Do you think there will be CVS layoffs? Any chatter, news or rumors?

Looking at last year's holiday schedule for corporate employees, veterans day was a paid day off. Is this no longer the case this year? Didn't get anything from my manager and seems like meetings are as planned on Monday. Did CVS remove the day for... — read more 

Prem will have the pharmacists cleaning toilets and stocking shelves soon.

There is a lot of rumors about 15000 layoffs in 2025, is this true?

Sounds like getting rid of dspls completely and reducing hours for dpcs

And nobody seems to care. If they think we can take on the workload and are willing to, they are wrong.

I am aware that we have a townhall meeting next Wednesday, but are there any leaders who are seeing a trend of ranking employees and preparing for more layoffs?

https://www.cvshealth.com/news/company-news/announcing-leadership-appointments.html?cid=site-CVSHealth:pr-alert:leadership-appointments:na Skip to main content CVS Health logo Company News CVS Health announces leadership appointments November 6... — read more 

Scar tissue gets accumulated over time and that permanently damages companies - how is the culture affectd??

It’s hard to understand how the ELT still holds their positions, given the colossal failure they've proven to be. If I performed this poorly, I’d be out the door in no time. But not them. They keep collecting hefty salaries and bonuses, completely... — read more 

I heard DJ is going to announce layoffs tomorrow as part of q3 results and it's starting next week, but could be a rumor too.

Do you think Human Resources will get hit hard in layoffs in 2025?

I wonder how Karen is going to score.. ? Jajajaja

Seriously all people use us for is scripts. We really dont need it. If the items were cheap sure but everyone knows you dont run out to cvs or WBA for cr-p..its expensive. Sell it all off shrink the real estate footprint.

Is CVS a startup? Even if it remotely was one, why is the pay half of what a startup pays? Some of the laid off folks are joining actually startups and will increase their TC by 50%+. CVS might be a startup in the sense that the business is shaky and... — read more 

Any ideas on what the next round of changes will be? More layoffs, cuts in hours for hourly, title elimination, or something else?

Can I please get some help. I’m reading the separation documents and as I understand it severance pay will end if I’m rehired by the company but I am not seeing anywhere it will end if I’m hired by a different company. Am I wrong or missing... — read more 

CVS Health, on the other hand, is facing significant hurdles. Challenges in its retail and healthcare segments, coupled with rising operating costs, have hampered CVS’s profitability, raising concerns about its future outlook. The retail and... — read more 

Rumors I've been hearing are that there is some shuffling already at high levels. Leaders getting moved into expanded roles and the underperforming ones added to the 2900 pink slips. Our CEO has a rep at caremark, either preform as promised or you... — read more 

I think they've not said a word about bonus because they don't want an exodus. The communication has been abysmal for the last 3 years and I'll bet they'll wait to the absolute last minute to say no bonus for the year.

Need to get rid of all executive Directors. They are useless and don’t care about the employees. They will just work them to the grave to advance themselves. No Trust or respect!

Such a great feeling

Moody’s Ratings is looking at lowering the company’s grades by one notch in the coming months, a review that could bring CVS to just a step above high-yield status. S&P Global Ratings has signaled that a downgrade to the edge of high-grade is... — read more 

Seems hopeless

Assuming the company will pay a bonus in general and you were laid off (not for reasons of performance or misconduct), and you receive severance pay, will you receive a prorated bonus? The separation guide is clear on that but the document you sign... — read more 

This dr-gstore chain and pharmacy benefits manager is expected to post quarterly earnings of $1.57 per share in its upcoming report, which represents a year-over-year change of -29%. Revenues are expected to be $92.87 billion, up 3.5% from the... — read more 

It's hard to believe how little the leadership cares about the stress layoffs are causing us. Morale has been on a downward spiral for ages, and they just ignore it. Everyone knows happy employees are more productive, but they keep completely... — read more 

Take a look at Humana, Elevance and the others. This industry is hurting and it is a good time to get out and find a new industry

Let’s enjoy the town hall together.

You'd think that with so many reorgs, CVS would be fully 'organized' by now. And if it's not, then why is nobody holding accountable those who are failing in their jobs over and over again and are proving again and again they are incapable of running... — read more 

https://www.eladelantado.com/us/us-pharmacies-closure/ Good, I say it's a waste of real estate.

https://www.google.com/amp/s/timesofindia.indiatimes.com/technology/tech-news/infosys-co-founder-nandan-nilekani-has-an-important-message-for-ai-companies-in-india-dont-build-one-more/amp_articleshow/114596728.cms "Infosys chairman and co-founder... — read more 

Can I get a show of hands from those of you who are actively seeking new job opportunities outside of CVS? I know there are some who plan to remain with the company until the very end, regardless of the current circumstances (WHY???) but I'm guessing... — read more 

How is Caremark doing compared to other CVS businesses? I came across a few job openings at CVS Caremark.

Is Cvs capable of tracking employees who work 2 remotely job? One of Aetna and one for other company. Im worried my job will be laid off soon, so Im thinking about a backup plan.

I’ve noticed more remote contractors hired. Needless to say how unqualified they are. Why are they being hired remote if FTE are being made to live under fear of layoffs and RTO?

I work from home and had Verint DPA installed on my work laptop in a recent software update. I'm feeling paranoid about the timing, given the layoff scares recently. Is this normal? What exactly does CVS want to monitor using this software? Who can... — read more 

We have been hinted by our managers that lay offs are not over and it will impact A&BC teams specially Data Scientist , Decision Scientists in our team in oct end. FYA-In the 1st wave of lay offs in oct 1st week, Data Engineers were impacted. Has... — read more 

Layoffs are the easy and lazy short term way to save a few bucks. The real problems aren't being addressed which is the massive debt and no growth catalysts.