Thread regarding CVS layoffs

BIG CHANGES

Emergency meetings happening. Get readu for the show.

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| 4581 views | | 24 replies (last September 25, 2024) | Reply
Post ID: @OP+1uFCbr2w

24 replies (most recent on top)

Tuesday

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Post ID: @1khg+1uFCbr2w

The Managers selected who was getting let go. It starts Friday

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Post ID: @1ohd+1uFCbr2w

They made their costing cutting message during the last earning call saying they identified $500MM by end of the year. as for share price being up...its up +.21% over the past five days according to a chart on Yahoo Finance.

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Post ID: @1hja+1uFCbr2w

I have a meeting with my boss this week. We meet every week but this must mean something different. He is wearing a red shirt so i think that is a sign BIG CHANGES ARE COMING.

I also noticed he was in the office early. He is always early but this feels different.

But what made me really suspicious is that we have a team meeting every week. This week he changed the time from 9:00 to 10:00 am due to a conflict. He has changed meetings many times before but i know this time it’s because big changes are coming.

I hope you all cash in your value in action points asap and continue to stress about layoffs all the time. I mean really worry about it!

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Post ID: @1jfx+1uFCbr2w

Stock price looks like someone is acting on inside info. Usually get a bump with "cutting costs" announcements.

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Post ID: @1bcw+1uFCbr2w

Service Appreciation Week Leader Info Session meeting moved from Tuesday 10/1/2024 to Monday 9/30/24 (Session 1).. Something is definitely brewing. Call Volume is way down in my area.

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Post ID: @1hyc+1uFCbr2w

There is “notifying manager” training tomorrow and Friday. Seems like a credible sign to me!

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Post ID: @1gwt+1uFCbr2w

Is it just me, or have people been posting about pending layoffs coming soon for 6 months now? I’m not saying I don’t believe it, because we just had some sudden org changes and teams shifting to different areas and tracking our work efficiency in insane ways this past summer. Just curious if there is credibility to these rumors.

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Post ID: @1wbm+1uFCbr2w

Google how companies get around warn notices.

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Post ID: @1vuf+1uFCbr2w

Warn notices will be filed the day you are fired. That’s why your last day will be the end of November. To cover warm laws.

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Post ID: @1lvw+1uFCbr2w

I always go to the warn notices - they have to be filed and you can just google - warn notices for your state and if you don't think - then go back a year and see if there were any listed.

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Post ID: @1rmz+1uFCbr2w

Why no communications, we knew last year it was coming. But yea do the survey!

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Post ID: @1frc+1uFCbr2w

There are no warn notices so..

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Post ID: @1lwp+1uFCbr2w

HR is meeting with notifying leaders later this week to tell them how to give the notices to people being laid off. It’s happening next week.

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Post ID: @1sfb+1uFCbr2w

No layoffs till Q2 2025
I’m telling just stop

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Post ID: @1ziy+1uFCbr2w
  • .
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Post ID: @lnt+1uFCbr2w

Managers are being very tight lipped, I suspect they don't know specifically who is getting let go yet. My manager was kind of short and said to expect major changes.

Kind of dreading the next several days, constantly on the lookout for a random meeting invite for a "Business Update"

Survived a few previous layoffs but genuinely uncomfortable on this one.

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Post ID: @rgt+1uFCbr2w

I’m trying to figure out what readu is and what he/she/its relation is to said show.

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Post ID: @qeb+1uFCbr2w
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Post ID: @yrf+1uFCbr2w

Major hurricane about to make landfall in Florida. Any connection?

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Post ID: @qcj+1uFCbr2w

Real vague. Real panicky, real worthless.

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Post ID: @mlf+1uFCbr2w

Spill the deets please. If you can of course.

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Post ID: @evk+1uFCbr2w

What areas?

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Post ID: @eij+1uFCbr2w

Emergency meetings? Say more

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Post ID: @zor+1uFCbr2w

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