Ok, I suggest this as the five step plan forward. Celebrity CEO Karen steps down, freeing time for her next book tour, charity event, Norah O'Donnell interview and self indulgent post on Heartbeat. Instead of breaking up the company by selling... — read more 

Have any Omnicare employees have a surprise meeting today?

My manager said he doesn’t really know anything and that we’re probably safe, but I’m not feeling super reassured. Honestly, I can’t focus on work at all. Anyone else feeling like this?

My contact tells me there was an all employee meeting by their CEO. Their CEO claimed there is no layoffs and he is not aware of other departments affected by layoffs.

Are these positions safe?

If you have been laid off from Caremark, just remember that the FTC wants to talk with you about price fixing as it relates to pharmacy reimbursement rates and consumer prices. Lena Kahn is eager to speak with you.

2 Lead Director according to my sources No need for department as that could risk severance of impacted

Karen must be feeling the heat or at least her thin skin is feeling it? Today she posts on Heartbeat about Speculative News Stories and it is a cry baby tale of 'not my fault ...I asked the board'. Reading between the line sounds like reporters are... — read more 

How many engineers impacted?

All they care about is the bottom line. Fastest, easiest and laziest lane to show the money is to cut as many jobs as possible on time to payout dividends and bonuses. What will become of CVS, or god forbid employees, they don’t care. So reduce your... — read more 

Tell them to take their severance and shove it. Walk right out and claim UI. No sense in letting them slavedrive you for 2 months. Don’t help them out. They will just ask for copious documentation and have very unrealistic expectations for you. Opt... — read more 

I am former Aetna employee. My friend that work for Meritain owned by CVS an Aetna employee was laid off today. She had almost 10 years. She will get paid through March 2025 must work until December 2024 but layoff as of October 18th and this is how... — read more 

Those who survived, are you staying? It appears this is CVS’s plan- layoffs all the time. How can one live with this constantly over your head? What’s the incentive for loyalty and strong performances:raises if used against us? It’s disheartening. — read more 

Do they really need a whole week for layoffs? I'm hoping the bulk of it happened yesterday and they're just wrapping things up today. I'm not sure I can take a whole week of this. I've had enough stress and worrying in the last several weeks to last... — read more 

Hello, I cover health insurance for the Financial Times. If anyone would like to chat anonymously about the situation at CVS, Caremark or Aetna, please reach out at Mansur.Shaheen@FT.com

Want to bet that first people out the door will be the ones we need the most?

Curious if H1B engineers got hit

Judging from the line of 15 minute slots on my directors calendar, half my team of ~20 are going. Kind of called it during the last reorg.

Why don’t they start with contractors? people who become full-time from consulting compromise a huge chunk of paycheck to go full-time for the sake of ‘job security’ . Which in this organization is a myth when budget cuts come full-time employees are... — read more 

A&BC Senior level

KL made an announcement on the Heartbeat site, to let everyone know not to believe the rumor's in the news but couldn’t tell employees herself, that jobs are being eliminated. She su-ks so much.

Anyone else on Sept 27 get a misc 401k withdraw shows as error. What is that for?

Not just the latest one. This is always true. I'm shocked there has never been a lawsuit against the company for age discrimination. I guess that's the only reason why severance is paid. People don't want to lose that money so they just accept what... — read more 

People who are affected by lay off , did they get a last date after two months etc or it is immediate effective this week ?

Any news for today’s layoffs

My schedule is only viewable through next week......system glitch, or something more sinister?

This evening I received an email that I must complete the "Recognizing and Preventing Workplace Violence" training course.

Seems like a lot of zigzagging, but would that actually end up being a net positive for Aetna?

I know several folks who would have been happy to take the package and leave. They are still here and while I know it's not over yet, I won't be surprised if neither of them is affected. It's a pity that some who desperately need their jobs will lose... — read more 

CVS had a glitch in their system where they overmatched I think on final payouts. As part of their “cost saving” initiative they are clawing this money back + investment gains with zero notice. It may not be much, but do you really want CVS taking... — read more 

I am Lead Dir and lost 2 on my team. Both are better than rest of the team with one being an invaluable resource. How were they chosen? Curious

I am sh*t scared and want to know if any teams under PBM business was notified about any impact?

Cyclic vomiting syndrome, or CVS, is a disorder that causes sudden, repeated attacks—called episodes of severe nausea and vomiting. Episodes can last from a few hours to several days. Episodes alternate with longer periods of no symptoms.

I don’t think any groups are “safe”. Majority of activity is today, tomorrow, Weds. If you haven’t heard by then you should be okay. @nkr+1uLjGV8I

Skip to 2:15.... https://www.youtube.com/watch?v=fp_j-W9jSi4