We may have not had much h Headcount reduction in the last 2 waves but as I look across the retail landscape the conclusion must be drawn. We are staff reducing without having to pay any severance. Each store is down 4-50 hours a week in budgeted... — read more 

It took time and a lot of energy, but it finally paid off. It’s not an improvement in terms of pay, but it definitely is an improvement in terms of not being a job with CVS. Be persistent, there are jobs out there. Don’t get stuck on this sinking... — read more 

Healthy companies grow by expanding and innovating, while struggling ones rely on restructuring and layoffs to survive. It’s obvious which group we’re in. CVS will keep shrinking until there’s nobody left to lay off and nothing left to close. Saying... — read more 

https://www.msn.com/en-us/news/us/cvs-dangerously-understaffed-doj-says-in-opi--d-suit/ar-AA1w79Kh?ocid=msedgntp&pc=HCTS&cvid=636a1fffbadb42f3a06961072cf7dd60&ei=29 Department of Justice has accused CVS Health of contributing to the national opi--d... — read more 

https://www.marketwatch.com/amp/story/cvss-stock-seeing-worst-month-in-decades-as-dr-g-seller-gets-criticism-from-both-parties-a1a85d78 Besides the as--ult on the PBM business, Mizuho analyst Ann Hynes said Tuesday that discussions with a leading... — read more 

https://www.healthcaredive.com/news/centene-aca-subsidies-medicaid-lobbies-trump-admin/735385/ Let the money flow.

There are many job postings on the Cvs site. I don’t understand how they have so many and some are the same role as the ones that they let go (some at a lower level). There’s one that I am could apply for, but I’m undecided that I would want to go... — read more 

Senators Warren, Hawley introduce bipartisan bill that would force insurers, pharmacies to sell off PBMs Lawmakers are aiming the measure at "vertically integrated" companies like Cigna, CVS and UnitedHealth. By Allison Bell | December 12, 2024 at... — read more 

Any new reorgs happening? If so where and why? Thoughts? Inquiring minds want to know. Ty

Feel really bad for all the employees left behind who are helpless against inept leadership. No bonuses, stock in the toilet and losing business like crazy...sad

At this rate, CVS will be the last major retail pharmacy left still in business. And even then for how much longer? Never thought I'd see the day retail pharmacy dies.

https://www.bnnbloomberg.ca/business/2024/12/16/trump-middleman-remark-sinks-cvs-unitedhealth-cigna-shares/

The ISTS org got an email last week about fostering a safe and respectful work place. The problem is if you do speak up after calling the ethics line, they always side with leadership. If your leader finds out you are the one who placed the call... — read more 

Stock price is now the same as it was in December 2012. What desperate move will be made to increase the price?

Sentiment turned almost overnight. CVS stock had surged 11% and UNH 5% on Nov. 6, as investors bet that the Republican electoral sweep would mean lighter regulation for the group. The reality looks a lot different five weeks later. "Investors are now... — read more 

https://thehill.com/policy/healthcare/5037786-house-republicans-launch-investigation-into-cvs-caremark-for-potential-antitrust-violations/

Current store conditions are unsustainable. Two people is not a crew and stores cannot survive on the insane hours cuts, PLUS increasing workload that's constantly shoved onto store-level personnel. If you're going to cut hours so badly, at least... — read more 

Look at the stock chart. It has double peaks. The stock pays a 5% dividend and has become a “sure thing” for widow and orphan accounts. Every iteration from management was taken as positive. More layoffs - stock reflexively went up. More store... — read more 

On a follow up call with regional team after town hall.. so much silence, but for those speaking only want to say how positive and encouraging town hall was.. sad that everyone knows the horrors that have and will continue to take place, but are... — read more 

https://finance.yahoo.com/news/health-insurer-stocks-fall-wsj-171647574.html

These are new. Heartless right before Holidays. Great people. Leadership does not value employees. Company is doomed!

Dec 10 (Reuters) - Walgreens Boots Alliance (WBA.O), opens new tab is in talks to sell itself to private equity firm Sycamore Partners, according to a person familiar with the matter, the latest attempt by the pharmacy chain operator to go private... — read more 

Don’t wait to be fired. The coming layoffs in 2025 will be MASSIVE. The plan is to split the company in two. Insurance will remain as CVS Health. The Pharmacy business will be sold to Private Equity. The stores will close. It will become a mostly... — read more 

Heard the Medicare Provider team had some big cuts, but don’t have many details. Heard the cut was today and effective tomorrow, and not sure how many are affected. Pretty cruel right to do during the holidays.

I tried to work through the help that we were given from CVS, but never got a definitive answer after many conversations and was told to talk to ask John Hancock. Too tired to start again, but are we getting shares from ESPN and/or when are we... — read more 

We cant even mention cvs avps and vps as well.

Let's get rid of more people doing the actual work so they can create more high level executive positions we don't need. CVS is so top heavy now.

Started my new job and it’s so different. If you care about your mental and financial health, leave cvs CVS totally deserves its dishonest incompetent employees. And vice versa - Lose lose!

CVS Health removed photos of executive leadership from its site Security experts say healthcare companies will consider increasing physical security Threats in healthcare sector have been rising since... — read more 

They are so disconnected they are asking for PAC contributions from employees while having constant layoffs and no job security and likely no bonuses and raises. Wow. These are sick people.

He came up with supper app by talking to his 6 support friends lol

https://www.sfgate.com/tech/article/ghost-jobs-california-tech-industry-19871249.php I've read several posters here asking about why so many jobs postings for CVS and another poster talking about their buddy being laid off and finding their LD... — read more 

Be safe out there execs!

Cashing my severance check and leaving this sh-t hole is a dream

WOONSOCKET, R.I., December 3, 2024 — CVS Health® (NYSE: CVS) today announced that Len Shankman will be president, Pharmacy and Consumer Wellness (PCW), reporting to Prem Shah, group president, CVS Health. In addition, the company announced the... — read more 

Big changes! ONLY 24 HOUR STORES OPEN! VERY FEW

https://rhodeislandcurrent.com/2024/12/02/cvs-to-cut-nearly-800-more-workers-including-12-based-in-rhode-island/

Anyone else having these? Not sure what the purpose is.