Topics regarding layoffs at Walgreens

Topics regarding layoffs at Walgreens

Yeppersssssssssssssssssss...they ruined Walgreens.

"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 

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| 810 views | | 3 replies (last December 12, 2024)
Post ID: @OP+1vVUDouf

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

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| 990 views | | 4 replies (last December 11, 2024)
Post ID: @OP+1vUdkK9C

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!

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| 720 views | | 5 replies (last December 3, 2024)
Post ID: @OP+1vNAqviR

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 

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| 620 views | | 5 replies (last December 20, 2024)
Post ID: @OP+1vNI9jIP

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 

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| 500 views | | 3 replies (last December 9, 2024)
Post ID: @OP+1vNNqgFQ

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 

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?!

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 

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| 850 views | | 3 replies (last December 1, 2024)
Post ID: @OP+1vz9ly0b

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...........

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| 950 views | | 8 replies (last November 28, 2024)
Post ID: @OP+1vvCmbm7

Simply Connect and BCG

Who TF is Simply Connect and WHY are they requesting access to all our Comms SOPs/templates?

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| 800 views | | 3 replies (last November 20, 2024)
Post ID: @OP+1vuEpGgn

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 

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| 850 views | | 8 replies (last November 20, 2024)
Post ID: @OP+1vpCb19v

Neal is so stupid

Today townhall was just waiting time. I was cooking and listen to home

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| 630 views | | 5 replies (last November 27, 2024)
Post ID: @OP+1vo5Ywxg

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?

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| 540 views | | 2 replies (last November 9, 2024)
Post ID: @OP+1vnsUjfg

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 

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| 1530 views | | 7 replies (last November 9, 2024)
Post ID: @OP+1vgyk21p

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 

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| 1100 views | | 4 replies (last October 30, 2024)
Post ID: @OP+1vfzlo0X

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 

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| 1100 views | | 2 replies (last October 30, 2024)
Post ID: @OP+1veRzKix

Support Center Layoffs

Note this morning confirms reduction in 250+ roles and 200+ open positions, primarily at Support Center (corporate).

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