Pharmacy Managers, Pharmacists, quality MGRs, and skilled techs, all accelerating their path OUT. Requisitions sit empty and the few qualified candidates are backing out of offers. Sycamore has officially crossed the point of no return. They had... — read more
Retail IT
I’m hoping for some honest feedback. I recently applied for a role in the Retail IT department at Walgreens, but I walked away with a really bad feeling about the hiring director and the overall environment. I’m wondering if pursuing this opportunity... — read more
I wish I wasn't this stressed about my job
But I'm in a tough spot right now, and getting laid off would be devastating. I can't even think about looking elsewhere because life has been throwing one thing after another at me for months. The constant worry about work just makes everything... — read more
Whatever happened to those rumored May layoffs?
Anyone heard anything?
Appropriate Role
Companies like these get doomed because they don’t recognize people’s background, capabilities and experience. They have one lens of cost reduction. The truth is person in lower level can only make their contributions that are aligned with their pay... — read more
May layoffs?
New managers have gotten to know team members by now. Do you think they are working on deciding who stays and who goes in second wave?
Payment
Has anyone got their severance payment or know when we can expect it? Single parent and trying to budget accordingly
Store closures and motives FYI
So it starts, now well publicized on the news Sycamore is closing stores under the guise of security or safety, and while that's a concern, their goals are to get out of leases to reduce their debt obligations (somewhat good), and pad their pockets... — read more
Another desperation move by Sycamore
Changing MGR review to 100% multiplier BUT still staying 25% payout based on individual multiplier. The jokes wrote themselves. Love the additional info where managers can't quit on Sept 1 beginning of fiscal and and still collect bonus in... — read more
The grass is greener
Several months ago, I was impacted by a layoff. At the time, I took it in stride - it gave me the opportunity to step back from a role that had become increasingly unsustainable, with a heavy workload, a long commute, and an environment that wasn’t... — read more
Notice Walgreens and others in this line of business...
Have medicine for everything imaginable BUT not one cure for anything.....and sell cigarettes nonstop. Purely sad...actually beyond sad. Hmmmmm all about the money much. And still can't survive.
Survey
Like/Dislike Replies
Severance?
Ok, so my "administrative leave" period is over (4/17) but I haven't heard anything from Walgreens about how to collect my Severance money. Anyone know what we are supposed to do??
Boots to have an IPO.
So it appears that Stefano's Boots chain is being spun off and will have an IPO. Don't know when this will happen as the article was paywalled, but I guess this is/was part of Mr. P's plans to regain his losses? I wonder if this would have any... — read more
Outplacement services option - Is it worthwhile?
There is an option to receive outplacement services as part of the severance plan agreement. Has anyone gotten this and is it worthwhile? I'm thinking it just covers resume creation & feedback, interview preparation, job search strategies, etc... — read more
Can AI fix walgreens systems without a human?
Can AI fix walgreens systems without a human? :) No!
Ai anxiety
Is the AI hype just a bubble, or is it a legitimate threat to our jobs? Curious to hear if you think it’s just a proof of concept or if we should actually be worried about workforce disruption.
Now that Admin leave is over, has anyone received their severance + unused PTO?
I would like to know how soon to expect what we are owed.
Toxic boss
Toxic boss believes no one can look good besides the toxic boss.
This company is headed for the trash heaps of history...
Mandatory distribution of performance reviews will always lead to cutting those with institutional knowledge. As one moves up, the number of people you are distributed against becomes smaller and smaller. At some point, you are no longer talking... — read more
Last Week for February Layoff People
How did we all do with the job search? I was blessed to be able to snag a job pretty quickly. To the people who are left behind: you will NEVER have less work than you do right now, but you'll probably have more eventually. Private equity isn't going... — read more
Policy on working a 2nd job
Its not clear to me on walgreens tolerance on people working a second job in parrelel. Also is any one doing it? Personally would rather have a back up in case I get fired 💀
May layoffs? Round two?
May layoffs? Round two? Does anyone smell may layoffs prior to desk movement in June? Are there new onshore/offshore people joining your team?
Manager and team member shuffling
many people at walgreens have become too comfortable with their managers or other team members. They have informal agreements and they don’t bother each other. walgreens employees who go somewhere else are become a very good contributors because they... — read more
This article does start to hint at the future plans.
Stefano Pessina vows to rebuild ‘all the value’ lost at his Boots empire https://share.google/tVf43dzmGFX0ayEog Private equity is indeed ruthless, and Mr. SP won't go away.
Sycamore plans to double Walgreens profits.
Unfortunately the news article is paywalled. But how exactly do they plan to double profits? More cutbacks?? Is this the part where private equity starts doing what they do best, cut everything down to nothing to maximize profits?? Here is the... — read more
Oil crisis, WFH should be considered
Oil crisis, WFH should be considered $200 a barrel if we don’t act fast and use up our reserves which may be needed for war.
Sycamore tricks continue
Great town hall, love the continued ask to do more without any mutual benefit. No real numbers, just colors and words No guarantees to top level performers for bonus or compensation What would intelligent leadership look like? Go into the... — read more
Any update on GCC?
Any update on GCC? Total capacity? Type of roles in GCC? Timeline?
What's it gonna be Sycamore?
You want MORE certified experienced store managers to quit and leave because you're not giving them real transparency into bonus and compensation while expecting more results and giving them less resources? What does the talent pipeline look like... — read more
Store Manager Severance
Voluntary/targeted severance. The old guard is ready to leave and just cashing checks at this point. MGRs are disengaged over the ridiculous demands, broken equipment, increased micromanaging, and 25% individual store bonus multiplier...getting... — read more
What’s the actual point of Walgreens keeping its online retail business alive?
If an entire online retail sector is bleeding money and racking up consistent losses, why are we still pouring resources into it? Why can’t we let those employees go or redeploy that talent pool into areas where we actually make money? Our prices are... — read more
To Control gas prices & save the our reserves, Should WFH allowed until war ends?
To Control gas prices & save the our reserves, Should WFH allowed until war ends?
Walgreens layoffs confirm concerns after private equity buyout
https://pestakeholder.org/media_coverage/walgreens-layoffs-confirm-concerns-after-private-equity-buyout/
Insomnia?
Insomnia?
Any suggestions on making company better?
Any suggestions on making company better?
Never been happier
I left the micromanaging gaslighter at Walgreens who policed my face and now I make more money and sleep better.
Do you think leadership actually wants to keep this place running?
I've never seen or heard of a private equity takeover that didn't gut the company. Always ends in disaster. Unless you're a cash cow with zero effort, which we're definitely not.
Run don't walk...
Walgreens is doomed. A company that is firing so many people, and then giving artificial titles to try and keep others on board is a huge red flag. There is no future at WAG. The leadership team is a shell of talent, most 2nd or 3rd choices as the... — read more