Stock in 50s.. last year they did layoffs when it was like 70. Why did it drop so much? More acquisitions or losses?

The Layoffs

falling stock and we need investors to put money in oak street stock will be back to 100 soon!

on h1b visa from ABC org, told by immigration lawyer that perm process is halted in anticipation of layoff in the coming months(was told last year that perm shall restart in june / july in 2024 after last year's layoff). No perm can be filed if... — read more 

Only if you know of confirmed layoffs, please update, position , and location. I've not heard of any layoffs so far in 2024,

Dear big wigs, haven’t you gone to B school? Cut the dividend. It adds no value and we need the cash. If you want to return money to shareholders, buy stock

CVS is seeking a partner to fund Oak Street. To quote Warren Buffett: A Great Business you fund once and it feeds you for 100 years. A terrible business needs infusions of capital continuously. Wall Street won’t buy the layoffs next quarter. There... — read more 

This is a typical knee-jerk reaction by CVS. Always looking for a quick short-term solution to every problem. Except all that does is cause more problems. Laying people off and cutting hours at the store level to make up for a bad financial quarter... — read more 

what are they gonna do with the billions ? distribute it to all employees?

Will it continue to be remote and fun for Senior people on East coast? We moved from Aetna to CVS, 6 figures..

CHRO is not an advocate for us employees or a good partner with the executive team. She also bad mouths' the CEO to other employees, says karen is not up to the job

I’m being let go right now. Remote software engineer in Hyderabad. Graduated top of my class from IIT Punducherry. Spend most of my day watching Kannum Kannum Kollaiyadithaal

Mid August 2024 @7k will be eliminated. Aetna folks first.

If corporate really is serious about wanting to cut costs, then reducing FS HOO is the way. Time for the front store to have mirror hours with the pharmacy. The first quarter numbers were very bad, so corporate cuts hours to compensate, yet keeps... — read more 

It looks like Karen and the Board need some Good Old Fashioned Well Market Prunes. Nothing like Prunes when the Margin on all of those declining businesses is dropping. The theme is prunes. Karen sees herself as an innovator. CMS rates are tight. No... — read more 

Laid off in August last year, found a contract gig almost immediately. Started full time a couple months ago with better pay and better title. The grass is indeed greener on the other side, my only suggestion would be to apply now and get out before... — read more 

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.healthcaredive.com/news/kansas-medicaid-awards-unitedhealth-centene-elevance-cvs/716151/&ved=2ahUKEwjigbfE_JGGAxWrrYkEHa2nAJwQFnoECBoQAQ&usg=AOvVaw1dNnrB0mQHxwOc19LPcv3u

Has anyone heard on upcoming updates and why do they keep waiting. Will there be some sort of enforcement coming.

not starting off very encouraging.. dust off dat resume...

Was told we are safe, and business as usual. Theyll catch up and will be back with a bang!

So I heard a lot of people left go were missing hours in their last real check!? It’s been a month and I still have had no call back on my ticket and no check mailed for the missing hours. Anyone else?

Margin! Margin! Margin! Margin over people! Margin over benefits! Margin over markets! Margin over butter! Margin for everyone!

https://investors.cvshealth.com/investors/events-and-presentations/event-details/2024/Bank-of-America-2024-Healthcare-Conference-2024-bdhu51r6Fl/default.aspx

The people in the C-suite, the supposedly smart, college educated, business savvy executives running this company, are clearly asleep at the wheel. They didn't see this Medicare Advantage stuff coming? And yet by the end of the year the head... — read more 

Really did like this delivery gig while it lasted. What other companies have drivers delivering prescriptions to nursing homes and assisted living residents?

Anyone got any leads on who in the industry is hiring?

Can anyone explain what the MIP bonus email is about from today? What's the change?

So after the stock price plummeted, they’re announcing that they’re putting $5 Billion in bonds up for sale for people to buy? Who in their right mind would just hand CVS cash to keep for 30 years and get 1.5% return?? This seems like a new low, but... — read more 

https://www.amazon.com/s?k=mouse+mover+device+undetectable&crid=1FAD9W9JMM0QN&sprefix=mouse+move%2Caps%2C215&ref=nb_sb_ss_ts-doa-p_2_10

If you wanna save payroll , Shut down the 24hr stores and close them at 10p. Nothing Good Happens on the overnights and it's Dangerous to have ONE employee on due to Greed!

Considering how badly Medicare Advantage is going, did leadership in the actuarial pricing/underwriting department change?

Are DL's being told to chop everything down to nothing after managers submit raises and ratings? If so, how badly?

Incompetent CEO surrounds herself with a bunch of kiss a##’s.

seems work as usual, as if nothing happened, thats a great company culture!

remote, on teams for 8 hours, yapping and having fun , producing nothing ! no work and all pay, is what cvs is ,

Increasing the dividend yield dramatically! Great job KL!! Unfortunately, it came at the expense of every shareholder and massive amounts of market erosion. Enjoy your book tour, as you’re clearly only “taking up space” for a more deserving leader. ... — read more 

Any truth that employee contributions to health care plans will increase by $200 per month?

When do y’all think next layoffs will be? May June July? All 3?