Thread regarding CVS layoffs

Layoffs coming again? June or July?

When do y’all think next layoffs will be? May June July? All 3?

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| 2362 views | | 9 replies (last May 15, 2024) | Reply
Post ID: @OP+1smG7Yhf

9 replies (most recent on top)

Saw a teams message about a EIS all hands yesterday. Sr Mgr. said not to worry no issues for us. lol that’s BS I’m sure. Once more unto the breach!

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Post ID: @btvn+1smG7Yhf

Speak for yourself some of us never log off

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Post ID: @3wuo+1smG7Yhf

I think layoffs will be announced just before next results to buffer investment sentiment. So Jul-Aug. the question is not If there will be layoffs, the question is size now

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Post ID: @3opj+1smG7Yhf

I wish they would offer some sort of early retirement plan for older employees that are close to retirement (hint, I would gladly accept it). Younger folks are starting to leave on their own to escape this constant layoff upheaval.

In the end, getting rid of your most important assets (people), won't make up for poor management decisions like taking on (and selling) more unprofitable Medicare Advantage plans.

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Post ID: @2nop+1smG7Yhf

engineers met and were told we are safe for 2024. so much money they have!

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Post ID: @2oip+1smG7Yhf

Layoffs look inevitable. any IT budget issues you are seeing on the PBM side. good luck to all

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Post ID: @2wcg+1smG7Yhf

The real question isn't just layoffs but will they add any store closures on top of it. That financial report was really bad. Even wall street investment firms lowered their price targets for the stock significantly. So will they cut anything more than just people?

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Post ID: @1uya+1smG7Yhf

I'd say May or June. There's an all-hands meeting next month that's very important but remote. The only question to me is how big. Things are in much worse shape than when they cut 5%.

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Post ID: @dln+1smG7Yhf

no layoffs, they have billions of $$$ to save hundreds of slackers, working from home and producing nothing!

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Post ID: @ldp+1smG7Yhf

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