Thread regarding CVS layoffs

For those who want proof of additional layoffs.

https://www.reuters.com/business/healthcare-pharmaceuticals/cvs-exit-core-infusions-services-business-job-cuts-possible-2024-10-11/

With Coram significantly downsizing operations, this will probably result in layoffs and the article says these are NOT related to the 2,900 already being laid off. This is separate.

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| 1421 views | | 4 replies (last October 12, 2024) | Reply
Post ID: @OP+1uXf5y29

4 replies (most recent on top)

But we have to blame that one on Larry not Karen.

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Post ID: @ygt+1uXf5y29

Yep - talking to Coram folks this is isolated to shutting of the business

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Post ID: @ons+1uXf5y29

Another acquisition, another failed bleeding portfolio. And while I’m not a KL fan, these were done during Larry’s time (just like Omnicare&Aetna). All I am saying is this has been a perennial problem with CVS even before KL, so no point adoring Larry either if you hate KL

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Post ID: @ycv+1uXf5y29

Yes! You're probably right about that.

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Post ID: @xij+1uXf5y29

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