"We were surprised by this headline as we struggle to see how such a deal could get financed given WBA’s deteriorating earnings/cash flow outlook and ~$15B of liabilities on the balance sheet ($8.2B of net debt + $6.6B of opi--d liabilities) along... — read more
Remember Sears? For the ones that say Walgreens will never disolve....just wait. It's begun..
Keep drinking all the kool aid.
Mr. Walgreens must be rolling all over in his grave........
an acquisition of Walgreens may be more feasible now, as the company’s market cap has plummeted from $105 billion in 2015 to around $9 billion this year. Despite Tuesday’s pop, Walgreens shares are down nearly 60% since the start of the year, when... — read more
Selling the company for cheap is all that Tim and Neal are capable of
After overseeing 70% drop in Walgreens stock price this year, these guys are selling the company on the cheap!! Tim is incapable of turning the company around. So the easy thing to do..... sell the company. Sad..... Tim and Neal will make their... — read more
Walgreens in talks to be taken private by Sycamore Partners, source says
Dec 10 (Reuters) - Walgreens Boots Alliance (WBA.O), opens new tab is in talks to sell itself to private equity firm Sycamore Partners, according to a person familiar with the matter, the latest attempt by the pharmacy chain operator to go private... — read more
Walgreens to sell itself to Private Equity firm
Stocks jump. What would this mean? All over the news. https://www.chicagobusiness.com/health-care/walgreens-talks-sell-itself-private-equity-wsj?share-code=17338549541951665-193b1f1e5a5&utm_id=gfta-ur-241210
Walgreens moving from Azure to AWS…
Perhaps this is to make Walgreens attractive for Amazon acquisition…
Q1 Earnings Happening January 9
Layoffs in January, perhaps?
Walgreens stock YTD....... -67.18%.. another great year you have led Mr. CEO and Board
The overall market had made a ki-ling once again...hmmmmm and what has your so called leadership done and led to with Walgreens stock...let alone employee morale.,,, let alone sales......let alone losing customers at a high rate.....Maybe you... — read more
Walgreens stock will drop to $7 very soon
Rumors are saying Walgreens stock will drop to $7 starting next year
Fire Communications Director But Not Hiring For 3?
Why would Walgreens fire a bunch of comms directors, only to now be hiring for 3?
2025 is around the corner...
And our stock is still under $9. When do we think more corporate layoffs are happening? And why does this company feel the need to burn money on hiring TWO external consultants (BCG and Simply Connect). This makes NO sense!
This entire Board needs to resign....
Jan, Ginger, Valerie, Stefano...everyone. You should be embarrassed. You've sat back and watched a company that was once revered in books (Good to Great), to one which will be studied for epic failures in business classes. All on this happened on... — read more
Why is Stefano still here?
Besides sleeping in board meetings, traveling on the companies dime to receive useless awards and accolades (for what, no one knows), and hiring family members...where and how does he add value to this company? He will be making $7.9M in total comp... — read more
Disgusting....
Reuters just posted Tim Wentworth's 2024 total compensation was $13.3M, Stefano's was $7.9M. Rome is burning, and these two are having a party. How can this entire Board not have been removed? Where is the SEC? This company needs a complete... — read more
I never thought I'd see the day that Walgreens is closed on a holiday.
I'm guessing it's to save money, due to financial issues, but at least employees get a well deserved day off.
Be careful
I am a pharmacist at Walgreens. I had a call from Angie yesterday, she said she is from communication team under Neal. She asked me to write a post in LinkedIn about Neal and right good things about him. This is ridicules! Why?!
Walgreens is now a company.....
...with no soul. It once was a family.....that train left the tracks years ago....sad.
Failed HR
Plenty of employee mistreatment and favoritism happens at Walgreens. You gotta ask if an HR department even exists in the company. Why are they pathetically ineffective? Neal hiring his friends and family etc are blatant violations. Either Burger is... — read more
Sell Boots Already
Walgreens needs to revert back to a US only company. Going global and becoming WBA was a horrible decision and the start of this companies downfall .....but it wasn't the worst decision. That would be the hiring of Roz...........
Simply Connect and BCG
Who TF is Simply Connect and WHY are they requesting access to all our Comms SOPs/templates?
Hard to believe these upper Management, CEO, and Board still have jobs........
It has been about a month since the last earnings report for Walgreens Boots Alliance (WBA). Shares have lost about 18.4% in that time frame, underperforming the S&P 500. What do they do daily to help walgreens. What a money loser, and for the... — read more
Return To Office Tracking
I heard the Directors are going to get a list of people that are not going into an office at least 3 days a week. Is there any truth to this? They said even if you go in 2 days a week, it'll be marked as you not going in at all.
Think twice before signing the Retention Payout
This approach allows companies to reduce severance cost liabilities by preemptively paying portions of it now. Struggling companies—especially those looking to sell—will prioritize minimizing financial obligations wherever possible. Step one is often... — read more
Can someone explain to me
How Walgreens has had two of the absolute worst CIOs back to back? Hsiao and Neal are literally the most tone deaf, self centered, arrogant, and ill equipped CIOs to have ever held the position. How could Walgreens have made this bad of a choice... — read more
2025 Layoffs
Does anyone have concrete knowledge that more rounds of layoffs are coming January 2025 or beyond?
Simply sad.....
When you think about what this company once was and now is. Amazing was what used to follow any discussion related to a Walgreens and its people, culture, and value as a company. So many talented people over the years gave their time and energy... — read more
Walgreens Pharmacist Remote Call Center Positions: Horrific
It's not often we see posts specifically addressing Walgreens Remote Pharmacists. This message is dedicated to you all, our remote pharmacy teams, and individuals that understand. Why do Remote Walgreens Pharmacists continue to endure these... — read more
Neal is so stupid
Today townhall was just waiting time. I was cooking and listen to home
Business Impact Analysis
Hello, My small team has a second meeting with someone from "Business Continuity." Now, we've got a scheduled meeting to complete a "Business Impact Analysis" form. Is this a red flag?
Will Economy Changes in 2025 help Walgreens?
2025 is shaping up to be a year with increased energy production, lower gas prices, and lower inflation. Will these changes help Walgreens?
Is that true? They are going to pay us our bonuses?
We will get our bonus?
JUST ANOTHER ONE. Walgreens agrees to pay $100 million to resolve lawsuit over generic dr-g pricing
Where are you getting all this money from to pay? Corrupt company to its core. And accepts no Liability? Then why settle...because you know you are as guilty as you know what. Walgreens has agreed to pay $100 million to settle a proposed class... — read more
Total change for retail pharmacies across the US – Walgreens changes everything from now on
As mail-in prescriptions, online pharmacies, and in-store CVS locations become more popular, Walgreens has seen its stronghold on prescription fulfillment diminish. On October 15, 2024, Walgreens Boots Alliance (the parent company of Walgreens, Duane... — read more
Tracey D Brown makes another awful decision
Firing an entire department without a real transition plan or a clear strategy is a reckless move that reflects a fundamental misunderstanding of what drives long-term business success. Harvard Business Review research points to the disastrous impact... — read more
Some coverage, at least
Walgreens lays off 250 support center employees as part of cost-saving strategy https://www.fiercehealthcare.com/retail/walgreens-lays-250-support-center-employees-company-looks-cut-costs Walgreens announces over 250 layoffs in... — read more
We are in the free fall
Polish your resumes, and start looking for another job if you haven’t already. Not necessarily because you will be targeted for layoffs or quit on your own under the attrition tactics (no good reviews for you even if you work your a-s off and have... — read more
To the executives that lurk on this board (yes, its that obvious)
Just fire Tracey B already. She's terrible.
Support Center Layoffs
Note this morning confirms reduction in 250+ roles and 200+ open positions, primarily at Support Center (corporate).