I may seem like an “alien” on this board, given that I’m not a WM employee. My husband works as a pharmacist at one of the WM locations, and he is scared for his job, and stressed out to the maximum. I was hoping to get some info here on just how serious is that situation with pharmacists and to what extent will it go. Is everyone with that job in danger?
7 replies (most recent on top)
saturation is VERY real, i am a WM pharm manager, (for now), go do your research, there are no jobs left for the pharmacists in any sector, especially retail. They graduate about 15,000 a year with an estimated demand of ~4000. That said I see nothing more than wal mart cutting help and driving the higher paid people out. They have big talk about how they are going to implement new ways to streamline the operations to make our jobs more simple ya know? with the reduced help and all, but all they do is cut. And this is coming from the company that spent a billion on a TV commercial (and store ad campaigns) which say "INVESTING IN AMERICAN JOBS". When in fact they are doing the very opposite. They are liars and thieves at this point.
CVS is in a cut costs anywhere you can mode too. And cvs cares very little for their employees. So join the club.
It looks like Walmarts layoffs are a simple numbers game. Walmart hired an outside outfit to draw numbers to make it appear Walmart isn't playing favorites concerning the layoffs, but Walmart gave the outside outfit a set of specs regarding the percentages of people being laid off. Walmart is rolling the dice that those drawn include a good percentage of higher paid people, who can then be replaced with lower paid people created by the boom in Pharmacy schools. I'm certain that in some cases, techs and cashiers won't be replaced, but Walmart needs pharmacists in their locations, so they are doing what they can to cut pay. Unfortunately, that affects good dedicated people.
Remember: Very few corporations care about good dedicated people anymore.
It’s much more simple than all the reasons listed… this is simple math people… e-commerce loses $1 billion & since e-commerce makes up 2% of the revenue it only makes logical business sense to go to the 98% that’s driving your business model to determine where the fat is that you need to trim. Everyone knows that RxPh’s or pharmacists get paid $100/hour. Coupled with the fact that they are implementing some serious innovations.
Yep… trim some fat. Bam … nailed it.
I'm not sure I 100% buy this business of market saturation with pharmacists. In my area CVS, Walgreens and even a couple local ma and pa stores are hiring gang deep.
I think this is Walmart being their typical, increasingly greedy selves.
https://www.d--gtopics.com/latest/future-pharmacy-automation