Thread regarding CVS layoffs

Aetna leadership?

The new guy they just named as president of Aetna probably isn’t going to make employees’ lives any more at ease with future layoffs. He’s a private equity and investment banking guy, now leading Aetna. So I’m guessing things are going to become more like a bank in the future!

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| 1151 views | | 3 replies (last September 6, 2023) | Reply
Post ID: @OP+1osccVQm

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His background is interesting, to say the least, to lead Aetna. Almost as though there is a larger play going on, hmmn. Something is amiss. Strategy for the future is changing. Makes me think there will be more layoffs at each state health plan. Consolidate all functions and retain a small portion of the team. No more local provider relations or provider contracting, etc. They will probably retain local Medicare sales since that is where the future is moving with the greying of America.

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Post ID: @1kdb+1osccVQm

Fully Agree. It is Bank culture now. All these teams DDat, A&BC, EDML etc is in capital one. My friend says even the PoD/Train concept is exactly same there..

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Post ID: @1xdf+1osccVQm

My thoughts exactly on the new Aetna president. We got numbers people at all the key leadership positions. I’m a numbers person myself, and I suspect a lot more cost cutting is coming. But cost cutting will only get you so far. you need product and customer oriented people in leadership as well

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Post ID: @1wvl+1osccVQm

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