I wonder if it is just a coincidence or they know that everything will be communicated by 08/14. Weird that they are coming back to work midweek. Probably reading too much into it but perhaps they are chickening out of difficult conversations by... — read more 

The way they manage layoffs is terrible and a source of even more stress and frustration. Waiting and uncertainty are the worst, but I hope that at least most of us can focus on looking for a new job while we wait to see if we will receive a... — read more 

The first thing I did when I woke up today was visit this page. Now I have to wonder how many days this month I'll start by visiting this page first thing in the morning to see if anything new came up. I really hope they decide to do this sooner... — read more 

Reduced store payroll to the point of stupidity - we cannot function like this Self Checkouts Introduced, Alienating Customers - Shrkinkage Goes through the roof Closed almost 1000 stores Laid off 5000 hard working people This is not all the... — read more 

The entire team, 300 people was let go. Check in this thread if you were affected and share what you know.

It requires a brand new pandemic with a brand new virus for CVS to make any profits in the near future. This is just the beginning!!!

Can anyone share the email sent by Daniel Finke?

For all the kool-aid drinkers who think CVS is great, how about right now? CVS is a sinking ship.

Tomorrow we report earning !! And today they announce layoffs. Not sure what to make of it? Are we showing lack of growth due to covid now in past? I assumed our Aetna was doing great but seems like we will be reporting bad earning and to compensate... — read more 

If any of us do get laid off unexpectedly we might not know the reason why it happened now. We can only hope one day it will all make sense. I am praying for you all. There's a lot of us in this together and having the same feeling right now.

Hello all. Reply to this post only if you have confirmed knowledge of a layoff. Report count, department and title. 1 Exec Director in PBM. (heard from a colleague who is a lead director in PBM)

Force employees back to empty buildings but announce layoffs? Who is running this show? Unnecessary to cut people before cutting other costs. What do I know? 25 plus years at the company. That what I know.

I know many are still in a state of shock from the announcement but you will gain nothing from stressing over this. Do you really want to damage your mental health by worrying for weeks or maybe even months over something you can't change? This is... — read more 

Will it be Americans or will it be the foreigners here on a H1B visa? After working for them I know it will be the Americans

I need my job and I plan on staying (unless I'm affected) but I know of several people who have been unhappy for a while and who would not hesitate to accept a buyout if offered. It would be bad for everybody if they are among the ones who are not... — read more 

Just saying

Somebody in another thread wrote that the affected people already received an email as a heads-up regarding layoffs, all 5,000 of them. Is this true? Does it mean if we didn't receive an email we're safe? Or is this just somebody using a horrible... — read more 

How can you buy up 2 companies costing more than $15B and then fire the very people who made those purchase’s possible? It’s sad, if Karen Lynch were to give up her salary for a year all 5k people could keep their jobs. I doubt she’d miss the money. — read more 

Does anyone else agree that is a poor choice in how inform your employees of a layoff? Now we must all sit in fear, for weeks to come if we are going lose our jobs? How can someone be so tone-deaf? It makes me not want to work for CVS anyways!

I saw they said it will be eliminating a number of non customer facing employees. I wonder if they mean remote or positions that don’t deal with customers period.

Any changes if compared to 2022 and 2021 layoffs?

They should be submitting a WARN notice to the state every time they lay off more than 500 people. Do you know if this was done?

What's your analysis here - who will be affected the most?

CVSHealth July 31, 2023 Dear colleagues, As I shared with you at our Company Town Hall, our industry is evolving to adapt to new consumer health needs and expectations. We are also at the beginning of a new technological revolution that will... — read more 

Just announced from the CEO 5k job reduction, likely corporate/PBM/Aetna redundancies

CVS internally announced 5,000 position eliminations.... and so it begins......

Nobody's job is guaranteed, we all know that. However, do you miss the good old times when you could actually feel at least a tiny bit of job security here? It was a pleasure to work here back then, but I think that unfortunately those golden... — read more 

Does anyone have insight on what restructuring will look like in retail?

In today's townhall, Karen said that they will have to make tough decisions in the upcoming months. It is pretty clear that this means layoffs. With all the emphasis on PBM, it seems that PBM will be hit the hardest and other sectors might get hit... — read more 

Question, does not our higher ups realize that a manager needs to be at store during the day to talk with vendors and deal with the normal everyday issues that make a store run smoothly and profitably. After 6pm all that happens is recovering and... — read more 

Honestly, I'd rather be overloaded with work because the lack of work has been worrying me a lot lately. I know that it can only mean one thing, namely that I don't have much time left to find another option for myself?

Hi there, My name's Yowei Shaw and I'm a journalist working on a story for the podcast This American Life (www.thisamericanlife.org) about layoffs, after getting laid off myself from NPR... — read more 

I've been thinking about this a lot lately. I keep worrying about being cut or learning that my location is closing but there's no good reason for it. I'm overworked, underpaid, and I have benefits that are not even worth mentioning. It's becoming... — read more 

So many things going the wrong direction. Caremark facing cost pressure from customers wanting to pay less and pharma wanting to pay more. Oak Street cost a ton of money....likely way too much New org started and ki-led in months after new... — read more 

I predict this is going to last more than 2 days. Today was horrible. Evidently an update is causing the system to crash. No claims could be reversed. Seriously, does no one up high in corporate think of holding people accountable for this. I'm... — read more 

Have an employee who hasn't clocked out for lunch for the past 2 months but has been taking them. Been employed over 2 yrs. Who do I talk to and is this a reason for termination?

We’ve been with out a DL for a month - how long will they let that ride ?

For the life of me I can't find it now, but wasn't there some sort of direct complaint line that we could get a hold of Karen's inbox or voicemail if we saw bullying at a high level. Could someone put that out there. I remember she said that she... — read more