Thread regarding Walgreens layoffs

RIP Walgreens. $7B MCap, very little cash, $34B in debt. I'm sure many companies look like this under the hood—assumed debt’d be cheap forever!

by
| 1221 views | | 6 replies (last September 9, 2024) | Reply
Post ID: @OP+1uo5VJGd

6 replies (most recent on top)

Don't be so quick to write things off. The AI team has been making tremendous progress with some state of the art solutions that potentially have market wise ramifications. We're on the verge of releasing a healthcareGPT under the able leadership of the best and most kind person. Hold your horses! We'll take WBA to the moon

by
| | Reply
Post ID: @2nlp+1uo5VJGd

This is what happens when powerful financial interests install their own people in order to mismanage and create chaos with the goal of short selling and looting the company from within.

by
| | Reply
Post ID: @1ozp+1uo5VJGd

Upper management probably knows more than they're saying about the state of the company but how can you rally the troops if everyone thinks they're on a sinking ship? My question would be: What's in it for me if I stick it out with Walgreens and the company's fortunes improve? Will working conditions improve or do I just get to keep my same miserable paycheck-to-paycheck job with no noticable improvement?

by
| | Reply
Post ID: @1blc+1uo5VJGd

It’s almost as if upper management knows the ship is sinking, and is deliberately keeping quiet. Under $9 a share and continuing to fall, and yet crickets from executives? Something’s not right.

by
| | Reply
Post ID: @1hnh+1uo5VJGd

Just like Big Lots they decided to sale lease back everything to pay dividends and stock buybacks...

by
| | Reply
Post ID: @bhe+1uo5VJGd

And just think the CEO and Board of Directors are silent. What does it take for them to be embarrassed, let alone fired. The employee morale is beyond terrible. At least try and show you care and have a plan. You are the joke of the industry truly the joke. You would think you would have some pride. Pathetic

by
| | Reply
Post ID: @gwe+1uo5VJGd

Post a reply

: