Thread regarding CVS layoffs

Top-Level Decisions on Cost-Saving Measures

Top Level Discussions Last Week:

  1. 401K Matching Suspension: Halt for two years to cut costs.
  2. CVS Stock Dividend Reduction: From $2.26 per share last year to $0.665.
  3. Expense Reduction: Immediate cost savings to navigate financial challenges.
  4. Resource Allocation: Freeing up funds for critical investments.
  5. Short-term Stability: Helps maintain cash flow and operational stability.
  6. Risk Management: Mitigates financial risks during uncertain times.
  7. Strategic Flexibility: Enhances financial maneuverability in decision-making.
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| 1491 views | | 8 replies (last October 22, 2024) | Reply
Post ID: @OP+1v7gTZwd

8 replies (most recent on top)

I think everything is on the table including little to no bonus as well as reducing employee benefits across the board.

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Post ID: @ezm+1v7gTZwd

They're letting go all vendors finally!

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Post ID: @nzi+1v7gTZwd

Stop posting cr-p like this

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Post ID: @des+1v7gTZwd

Employee salary cut everyone below C suite 7.25 an hour until your Job is sent overseas. All Store Employees $7.25.

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Post ID: @nrr+1v7gTZwd

I’m very confused by this thread. 0.665 is the quarterly dividend (so 2.66 annual). For 2023 it was 2.42 not 2.26. So unless they just so happened to decide to make next years annual dividend equal this years quarterly dividend, I’m going to assume the rest of this is made up too until proven otherwise.

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Post ID: @nqb+1v7gTZwd

CVS Health announces quarterly dividend

https://www.cvshealth.com/news/company-news/cvs-health-announces-quarterly-dividend-november-2024.html

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Post ID: @bnh+1v7gTZwd

CVS Health To Go Ex-Dividend On October 21st, 2024 With 0.665 USD Dividend Per Share. October 17th (Eastern Time) - $CVS Health (CVS.US)$ is trading ex-dividend on October 21st, 2024. Shareholders of record on October 21st, 2024 will receive 0.665 USD dividend per share on November 1st, 2024.

https://www.moomoo.com/news/post/44700865/cvs-health-to-go-ex-dividend-on-october-21st-2024?level=1&data_ticket=1729563490522946

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Post ID: @gbv+1v7gTZwd

Fake news

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Post ID: @zwd+1v7gTZwd

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