments?

by
| 3232 views | | 12 replies (last August 2, 2023) | Reply
Post ID: @OP+1nSQ2ChB

12 replies (most recent on top)

I don’’T think any reps are getting laid off. So the Manila story is probably false

by
| | Reply
Post ID: @2rga+1nSQ2ChB

https://www.stamfordadvocate.com/business/article/report-cvs-health-cutting-5000-jobs-18271921.php

A CT senator and Representative will help CT residents any way they can--I won't hold my breathe...

by
| | Reply
Post ID: @1zbc+1nSQ2ChB

Wall Street Journal and Bloomberg just reported on it.

https://www.wsj.com/articles/cvs-to-shed-5-000-jobs-in-cost-cutting-push-f3169979

by
| | Reply
Post ID: @1meh+1nSQ2ChB

They are wanting the Manila reps to take most of the calls. This is why they are laying off 5000 us reps to keep them

by
| | Reply
Post ID: @1jqr+1nSQ2ChB

The Layoff was the first to report:

https://twitter.com/TheLayoff/status/1686113098090921984

by
| | Reply
Post ID: @1pac+1nSQ2ChB

Three links on Google news as of 9PM EDT:

https://turnto10.com/news/local/cvs-health-layoffs-nationwide-southern-new-england-woonsocket-rhode-island-headquarters-non-customer-facing-positions-marketplace-changes
https://www.wpri.com/business-news/memo-cvs-plans-to-lay-off-5000-nationwide/
https://www.golocalprov.com/business/cvs-to-layoff-as-many-as-5000-impact-on-ri-unknown
by
| | Reply
Post ID: @1irj+1nSQ2ChB

Two things: First, I wouldn't trust anything that comes from the mouth of a CVS spokesperson. Their paid to spin the narrative into the companies favor to make them look good. And second, CVS pretty much has the media in their back pocket, so give it three days after it hits the news cycle, and the story will be gone, cause the CVS PR department will bury it.

by
| | Reply
Post ID: @1vvi+1nSQ2ChB

WPRI and WJAR have articles on their websites.

by
| | Reply
Post ID: @1sae+1nSQ2ChB

Seems like they’re keeping it hush hush. Nothing on tiktok yet

by
| | Reply
Post ID: @dsz+1nSQ2ChB

Amanda Pitts - WPRI @
11m . g
CVS layoffs... are you impacted?
The company told 12 News that "a number of non-customer facing positions across the company" will be eliminated.
"We do not expect there to be an impact to our customer-facing colleagues in our stores, pharmacies, clinics or customer services centers," a spox said. WPRI
12
© 2
3 shares. Facebook post

by
| | Reply
Post ID: @mvj+1nSQ2ChB

Nothing in the news yet, wait until tomorrow

by
| | Reply
Post ID: @lrs+1nSQ2ChB

The only thing I see is this Tweet, I am sure there will be more soon:

https://twitter.com/TheLayoff/status/1686113098090921984

by
| | Reply
Post ID: @zph+1nSQ2ChB

Post a reply

: