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
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.
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it is a outdated tool, clearly it doesn't matter.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.
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?
Do they pay for unutilized PTO
Do they pay for unutilized PTO
Any Layoffs from Plano or Richardson office locations?
I am sorry that you guys have to go through this cr-p. Curious if there were any layoff's from Plano or Richardson locations?
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?
might be a silly question but what is the relationship betwwen Aetna, Corp, A&BC, PSS, etc?
Just hired by Aetna a few months ago and don't understand what is going on here by reading all posts related to layoff....Does the layout only happens to Aetna people or CVS people as well? what is the relationship between Aetna, Corp, A&BC, PSS... — read more
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.
Communication Should be taking place in each department
With the magnitude of these layoffs, each department should be made aware if they will be affected or not. We shouldn't have to wait each day to see if we're part of a mass layoff as often as these are occurring. Not to mention, if we didn't read... — read more
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
So sorry guys, that we have to go through this cr-p
My heart goes out to those who were let go and needed a job. Which is the vast majority of us. I hope everyone lands on their feet fast.
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
Embracing Change: Turning Layoffs into Opportunities for Growth
Layoffs are a reality in many industries, including the government sector. Change is inevitable. Take this time to cherish the good memories and the wonderful people you’ve met. The key is to learn from every experience, refine your skills, and get... — read more
Anybody from PBM?
Any layoffs from PBM?
Curious, how long did the Managers, Directors, EVP VP knew about the layoffs?
Curious, how long did the Managers, Directors, EVP VP knew about the layoffs?
Open positions on careers page
Why are there so many open positions when they are laying off people
Alongside mediocre performers, some of the people laid off were rock stars
I don't know what to make of this, what for a 20k difference you're laying off someone who is worth 2 employees and doing amazing work? There will be noticeable impact from firing those folks. Something in this process is very broken. I'm not worried... — 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
How is the layoff list prepared
Interesting (horrible) that some who are impacted are the heart of the Team, going above and beyond.
Any Finance Impacts?
Does anyone know if there were any layoffs in Finance?
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
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