Anyone who has work in actual healthcare (not insurance or retail pharmacy) could have told them that Primary Care is not a profitable business. Walgreens and Walmart have learned that the hard way. When will they write down the value of Oak Street? — read more
Can’t wait for CVS to drown
With all the rampant mismanagement, bloated IT, no quality of work, it’s coming soon
mid year promotions and raises
any one got mid year promotion and raise, Its a billion dollar company, so stock will be back to 1k more.
Well there go this years raises...
Waiting for the executives to say the "we all gotta make sacrifices for the sake of the business speech". While they still get their bonuses.
Laughing my a$$ off
When I saw the stock was down 17%, I wished I had dump the few remaining shares that I own after getting layed off last year. After that, I started laughing my behind off thinking about all those execs that just saw $10s of millions evaporate... — read more
Accountability begins with Karen
Do you expect more lay off's based on today's earning's announcement? If so, where in the org? I know CVS likes to literally buy favorable coverage of Karen L through Fortune magazine but how much longer with the board and the investors tolerate... — read more
Why in the he-l is CVS acquiring new companies??
Why on earth would CVS acquire new companies when they can’t take care and effectively manage the ones they already have?!?! https://www.fiercehealthcare.com/payers/cvs-scoops-tech-enabled-medicare-advantage-broker-hella-health
Annual Meeting Voting Guide, 2024
CVS has been horrible towards its employees and customers. For employees, the constant cuts in staffing are unsustainable. For customers, the concomitant cuts above have decimated service. Moreover, CVS's insistence on enrollment in ExtraCare, and... — read more
CVS culture
It’s the WORSTTTT. It’s like a bootcamp to learn all about ugly people and their tactics in the world
CVS Attempting to Save Face
I’m thoroughly enjoying seeing all these news articles this last week regarding CVS donating millions and helping communities. Trying to create positive press to obscure the truth and hide their corruption. Make no mistake, these large donations are... — read more
Laid off yesterday
Laid off yesterday. 35.5 yrs with Aetna. Network Retention. Good luck to all. No loyalty at this company
Corrupt Company
I just know the fall of CVS will become a Netflix documentary and I will be the first to sing like a canary about the bullsh-t and corruption within this company. This is the company you are working for, they deceive you into thinking that your work... — read more
Affordable Housing Investments
With all the cash CVS is putting into affordable housing maybe they can make some available for those that have been layed off, or those that have there hours cut to minimum in stores. This company and its leaders are SO out of touch it’s amazing... — read more
engineers 2024
remote work, having fun 5 days a week , what is next? stock down from 100 to 70!
Anyone use CVS' placement service LHH?
Was wondering if past layoff employees used the job assistance program CVS Health offered with the severance package from LHH? I did read somewhere it was not much help, just wondering if anyone else had used it?
DL to issue Level 1 and up for not making loyalty goals
Any other districts being threatened with level 1’s and up if they don’t make their loyalty scan rate, extra care enrollments and extra care plus enrollments? Seems a bit of an overreach if you asked me. Especially if stores are asking and no one’s... — read more
What is going on at Caremark?
I have been thinking about applying to a few caremark positions. What is going on there? Is that area a lay off risk with Mark Cuban/Good RX making a recent impact?
401k for laid off fte's
Does anyone have any information on who to call to have your retirement transferred for laid off employees? I called HR and it's a nightmare to get anyone on the phone. Thanks.
Aetna lost FL Medicaid contract
Aetna lost FL Medicaid contract according to this article, below. Effective January 2025. Expect layoffs at Aetna Better Health of... — read more
Minute Clinic
Are they going to lay off nurses or is this reduction in force normal? Saw an Indeed review from a nurse and she stated they’d laid off nurses in her state, which was Georgia in October 2023. The review was made in February 2024.
CVS patting themselves on the back
CVS is boasting on HeartBeat about their great benefits. What a joke - they are now charging an extra $100 a month to cover your spouse if they also work. My healthcare costs have tripled compared to my last... — read more
CVS Health's 5 highest-paid executives in 2023
See the 2024 Proxy statement for details Pages 48-49 and 79-81 https://s2.q4cdn.com/447711729/files/doc_financials/2023/ar/2024-CVS-Health-Proxy-Statement.pdf CVS CEO Karen Ly--h was paid $21.6 million in total compensation in 2023, according to a... — read more
Shocking that you all stay with CVS
There are so many great companies out there, that will pay you more, value you more, provide great opportunities for growth. It’s honestly shocking how many people will not take a stand against this company and leave. That is the only way CVS will... — read more
Engagement Survey
If you arent honest on this years Engagement Survey, which goes live today, then dont complain this coming year.
Infosys taking over IT
So just heard few people that I work with in Aetna IT are getting let go of…Infosys in India is going to take over their position…
Another Omnicare blow
Just notified we lost huge account - Genesis. We had this account for years and our CBC mgmt teams always maintained a tight relationship. Thanks CVS - you can't automate & streamline relationships. This is a big loss. I guess since CVS couldn't sell... — read more
SMH
Just saw the most ridiculous Oak Street commercial. CVS couldn't pour pi$$ from a boot with instructions written on the heel
More closures
More Coram branches closing with more layoffs. It's crazy working for a company where you're always worried about being laid off. It's mentally exhausting. Why can't this company get it together?
Layoffs in Aetna Medicare
Word is a restructure has started moving out the old guard and bringing in the Kane approved team. Who knows how far this will reach…
AP layoffs
Reorganization of AP and layoffs.. this week?
Final check question
Does CVS payout unused floating holidays, or just the myTime? Asking for voluntary resignation, not layoff.
I heard they delayed announcing the realignment arrangements till next week? What's going on?
Anyone know what's happening? Maybe things aren't going the way CVS planned?
So March has come and gone
without any additional major layoffs that were predicted here.
NA Layoff
I am a "middle management" employee and was just laid off. After laying off numerous educated, loyal and talented employees - My dirty work was done so I've also been let go today.
Put in my 2 weeks notice today
Just kidding… I sent an email to my Director telling her I resign immediately.
remote engineers
remote work, got bonus, increment what more? not enough work though, hope 2024 gets us promotions !
RTO in any capacity is a complete joke
They should have it flexible, so people who want to be in an office can go, but people aren’t required to go. It’s just micromanagement from the top down. People proved all through Covid that they can work full-time remote while still being... — read more
This is how Fridays conversation went.
Well here's your offer for a district you can say yes but if you say no we are going to let you go. However, I can offer you a severance package instead to walk away. So how many other field leaders took that package to get out of this sinking ship? — read more