Any word on restructuring or realignment of stores, field mgrs etc. rumors of it hitting end of 1st qtr. any details leaked

Looking for separated employees experience with receiving severance after separation: How long before you received first payment? Is insurance deducted or do we pay it separately? When was your accrued PTO paid out?

The not so highly regarded leader of the west is out! Anyone know what happened?

Some people seem to be under the mistaken assumption that a) layoffs are done or b) even if it's not done, they're safe. You'd think that after everything that has happened, everybody would know by now that there are no such things at CVS as being... — read more 

Any sense of what areas are most likely to be cut in future layoffs?

Latest Employee Survey is not anonymous entirely. First page has a disclaimer that few people in CVS will have access to individuals details. Any one else notice that?

Thank you who have asked about layoff during town hall. They said no layoff but I smell bs

That’s right folks while Karen Ly--h sits up there in her million dollar house … more Aetna brothers and sisters are getting kicked to the curb.. when is the board going to fire her she is a disaster. I have a ton of stock that is so devalued by bad... — read more 

engineers are treated well in CVS, they sent me to management training, and said I will get promotion and bonus of 30 k for 2023, that's why no engineer leaves CVS

CVS built a culture of accountability and meritocracy of getting your work done and taking ownership over what’s yours. For right or wrong… there are huge numbers of people from technicians to field leaders that have been conditioned to work hard... — read more 

Does anyone have more info on the field team layoffs that are supposed to be happening between now and end of year? I heard that all district leaders up, without a pharmacist license, are getting laid off. Evidently splitting the company between RX... — read more 

For those RPhs and DLs with air support live? Give us the scoop? Has it improved employee engagement or does it disengage the rphs at high performing stores? Is your overall district better with air support or was it better before?

Is anyone else cobra medical higher than what you were paying? CVS is paying their same portion but my portion is a little higher (about $20+) than what I was paying before. (Dental and Vision are higher too just not as much) Does anyone know why?

Anyone looking to get rehired by CVS, be careful what you apply for because I found out today from a recruiter that if you get an offer and decline it if it’s too low that you can lose your severance because you declined the offer.

CVS pushed out the CIO today (11-15-2023). Layoff coming as they outsource to Accenture. 402 people laid off from one division alone. HR made a mistake when they sent out a message to all being laid off with a CC and not a BCC.

For those of us laid off, CVS canceled a batch of restricted stock this month. They are reporting the canceled stock as earned income for the employee. Payroll just says it's not them it's ETrade. ETrade says it's an issue with CVS. CVS is taking... — read more 

The CVS CIO is leaving “to pursue other opportunities outside of the company”

Everything was very vague, lightning fast meeting out of nowhere, 5-minute notice, many people on lunch. But they announced vendors will be now be starting to work their own patients in the system. Basically, sounds like the current RQ teams will be... — read more 

No company in their right mind would buy that mess with the debt load and all the problems. I just don't see how CVS can continue taking these huge losses every year. I still think they may close it down at some point, but maybe that's not... — read more 

Does anyone have guidance who a laid off employee would call for information to have their 401k rolled over?

they said they met all numbers and are in record profits. Why is the stock down from 100 to 70?

How long do you have to stay with the company to receive annual bonus? Trying to time my job search

Here is an article. An additional layoff not including the August layoff. Will occur 12/31. Looks like us Aetna employees will be effected. Mainly CT employees and the breakdown of positions is in the article... — read more 

Anyone receive their first severance payment yet? Curious how long you had to wait after receiving the first check and if the tax withholdings were the same as when employed.

https://www.bizjournals.com/boston/news/2023/11/07/omnicare-sale-layoffs-peabody.html

CVS Health is laying off more workers in Illinois as part of a mass layoff event that the pharmacy, health care and retail giant first announced in August. The Woonsocket, R.I.-based company is laying off 37 employees from its Aetna HealthCare... — read more 

Has anyone had a problem with their accrued pto balance payout/statement being lower than the statement before it? Example: The statements have all been on track 40.11 YTD, next statement 49.02, next 57.93, next 66.84, then the next (last pay out)... — read more 

I was an employee of the Caremark/Specialty side of CVS Health for over 18 years. My last working day was 8/14/23 and what a mind f*ck that was for me. I “grieved” for about two months which included reading posts from this site, reddit and... — read more 

Get your self reviews done before the field team layoff and company realignment. You don't want to be screwed with this new workday system and them blame the new system for any issues that arise from lost reviews or new leaders taking over your... — read more 

I was told, positions will be remote for ever, as team members are distributed all over the US. Per SVP, layoffs complete for 2023/ 2024. Please stop scaring ppl that there will be more layoffs.

So one of our division heads in pharmacy verbally abuses employees and calls customers id--ts and is allegedly still working?

Can someone provide a list of the main worksites where employees actually go in and work from? I know Hartford, CT has a main site, but outside of that, I don't know where the other sites are. Thanks!

Layoffs are hard. We are in the middle of nail biting days that start at 7am and end at 5-6pm, not knowing if my husband will get a teams message or an email from his lead letting him go. HOWEVER… I struggle reading these threads/comments that are... — read more 

Director told us Engineers are all safe, layoffs all done. she said the team will get full work, bonus etc as last year. and remote for the next few years! Great company!

Any other depts have a "mandatory business update" meeting scheduled today?

It takes talent to beat earnings expectations and have almost no profit. What is the Board smoking? It may be time for Karen to exit stage left.

Looking to get some clarity on the severance situation. Has anyone received confirmation their signed package is now processing? I signed the agreement and got the automated email response. The email had some info about getting confirmation of the... — read more 

Brian K. (Aetna leader du jour) nonstop busy bringing in his leadership from Humana. It’s like he doesn’t even consider other sources for people and doesn’t care who sees it. Glad to be gone and hate that good talent paid the price for this. — read more