Thread regarding CVS layoffs

Plan forward

Ok, I suggest this as the five step plan forward.

  1. Celebrity CEO Karen steps down, freeing time for her next book tour, charity event, Norah O'Donnell interview and self indulgent post on Heartbeat.
  2. Instead of breaking up the company by selling pieces, improve margins at Aetna to boost shareholder value.
  3. Aggressively pay down debt from the terrible Oak Street and Signify acquisitions.
  4. Pause layoffs and stabilize management turnover - especially in investor relations and corporate communications, which we need to tell our story. Can we please roll back to the 2017-2018 teams in those two areas?
  5. The Board should ask Larry Merlo to come back. CVS's problems are terrible management execution. Larry can make the trains run on time.
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| 1701 views | | 12 replies (last October 2, 2024) | Reply
Post ID: @OP+1uMZWztY

12 replies (most recent on top)

Karen needs to kick rocks. That message on Heartbeat today was a slap in the face.

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Post ID: @1ojz+1uMZWztY

if anything, Bellini would come back only if it was a combined deal with Oscar. He has way too much invested with Oscar at this point. And I mean stock options. he’s not gonna give that up without a big payday. It’s that simple.

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Post ID: @isv+1uMZWztY

Name a more iconic duo than KL and a tone deaf, blatantly sociopathic Heartbeat article.

Some one go beg Larry to come back, we are cooked.

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Post ID: @xhh+1uMZWztY

I’m sorry but Karen has a few more $2700 Oscar De La Renta dresses to wear while doing store tours in places like Hialeah this winter. Once she has worn them, she will be able to step aside and retire and run her fake charity with her husband and churn out a few more AI authored books between Peleton rides.

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Post ID: @kys+1uMZWztY

What will happen to Aetna employees if they are sold off?

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Post ID: @tdh+1uMZWztY

Put it in sports terms. We had a choice between Tom Brady (Mark B) and Bill Belichick (Larry Merlo) and somehow ended up with Tonya Harding (KL) as CEO.

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Post ID: @oya+1uMZWztY

Mark B was awesome. Didn’t always agree with him but he was at least transparent with employees.

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Post ID: @rwj+1uMZWztY

I'd rather work for Bertolini anyday. They should sell off Aetna and at least make life bearable for those employees.

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Post ID: @htv+1uMZWztY

This year is shot, for sure. We can't recover from the poor Medicare pricing in 2024. We can going forward, though, with a better CEO, rational pricing, fewer layoffs, a more stable management team and a functioning communications/IR group.

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Post ID: @whg+1uMZWztY

Stocks again tanking today. There is no way CVS would recover this year from poor Medicare performance. Better to jump from this SINKING SHIP.

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Post ID: @cqa+1uMZWztY

I think they will be announcing they are selling off Aetna. Bertolini was the co-CEO of Bridgewater Associates, one of the world's largest hedge funds. He is currently the CEO of Oscar Health and I bet he is making calls to test the waters with his financial contacts.

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Post ID: @axr+1uMZWztY

Amen to this. We need to change the leadership at the top and begin telling a story the Street and others will support.

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Post ID: @bde+1uMZWztY

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