Selling to CVS makes sense. Complacency ate this healthcare business and nobody every learned how to run it. I worked in the infamous RedRock project and I am now laughing at this because I foresaw it. Millions and millions literally wasted on multiple consultants and software companies, and still laughing at the attempt to make the RedRock system and process a package that would make CVS and Walgreens jealous. Hahahaha. The Healthcare program always was a bunch of bull and to run it, only toxic, arrogant people were placed in leadership and decision making positions. I think most of that group is gone by now, but boy, it was one of the most horrible initiatives to work for. Yes, many will be let go, especially the heroes maintaining that rusty old pharmacy system and the friendly folks at the pharmacy in my store
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to 108149: Huh?
I served time at TNC's CSC for the last two years of my sentence at Target. The worst people in the world to talk to were the pharmacists who believed everything was a Severity 1 ticket. I could handle their rude attitudes (they're the ones on the front lines taking shit from customers)but just listening to them bitch because they only had one printer for a day was just ridiculous.
They supposedly all get jobs with CVS now. Good for them. If I were at a Target HQ, I'd be shitting my pants right about now. The vendor teams that go out and get contracts I would imagine are on the chopping blocks as of this very minute. Since Target isn't going to be doing any further negotiating on getting drugs and what have you, they can all go, most of these people are at TFS. Another round of TFS people that should be very wary is GR. they have a make up of a pretty substantial size for pharmacy stuff.
Then you have the shit sippers downtown. They'll get to ride this one straight into the side of the RedRock Mountain. The new lapdog media outlet of Target, MSPBJ, stated that pharmacy is a 4.2 billion dollar a year business, and last year they lost money. When at Target (TFS and TNC) we were always told that Pharmacy was were it was at. Money to burn (again RedRock and Guest Connect) for these departments. They get what ever they need. Because they bring us so much money. So after one year of losing money, you sell off your business for less than a half of what the total value is for the year.
Make no mistake about it your buddy and mine Brian Cornell is not a CEO that's in it for the long term. Brian is a hatchet. Brought in to do things to make the company profitable, even if for just a short period of time. And then another CEO will be brought in to try and bring the company back to it's glory days. Which won't happen, because Target will be on the slide permanently by then. Don't blame Cornell, he's doing exactly as he's done in the past, and the board knows it.
Now those of you left there, have to weigh two options. Do you stay and try and get a severance package (if your like one lucky Target player, the incompetence at HR did't even note that he had put in his two week notice to go to work for another company, and they laid him off. Severance package and a new job?! PLAY ON PLAYA!) or do you try and jump ship before then.
Word has it that the market in the Twin Cities is flooded with Target refugees and making it impossible for ones who have already been laid off to get jobs. This is likely to make things worse, so choose wisely, because for while the true Grail will bring you life, the false Grail will take it from you.
And lastly, in all the time I was at Target, I never once saw a media event for telling the talking heads of the Twin Cities and Minnesota, that Target was committed to stay in Minnesota. The last time I remember something like that National Car Rental got then Governor Jesse "We Shocked The World" Ventura to say what a great company they were and how lucky we were to have them. A few months later off to Florida. If I were Dayton, who obviously has interest in this, I'd be very watchful.
Systems Development is a support / service area, definitely not in the category of Pharmacy, which is a sub-business of Target. Are you referring to TTS? They still have some dead weight, especially with turds placed in leadership / decision-making positions and making $160K+.
Completely agree. It is clear Target sees focusing on core competencies is the way out of this mess. And healthcare/pharmacies were never mentioned to be in this category so its not surprising to see this happen.
The more interesting question is systems development - certainly not a CC but may be viewed as strategic to success.