After two decades, it feels like I was nothing but a number. I was always on time, going the extra mile, and never received a single complaint about my work. None of that did me any good. Here I am, jobless and frustrated. CVS, you should be ashamed... — read more
TM's Last Salary. Imagine How much he gets in CVS for all the BS?
TM's Last Salary. Imagine How much he gets in CVS for doing total BS? https://contracts.justia.com/companies/mgm-resorts-international-880/contract/225278/
Next round of layoffs is rumored to be in December
Rough math here. They need to save 2 billion. If 2900 people were laid off and they each made 100k, that doesn't equal 2 billion. If you have been moved to another department and there are multiple levels of the same job level reporting to each... — read more
Is there any extra help for laid-off employees?
This might sound like a silly question, but is there anything beyond the typical severance package for employees who’ve been laid off? I'd mainly like to know if they offer job counseling or any retraining programs to help people transition. Or is... — read more
No surprises here
Considering how we've been doing business in the past several years, did anyone think we'd be in a different spot than we are now? To me, it's no shock we’ve hit rock bottom. CVS' entire setup is outdated - there's hardly anything that doesn’t seem... — read more
From all hard working Engineers to leadership
https://youtu.be/9LGV1CTQXTM?si=ekvn-BtLcU6FkRhw
Warn notices for 2025 NJ
https://njbiz.com/another-round-of-layoffs-coming-to-cvs-health-in-new-jersey/
Any truth to the rumor Elon Musk looking to buy CVS pharm division?
Heard a rumor from Treasury that an entity believed to be tied to Elon Musk has initiated due diligence on the pharmacy division. Sticking it to Mark Cuban?
Affect on RTO?
Anyone know if David’s appointment to CEO and changes to the ELT will affect RTO policies? Anyone know their stances?
Aetna Town Hall
Disappointed in today’s Aetna Town Hall meeting. The ELT did not mention the 2900 in layoffs earlier this month were the potential for more. The Townhall also did not allow enough time for questions. Or maybe that was their plan.
Overstaffed team
Anyone's team feel a little overstaffed? I feel like we should have trimmed our headcount a bit but we were not impacted at all, while teams that need more people got colleagues axed.
Someone is calling Tilak
Someone is calling Tilak while he is speaking at the Aetna town hall. Who is it???
LDP and DJ
If DJ fails, does that mean the leadership development program failed?
Aetna Town Hall
Any idea what they will discuss about? They
CNN News headline: The hottest trend in executive leadership: Bring back the White Guy
https://www.cnn.com/2024/10/22/business/ceo-diversity-nightcap/index.html CNN News headline: The hottest trend in executive leadership: Bring back the White Guy CNN News last paragraph: "The business case is clear. But the reversion to the mean of... — read more
Another District Realignment?
Is there any truth to another Divison/Region/District Realignment in 2025? Earliest realignment I knew of since I started was in 2018. Then small change in 2021 and again in 2022. Then a complete realignment in 2023 and another complete realignment a... — read more
Nobody cares about age discrimination
The majority of those laid off are in their 50s and above. It feels like age discrimination is out of control here and nobody cares. Nobody is talking about it, not to mention trying to do something about it. Is this the case of "if it's not... — read more
Karen - CarePass - Breaking News
To get her 18 months pay Karen must sell 100 Carepass at her local CVS each month.
The lack of transparency is heartless
There have been no announcements of what departments or jobs have been eliminated. We have no idea who is still left or who we should now be working with. It's like a very stressful waiting game that is devastating to moral and ability to focus and... — read more
Anybody returned after resigning?
I wanted to try something new and resigned 3 weeks ago, but the new gig isn’t working out. So, I reached out to my previous manager, and they are willing to take me back, but I still need to go through the hiring process though. Has anyone been in... — read more
corruption and kickbacks
Roger Farah needs to clean up ship by investigating fraud, corruption and leadership kickbacks within the company. Its been going on far too long. Some of the leaders that have been there for 20 years have seen that.
Kicking the Messenger
Aetna/CVS has a long and colorful history of retaliation. Managed by insecure dimwits, they consider transparency and constructive advice to be “rude”. Did you know that 4 years ago, almost to the day, management was advised that claims fraud was out... — read more
Roger Farah Slash and Burn
CVS needs an innovator. Roger Farah is 71 and is a Bureaucrat’s Bureaucrat. He has mastered slash and burn. Cut the dividend, layoff workers, close stores, fight shareholders, beat suppliers and move operations offshore. How about IT innovation... — read more
More Pressure on CVS
Walmart (WMT) announced Tuesday it will offer same-day prescription delivery services in six states, with a plan to roll out to all 49 states in which it operates a pharmacy in by January. The first six states are Arkansas, Missouri, New York... — read more
Layoff severance package - 1 yr or less - grade 109 or higher questions
Who was with Aetna for only a year or less was affected by the layoff. Having a grade level of 109 or above (tier 3 - manager and above). Did you receive 13 weeks and a bonus payout from your severance package?
At some point the Feds come in...
https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41432427/cvs-health-preannounces-large-earnings-miss-but-analysts-stay-bullish-on-long-term- Organizations that perform this poorly eventually go to DC for hearings... Insider trading, no... — read more
Karen's LinkedIn DELETED!?
How the mighty have fallen, lol. Karen's LinkedIn is GONE! Vanished without a trace... #BYEEEE
Town hall
Lost internet..what was said?
Karen should become a magician
Sges so good she made 60 billion in market cap disappear!
TOWN HALL THIS MORNING...
Buckle up, Buttercup...
There are better alternatives
There are plenty of companies that don't treat their employees like cr-p like CVS. This was never a people friendly company. It was an average workplace at its best, and it's a horrible one at its worst (which is right now). I don't plan to wait for... — read more
Top-Level Decisions on Cost-Saving Measures
Top Level Discussions Last Week: 401K Matching Suspension: Halt for two years to cut costs. CVS Stock Dividend Reduction: From $2.26 per share last year to $0.665. Expense Reduction: Immediate cost savings to navigate financial... — read more
CVS has been in decline for too long now
And there have been no attempts to change the course. A lot of flowery words from the top which mean nothing, but in essence there’s no strategy, new ideas, nothing. I have survived several rounds of layoffs, and the only thing that keeps me here is... — read more
Did Karen's lap dog get let go
did the lady that was responsible for gatekeeping for Karen get let go too?
No Raises or Bonuses?
There are rumors speculating that there will be no pay raises or bonuses this year. Is this true? Just trying to set expectations for myself as I may need to either find another job or get a part time job.
DDAT projects with offshoring was not managed properly at all. Saw the writing on the wall years ago.
DDAT at CVS was dealing with significant project management and accountability issues. Overcharging and a lack of clarity about who was working on what, especially with offshore teams, led to massive inefficiencies and budget overruns the past few... — read more
Return to CVS
Has anyone who was laid off returned to the company ? Was the new job better pay or the same as the previous job ? I would be very afraid to return to the company since it looks like you will get laid off again.
Volunteer for the next layoff?
Is there a possibility to volunteer for the next layoff at CVS? What steps do you need to take to request it?