Last minute end of day meeting called. Aetna departments moving.

https://www.ctinsider.com/business/article/ct-cvs-health-layoffs-jobs-aetna-hartford-19804644.php

https://www.wpri.com/target-12/cvs-to-lay-off-632-people-employed-out-of-ri-as-board-mulls-breaking-up-company/

Another 3,000 with a lot being in Rhode Island https://www.providencejournal.com/story/business/2024/10/07/cvs-layoffs-announced-632-ri-based-jobs-impacted-warn-notice-rhode-island/75556284007/

Layoffs going on, yet leaders posting on LinkedIn what a great place CVS is to work. What a bunch of insensitive out of touch clowns. This message is outright comical. Empathy.... bwhahahaha ____________________________ Working at CVS Health... — read more 

Can’t believe it’s happening but also am concerned for those in other positions as well. How high up do these go..? Are directors being laid off too? I can’t even fathom having to start over now, I’m miserable at best but have been overworked for... — read more 

Any news about next week? Will there be more cuts?

It has been over four years since I last handed CVS money for anything. CVS isn't doing well. Although I'd like to take credit, the truth is more and more people have simply had it with CVS. Now the local 24 hour CVS isn't even 24 hour anymore... — read more 

IT culture is horrible in this company. How did it get so bad?

Ask yourself this: Do I trust this leadership? Do I see a good future for myself here? Once you answer them, start looking for a new job (since I'm certain not many will answer with a "yes" to either of them).

I am really confused about why some people seem to have strange empathy for the company by saying that every major US company does routine layoff and it is common for capitalism. I can understand a company spoken man will say that. CEO may try that... — read more 

Why are there like 23,000 open jobs ? Are these just all fake jobs ? Also wanted to get people's opinion. If someone who was laid off, should try to get another internal job or only look outside of CVS ?

When I learned I was let go, I thought the severance package would ease the blow and keep me from feeling upset. But after being kicked out with hardly a "thank you" after all my years of commitment, the package feels empty. It's tough to accept that... — read more 

The recent buzz surrounding CVS planning to split has raised eyebrows, with the higher management dismissing these claims as mere rumors. This tactic seems to serve the purpose of calming employees and ensuring they stay committed to the company... — read more 

Many of you believe there is fearmongering going on about supposed layoffs in 2025, but you are fooling yourselves if you haven't picked up on the trend and financial downhill performance.. stop pretending that there is no evidence for massive... — read more 

We make a mistake when we say CVS merged with Aetna, or CVS acquired Aetna. The CVS that planned that deal, chose to buy Aetna over the other finalist target company, sold the deal to the Board, and executed the purchase, has completely disappeared... — read more 

I wonder if there any statistics on the average time it took the previous wave to get rehired somewhere And did they get a better or worse salary?

I may get downvoted but someone has to say it. This recent layoff has revealed that organization rewards: yes-people easy-to-work-with talking but knows when to shut up and punishes: people asking questions to ensure less problems or... — read more 

In store pharmacy industry is dying. More so apparently post COVID-19. People are use to ordering their prescriptions through an app or through PCP , urgent care, and dare I say online delivery. They don't want to walk into a store and buy over... — read more 

https://nj1015.com/in-a-failing-retail-landscape-another-cvs-is-closing-in-nj/

I’ve been with CVS for a long time. Dodged the bullet this week, but I’m approaching 50, which is considered a very old age in the corporate world, so I’m preparing to be let go at the first next opportunity. I have been very saddened with all the... — read more 

Can anyone recommend, do I apply for unemployment at the beginning of my leave or wait to apply for unemployment later? Pros / cons?

I am too low on the totem pole to have my voice be heard on some ideas to reduce costs, so hopeful someone higher on the pole can raise these for me. Some of these ideas may already be in play. I do not know. To help us recoup money and meet... — read more 

Which basically means that it will always lag its peers on a technology level. If you earn 120k or so as senior IC they view as a cost that needs to be offshored asap. Which is ridiculous when these days you make 100k out of grad school.

Once upon a time, in a land not so far away, there existed a magical company that truly cared about its employees. “Where is this land?” you ask. Ah yes, let me tell you the tale of Woonsocket, Rhode Island, where Stanley and Sidney Goldstein founded... — read more 

Is this thing still on any reported

So the last two layoffs, this year and 2023, CVS wouldn’t give any details about said layoffs. Except they were very quick to say that the store colleagues and distribution centers would not be affected. I wonder why they were so quick to point... — read more 

The aqustion of Aetna was a good forward thinking idea at the time of Larry and Bertilini. But where are the two now? They made their money and retired. Just like so many after them with the expectation of Karen which I predict she will follow suite... — read more 

But it does... I have friends both "sides" and worked for both companies before they were merged and after. Both had their pros and cons. Leaders have failed us on both sides, and this was 100% a failed merger/acquisition. CVS vs Aetna is what... — read more 

Dear Leadership. We know you scheduled a town hall meeting. Please don’t patronize us and come with some pep talk. You can shove it where the sun doesn’t shine. We get to do more work with less people and without many of the SME’s. Save it. — read more 

What’s up with these new assessments from Rejuvi? Sounds like not all managers and directors are getting them. Suspicious that low scores may be used for next round of layoffs.

To my colleagues who were let go. I hope you get to read this. I was deeply sorry to hear about the layoffs, and my heart goes out to each of you who were affected. Some of the individuals I knew personally were truly invaluable, and the news has... — read more 

The recent layoffs were not just layoffs. CVS is outsourcing a lot of these jobs. The news media needs to pick up on that. It isn’t enough that the government is paying for immigrants on our dime. CVS is helping by outsourcing jobs.

Talent, dedication and experience have again been targeted. This has been happening every single time for the past couple of years. Please, treat the company the way it treats you. Come in, do the bare minimum, collect your paycheck and try to have... — read more 

It’s very obvious from recent posts that Aetna isn’t too fond of CVS employees. So let me set the record straight: CVS never wanted Aetna either, or at least not its employees. We have never integrated well. You don’t play well in the sand, and your... — read more 

So sorry to those impacted. Wishing you all the best of luck in your new roles! Are we allowed to (hopefully) land a job Prior to the actual separation date? Or can we start looking right after last day of work? When does equipment have to be... — read more 

I read on another post that a lot of people were placed on PIPs a few months ago. Were they laid off, or are they "safe" until CVS kicks them out to stiff them of severance?

This company is on offshoring mania. Offshore contractors are safe. FTEs are being kicked out the door at an alarming rate. Do not listen to the leaders, they are devious, lie throughout processes and will gut you out in the end.

Be a mediocre employee who never works more than 40 hours because, in the end, the harder you work and try to climb the corporate ladder, the more you are putting a target on your back. Here at CVS, we do not value hard work and loyalty. In fact, it... — read more