Topics regarding layoffs at CVS

Topics regarding layoffs at CVS

CVS Health…where being stellar will get you fired

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 

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| 1263 views | | 7 replies (last October 3, 2024)
Post ID: @OP+1uOMEaQX

Mentally Spent

Everyone who wasn’t laid off is feeling mentally spent. Losing long-time colleagues is devastating and emotionally taxing, and we’re somehow supposed to continue on like nothing has happened. As a person, I just can’t. Management is walking on thin... — read more 

Can’t Beat em, join them

$2 billion dollars is a lot of money. Maybe we should go back to selling cigarettes and might as well sell weed while we are at it. Dispensaries are making a ki-ling these days. At least then our employees can keep their jobs.

WTF is CVS thinking?!

Here’s an updated version of your comment, including the mention of the previous outsourcing attempt: It’s disheartening to see that CVS didn’t just lay people off—they outsourced jobs. Historically, outsourcing has often been shown to cost more in... — read more 

All Team Meeting: “we have lots of work to do”

Got an 30 minute notice invite from a VP for a all team meeting this afternoon with the VP and someone with HR. Said “all activity is complete” for my team, but “we have lots of work to do”. Go figure.

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| 410 views | | no replies yet
Post ID: @OP+1uN3Xr3F

why bother with Performance reviews?

it is a outdated tool, clearly it doesn't matter. so why should we spend time on it? it costs employees production time as well as managers.

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| 1340 views | | 9 replies (last October 4, 2024)
Post ID: @OP+1uNNOnv6

Employment verification status?

I was in the middle of a refinancing. And this happened to me just yesterday, so what will my employment verification status come up when the lender verifies

This really is the worst company.

It is very clear that many of the smart people that provided great value but came from Aetna are getting impacted. These people are supposedly in corporate/shared service roles. Yet a lot of the weak "CVS royalty" gets to stay and continue their... — read more 

It Ain’t Over

Don’t be fooled. This is far from over. There will be 4,000 more layoffs in March, 2025 and 5,000 more in October, 2025.

Field teams next?

They have meetings coming up . Is there another restructure coming?

Business update invite

I just received a “Business update” meeting invite from my manager. It was sent to all 10 of my colleagues. Could this be to tell us we are laid off?

Do we even know for how long this will last?

We know the numbers, but we have no clue who on which day and where can actually be affected. Do we know at least if the dept or team was already through the wringer that they can be sure it’s over? High target number just cause so much anxiety and... — read more 

A&BC Friday Meeting

Ali K just sent out a meeting invite for this Friday likely to say layoffs are done for now in our department. They did this last year as well.

News from Healthspire?

Any update on personnel changes in active health, hdms, accordant, transform diabetes etc?

Dance to Better Prospects

For those leaving, smile and dance to better prospects. You left behind, a sinking ship. Others hit the iceberg, not you. One of the planners of the layoffs is an Executive Director. He had his California license revoked for unwarranted distribution... — read more 

Major media coverage

It's good to know that this is not flying under the radar. Not that it will do or mean anything, but at least people know what's going on. When my last company had layoffs I was affected and I remember being so pi---d off that all I found online... — read more 

Are we done?

I know layoffs will most likely continue throughout the week, but I'm asking specifically about the teams that were already hit. If we lost people in this round, can we consider ourselves safe? We have an a--hole for a manager and he didn't tell us... — read more 

CVS Contractors?

Any contractors impacted as part of these layoffs? Weird how they let go their employees but pay the contractors who were hired through their VP's shady side business?

layoff's round complete

All the 2900 layoffs of this round are executed, can i assume that i got spared of this round or more to come Any input appreciated

Sinking ship?

Today’s layoffs have left me feeling like I’m part of a sinking ship. The people who were let go are not just colleagues—they’re individuals who gave their all to the company, bringing invaluable knowledge, experience, and dedication. The abrupt loss... — read more 

Field must be coming

It’s been corporate and Aetna affected the most the last few years- how are these boasted salaried field leaders to the stores themselves going to survive? At least for the FS part- like what do they even do besides bully metrics when we all know the... — read more 

LAYOFF ROUND IS COMPLETE.

If you still have your job as of 5pm today, you are safe until the March 2025 culling of 4000..

Severance and Insurance?

Hi there, I just found out I was being let go. I know YMMV, but what is the typical standard operating procedure for severance for 3+ years and how long will I still get health insurance through CVS and not have to transfer over to my spouse's plan? ... — read more 

Quote of the Day

Jeff Jonas, who runs money for Gabelli had a statement. The company is big and unwieldy. “ I don’t know that Karen Ly--h has done a fantastic job.” Here is the point. Analyst never rate a stock SELL. Analysts rarely criticize CEOs. KL may be leaving... — read more 

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| 1140 views | | 1 reply (October 1, 2024)
Post ID: @OP+1uMbWrRH

Heart goes out to all those impacted

Its really tough when you lose your job and your world is suddenly altered. I can tell you first hand, that while going the process was difficult, you can do it - just take your time and there are certainly better companies out there. Leverage... — read more 

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| 1070 views | | 3 replies (last October 1, 2024)
Post ID: @OP+1uMt30kY

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