So we all know they aren't telling us the truth about anything and that there is some grand plan in place which is probably more long term and this is just the beginning - but what are your theories on this? I was thinking maybe CVS' wants to just... — read more
Are there more layoffs tomorrow or what?
Anyone out there really know?
No rhyme or reason
There was no rhyme or reason on who they laid off. Some of the most talented employees were let go. Other companies are already reaping the benefits of these foolish layoffs. I know someone who got laid off Monday and is already interviewing. — read more
Severance letter not sent?
Laid off on Monday and haven't received the severance letter in my personal email to sign.. Wondering if they got my email wrong?
Can I use vacation/will it be paid out?
I have 100 hours of my time. Basically 2.5 weeks. I don’t want to lose this, so I’m wondering: would it be paid out to me upon final date of lay off? could I use it during the layoff period? Is it in my legal right to take the vacation during... — read more
Is this Karma?
CVS took a 500 million dollar write off to can 5,000 employees. Today they lost the BS of California account, which will reduce their income by 500 million dollars in 2024.
Asked to improve files while being laid off
Boss asked me to improve files and “think of what would help someone taking over the role” while I’m being laid off. No thanks boss. I showed up with and had zero work instructions and I built everything out from scratch. Not working for your... — read more
Ugh this is just UGGGHHHHHH
Freaking UGHHHHHHHH Can’t wait for these feelings to pass Stupid leadership causing everyone extra stress
Come on CVS offer Early Retirment for Long time emplyees
Better than firing younger employee who can be here for the long term
Anyone have re-org news?
I am being moved around I see a lot happening on the Aetna side. Very little information being shared.
Execution was HORRIBLE
Look I get it, we probably needed to trim head count, but holy sh-t the execution of this is something Karen should be ashamed of. Furthermore, wtf is the executive team? Radio silence in the face of all this turmoil speaks volumes.
in ETS all hands call with Alan Rosa- layoff is on going process
Alan confirm that layoff will continue to occur and he cannot confirm it is all done :(
We Still haven’t heard all done yet by manager…..
No new news found
Next town hall should be a doozy
Ready for some mindless platitudes and no semblance of a plan other than lighting money on fire!
Protect your future
Even if you were not laid off you should be taking proactive steps to update your resume and be prepared for what is next. Start networking!!
Digital team check-in
Of course we won't take any questions. Read from a script? ✅ Use buzzwords? ✅ Tone deaf and have the audacity to use the word empathy? ✅
More heads will very likely roll after the loss of BCBS
How can there not be? Centene and now Blue Cross? They were a partner for over 15 years!
Stop focusing on the wrong thing
Why are some of you already prophesying the next round? This one was huge and it might not even be fully done yet. Nobody can say for sure more is coming "soon." Can't we all take a step back and relax for a few days or even weeks before people start... — read more
Any meetings today?
I have a meeting on my calendar with our entire team at 330. Are there more anticipated today?
Sorry folks it's going to get worse
Business loss accelerating, stock price tanking, taking on massive debt...don't be surprised when they announce more cuts and slash project funding to nothing.
Stock is CRATERING
Losing PBM business from Blue Shield of California. Buh bye Karen
Use Values in Action Points!
Don't leave anything on the table! Send and use those VIA points
CVS on LinkedIn
I noticed today that in order to see the pages for CVS or Aetna on LinkedIn now require you to have a work email that they then verify before you can even SEE anything. Karen covered her bases
How many realistically could your team let go?
My team has admittedly been overstaffed, and I think we could let one more go and be completely fine.
Digital meeting tomorrow? Anyone get an invite?
Received an email at 9pm EST from digital stating most of those impacted have already been notified. They further stated there will be a meeting tomorrow to discuss the fallout. I have not received an invite which is a bit concerning, anyone else?
Moving on
To the people who have been laid off please do not let this event define who you are. These layoffs have nothing to do with your performance. Move forward with confidence. Lean on your family, friends and colleagues to get you through this time... — read more
Checking in on other teammates
If you “suspect” that a teammate was laid off but they didn’t mention anything to you, would you check in on them? Would that be nosy or considerate? Trying to be nice and supportive and in the same time respectful, hence asking for guidance. If I... — read more
ahmed valez
Laid off - was that a supprise ?
Are Aetna CMs still to be laid off ?
Anyone know anything real? We have heard Nada … no all clear just they think we are ok??
More Purge from Digital is needed to save CVS
Unfortunately Digital cleanup is not enougand Hope there is a Round 2 lay off in Digital alone to clean up these over paid junk VPs AND some f*ing DISTINGUISHED ENGINEERS. Btw hats off to that genius who came up with the title “Distinguished... — read more
How are the effected teams doing?
Just curious how teams are doing now that they’ve lost so many. My team was already struggling before they cut 3 of us, I can’t imagine how they’re handling it.
MEU
Any layoffs or restructuring in the Aetna Medical Economics Unit?
Be sure to complete your Employee Survey!!
In June… no August, oh no we better push it to September since we are laying off 5K people. I am sure that will hurt our numbers! Those who survive please leave detailed comments on the amount of stress and anxiety this whole experience has caused. ... — read more
Underwriting
It seems like medical UW was hit, mostly exec directors and Sr Managers. Dental and Vision was not hit hard, only 1 layoff.
Wave over
Just came out of meeting with the SVP who mentioned that 98% of affected individuals have been notified in the last 2.5 days. No more layoffs are expected moving forward, although there's no 100% guarantee. The message was clear.
IT Update Meeting Friday at 1pm with Roshan
Did everyone else receive this as well ? Has a link to a stream. Was told we were safe but not sure what to believe anymore.