Thread regarding CVS layoffs

Some of the leaders define CVS as a startup

Is CVS a startup? Even if it remotely was one, why is the pay half of what a startup pays?
Some of the laid off folks are joining actually startups and will increase their TC by 50%+.
CVS might be a startup in the sense that the business is shaky and risky for employees, similar to an actual startup. But then again the pay is way lower.

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| 771 views | | 6 replies (last November 5, 2024) | Reply
Post ID: @OP+1vkphrHu

6 replies (most recent on top)

Omg CVS, a start up?!?!?! 😂😂😂 have you seen the likes of people who work in IT here?

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Post ID: @1cpn+1vkphrHu

When they say startup, they mean disorganized IT with chaos.

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Post ID: @1lhh+1vkphrHu

What platypus thinks we are a start up?

We are as "start up" as 3M or GE

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Post ID: @juz+1vkphrHu

And, you give importance to what CVS leaders say?!. Been there for 10 years, quit for good.

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Post ID: @dvl+1vkphrHu

This is just not true. Startups actually pay less because they give you the promise of a potential equity payout. Which may or may not happen.

Startups also make you work 10x as hard. So keep that in mind

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Post ID: @ind+1vkphrHu

I've had a few colleagues go to other MCOs and make 30k salary more at starting than Aetna.
I have a colleague who's been at the company right years , three of that as a LD hire consultants who then he made into LDs just to keep them as FTE, his director reports made 30k more than him!
Aetna has zero inevtative to retain its long term talent. Between only giving a 2% raise and only 80% of their bonus each year it makes it impossible to move up in pay. Aetna su-ks ba--s.

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Post ID: @ypd+1vkphrHu

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