The first half of 2024 is in the books, and the numbers are in. With an eye-watering 54% loss , Walgreens Boots Alliance (NASDAQ:WBA) stock is officially the worst-performing S&P 500 (SPX) stock year on a year-to-date basis.
What does the Secret Service and Walgreens have in common....
Both have now failed due to leadership hires whose primary focus and goal was DEI. When you let DEI drive your organization, you DIE. Hire qualified people.....period.
Imagine a world where the Top Walgreens Company Leaders were also subjected to the same aggressive Pharmacist metrics they implemented
The CPO recently stated that the company needs a lot of improvement and reported he also has been with the company for 30 years. In my current pharmacist position with the company, if you do not meet aggressive metrics on a monthly basis, you... — read more
It requires exceptional talent to run a chain of pharmacy stores to the ground
It’s a business probably close second to funeral homes in terms of the never-ending stream of customers and the potential for profit margin. I think this case requires a scientific study.
Tracey B needs to go
Over 2000 store closures in the future and as Chief Customer Officer she gets to keep her job?! Wonder how she’ll spin her bonus to us mere peasants. Don’t expect any raises or bonuses in this economy, but the C-suite will take a big pie home this... — read more
Walgreens offers little more than a meager paycheck and a lot of stress
Walgreens has crapped on its employees for years (starting with Wasson) and although Tim Wentworth seems earnest in his efforts to turn the company around, it will be difficult given current morale. Everyone has their reasons for sticking it out but... — read more
Success starts with a goal, but without action, a goal will remain a goal.............
WALGREENS has NO GOAL, NO ACTION and NO SUCCESS. Just a lot of excuses, you made a ki-ling during the covid time, all that business handed to them in covid shots, covid tests, and covid traffic in the stores....they are open seven days a week. Yet... — read more
Even Boots Leadership is Bailing
https://news.sky.com/story/boots-chief-james-quits-after-owners-5bn-sale-plan-stalls-13160781 WBA just can't get it right. No one wants to be part of this organization anymore. The list of good people who have run from this company or were forced... — read more
Race to the bottom
Tim Wentworth, blaming the mid level managers and team members for your ineptitude is such a class act! I hope you are a good dancer because you really su-k as a CEO.
No layoffs related to closing stores?
That’s what they claim. Somehow I don’t believe it.
Great Work Place
I have worked for many retailers over the years. I must say that Walgreens out shine's the rest. With their focus being on the customers has proven that it is not all about the profit. Their focus on the employees makes me look forward to going to... — read more
Jump ship
Speaking from someone who left in November. It flat out took MONTHS to recover wellbeing wise what a toxic and sh---y company like Walgreens takes from you…everything! I root for all of you to find better positions with orgs and managers that... — read more
Walgreens will close a ‘significant’ number of its 8,600 US locations
Let it all begin, and it's just the beginning. Remember Sears?
I wish I get laid off
I sincerely hope the next round is coming soon, and that it will include me. Walgreens is so dilapidated, disorganized, toxic - basically a textbook example of a business managed badly. I’m literally ashamed of working here. I don’t want to leave on... — read more
If there are Q4 layoffs, they will likely be this week.
With the 2 month admin leave they use to get around reporting publicly in advance, I would expect another round any day now if they're going to, in order for it to be wrapped up for Q4 and fiscal year savings goals.
How can it take days....
To fill a script at Walgreens? CVS is nearly always same or next day. What has happened the the Pharmacy America Trusts?? Stores look horrible and are barely maintained. Shelves are barely stocked.AND the thing they did best (fill scripts) is a... — read more
Why is Walgreens hiring right now even though they are in the gutter?
I see many software engineer openings right now even with constant layoffs. Aren't these new hires just going to get laid off as well?
The WBA Board needs to to be purged
Jan, Valeri, Ginger, and Stefano.....all need to go. Thy have done nothing to steer this ship back in course. Under their watch this company has plummeted, without a single strategic change driven by them. They are simply worthless, selfish, and... — read more
Fire Tracey Brown
How can she still be employed? Her continued employment is Exactly why this company is failing.
Get out while you still have yourself value and self-worth.
Many are leaving as I have, and what a breath of fresh air. What a waste of years I made. Total waste of years. And I see and know so many that will stay. Again all I can say is............ Get out while you still have yourself value and... — read more
Anybody worried about bankruptcy?
Stock is currently in a free fall. The executives would make out fine with a golden parachute but rest at the support center, DCs, stores, etc... would be sc--wed if company files for bankruptcy. Slap in the face for anybody that's been here for a... — read more
WITHOUT CHANGE AND SUPPORT from Leadership
a toxic workplace has much more chance of changing you than you are of changing it. GET OUT
Be careful with the Glint Survey
For some reason, people think the survey is a way to tell corporate what they think. A way to get corporate to change. It is not. The survey simply gets rerouted back to your store. So, if you say you do not have the tools to do your job. The... — read more
Pretty impressive Walgreens, Pretty impressive
95 USD▼ -35.82 (-69.19%) past 5 years
How low can this sinking ship go???
My God.....stock is at 1998 prices.....and Tracey Brown still has a job. What has this leadership team done in the last 6-12 months. Roz started the bonfire, and NO ONE has done anything to stop it. Board - utter failure. Tracy - Total disgrace -... — read more
Those that have been laid off, did they comp unused PTO?
Title Basically need to know if I should use it or lose. Really doubtful that these mo--ns would honor basic severance etiquette, but would like to know for sure.
Fire Tracey B
That is all. Have a great week, shipmates.
Walgreens do not have enough stock of peanut butter when on sale in NJ stores
Walgreens has sale on peanut butter for 2 for $5. However, most of the stores carry only one jar of peanut butter or three. I want to buy four but they never have enough in the store. And the managers told me that only Walgreens corporate office... — read more
So has anyone heard from a certain IT person today…………
Being that this Control Inventory Test today has been a complete 💩 show today would be very interested in what that certain person is saying about this. I imagine that tomorrow we will see a very earnest apology from that person.
The company continues to fail.....
yet Tracy Brown remains. Simply stunning......go visit a store, tell me she's doing her job...NOT!!!
Happy now, TLO?
No one bothers to post on here anymore bc you carry the water for WBA. They have beaten you into submission like they do their employees. Good job!!🙄
How many of the laid off AI folks already found jobs, 2+ months out?
How has the job search been like? Have you already landed a new position in the AI realm? What was the journey like? It's tough - time just flew by. Two months of the paid salary and the severance just went by in a flash. I was barely able to talk... — read more
Walgreens bets on expanded specialty dr-g business to help bring cell and gene therapies to patients
What are your thoughts on the new strategy to expand into specialty dr-gs? Specialty dr-gs are among the costliest on the market — ranging from tens of thousands of dollars to several millions — and account for roughly half of U.S. spending on... — read more
Who got affected by the latest layoffs?
The media has reported that its mostly the corporate office. What teams? Tech teams? AI team? Marketing? Pharmacy operations? Can anyone confirm if you've been notified as of yet?
Walgreens response as always...is the following QUOTE UNQUOTE
This is to the recent millions they now accepted to pay..........Walgreens has denied wrongdoing and is not admitting fault. Both parties agreed to the settlement to “avoid the expense, delay, and uncertainty of litigation,” court documents say. A... — read more
It just keep going and going and going and going and going.......
$110M Settlement Reached In Philly's Opi--d Lawsuit Against Walgreens The crooks keep a going and paying YET can't pay its own employees a descent wage. Don't have money for that, cut more hours.
How is this ...more news for your great Walgreens company......
The National Pharmacists Association-LIUNA (NPhA-LIUNA), representing nearly 900 Walgreens pharmacists in Chicagoland, will begin demonstrating at 46 Walgreens stores throughout the Chicago area starting Thursday. The aim is to advocate for improved... — read more
More cuts
Do we know if cuts are over for sure?
Why are you staying at Walgreens?
There are plenty of other places out there that treat their employees better and actually care about ethics. I left three years ago, and I haven't looked back since. I feel sorry for the people I used to work with who are still stuck in that mess of... — read more
Rinse, Repeat and Fail and Rinse, Repeat and Fail
It’s time to get out of the medical business and stick to what you know and that’s pharmacy. Could not make Take Care/Health Care Clinics work, same for Village MD, Walgreens Heath Corners and the Kroger deal.