I have been searching for a job for over six months now without success. Despite having all the necessary qualifications and receiving high praise from former colleagues for my performance, I haven't received any interview calls. My resume was... — read more
Remember when?
The Four-Way Test, written by a friend of Charles R Walgreen Sr at Rotary International, was adapted for and adopted by Walgreens in 1955. Based on ethical business principles, these four questions were the foundation of the Walgreen Way: Is it... — read more
Who will be gone first? Tim? Tracey B?
I hope they all are but who will go/be axed first come closing of the deal?
"takeovers are usually never good for employees nor really for the retail brand either"
Sucharita Kodali, a retail industry analyst at Forrester, told Newsweek: "[Private equity] takeovers are usually never good for employees nor really for the retail brand either. It is usually great for any one that is competitive with the company. In... — read more
If Walgreen's was so attractive and worth buying ..............
Amazon would had paid $10 billion or more for the company. That amount is nothing to them. Instead the only ones that wanted walgreen's was a vulture company. Enough said.
What's it like Walgreens employee's to be a Salvage Project
Just curious..............
As infuriating as it all is…
It’s also all sooooo incredibly sad. What Charles R Walgreen worked DECADES to build, followed by his son & then grandson… just gone. To greed.
Walgreens’ Board of Directors being investigated…
FINALLY!!!! https://www.gurufocus.com/news/2731515/walgreens-boots-alliance-inc-wba-under-investigation-for-proposed-sale-to-sycamore-partners
“The net of this is it’s just deck chairs on the Titanic being moved around.”
The private equity business model often relies upon forcing the company to take on massive amounts of debt to give the greatest possible return to the private equity firm, with the long-term survival of the business often not a priority. The debt is... — read more
Sycamore employee
I'm currently a consultant for Sycamore working on this acquisition and I just have to say you all need to calm down. If you think we are coming into this with some "master plan" to shut the company down, you're crazy. There will definitely be cuts... — read more
"The Walgreens Billionaire Watching His Empire Come Apart"
The Wall Street Journal now has an article entitled "The Walgreens Billionaire Watching His Empire Come Apart." It really is amazing how the media is so out of touch (or actively runs cover). Pessina has WANTED to take the company private. It is... — read more
Details behind Sycamore deal in WBA SEC filings
WBA's SEC filing Schedule 13D/A on 3/7/25 explains the negotiation timeline and terms between Sycamore, Stefano Pessina, and the WBA Board. It details Sycamore approaching the Board back in September 23, 2024. On February 2, 2025 the board concluded... — read more
When will layoffs begin?
If anyone has concrete knowledge, please share. If not, please don't. Simple.
Babiak, Jarret, and Pessina
All frauds. All negligent. All need to go.......perhaps the worst Board members ever. Each needs to Resign and never ever be offered another Board role anywhere.
The Board was mindful that the turnaround strategy was ambitious?
Walgreens Board of Directors have been OF NO benefit to the company. They have done nothing to improve this company, but their decisions/non decisions have cost this company now where all it is is a SALVAGE project. THEY HAVE NO SHAME ....say it... — read more
THIS says it all... Walgreens Goes From $100 Billion Health Giant to Private-Equity Salvage Project
Nice headline...Nice job overpaid do nothing CEO and Board of whatevers. What is the employee morale going to be when it was already as low as it can get. What is the motivation.
Nice “town hall”
16 minutes only. Chat disabled. No “time” for Q&A in times of uncertainty. The only highlight was not seeing Tracey.
Ya right.....get ready ...Why not mention to the employees anything about jobs?
The Walgreens announcement made no mention of how many of Walgreens' 311,000 workers will remain employed when the sale to Sycamore Partners is completed. "Sycamore has deep respect for WBA's talented and dedicated team members, and we are committed... — read more
ENJOY all the BS at your townhall today...
All the lip service you will hear, all the how great this is for Walgreens, how the future looks bright. When they talk to you..just look at them knowing how they destroyed this company. They could care less. Looking for the expertise from the... — read more
Basically a game over
Very few of us can hope to keep our jobs. We all know how it goes when a private equity firm takes over.
"in the fourth quarter of calendar year 2025"
Tim said the deal will close ""in the fourth quarter of calendar year 2025." Does he mean Walgreens' fourth quarter which is June/July/August or does he mean October/November/December.
Walgreens Seals $10 Billion Take-Private Deal With Sycamore
https://www.wsj.com/business/deals/walgreens-sycamore-partners-deal-private-company-0538214e?mod=hp_lead_pos1
Selling to the vultures....... nice job
The WORST BOARD of Directors in history. Way to ruin at a company that was at one time well respected.
Walgreens is about to change forever...due to the worthless management leaders
Great job..All you had was was lip service and had no answers. Everything you did/didn't do was wrong. That is not hard grapes...it's just a fact. So sell...sell all you want.
WBA nears 10B $ deal to go private. Damn!
Walgreens Boots Alliance is closing in on a deal with private-equity firm Sycamore Partners that would take the struggling dr-gstore chain off the public market for around $10 billion, according to people familiar with the matter. Should Sycamore... — read more
DOWNGRADE....time too!!!...BIG enough IRS tax dispute?...when does it end
downgrade the stock from Hold to Sell, accompanied by a reduction in the price target to $9 from $11. Analyst George Hill expressed skepticism regarding the potential buyout by Sycamore Partners, describing it as "incredibly complicated" and unlikely... — read more
Bronstein, Gewirtz and Grossman, LLC Reminds Stockholders of Walgreens Boots Alliance, Inc. to Contact the Firm Today!
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Walgreens securities between April 2, 2020 and January 16... — read more
Deutsche Bank downgrades Walgreens
To Sell from Hold with a price target of $9, down from $11
Sycamore planning a three-way split of Walgreens after buyout, FT reports
Feb 27 (Reuters) - Sycamore Partners is planning a three-way split of Walgreens Boots Alliance (WBA.O), opens new tab if a deal to take the struggling pharmacy chain private is reached, the Financial Times reported on Thursday, citing people familiar... — read more
Walgreens throwing away millions in lawsuit settlements in an effort to sell
Tim and Neal are throwing away hundreds of millions of shareholder money in a desperate effort to sell the company. Will they settle for these large sums if this was their money??? Where is the Board?
Walgreens to Pay $97.8 Million to Resolve Allegations it Billed the Government for Uncollected Prescriptions
Attorney General William Tong and 49 other attorneys general joined the U.S. Department of Justice in settling allegations against Walgreens Boots Alliance, Inc. and Walgreen Co. (together, Walgreens). Under the terms of the agreement... — read more
Walgreens to pay $595 million to settle COVID test contract dispute
Walgreens said it had entered into a settlement agreement with telemedicine provider Everly Health Solutions as part of which the pharmacy chain operator will pay the company $595 million over a contract dispute for COVID-19 testing. The settlement... — read more
Sycamore news today is a scam
WBA stock was hit hard recently... one billion fine ordered by the court and dividend suspension are both terrible news. Company needed some good news to stop the stock slide. They are propping up the stock by saying the buyer is interested... — read more
Error Message
I get this message "Please ensure valid entries are maintained for USA as no validation(s) are configured. Please contact system administrator for further assistance. Do you wish to continue? Correct -or- Proceed" when I try to setup direct deposit... — read more
Per wall street news today, the Walgreens & Sycamore deal is showing signs of life after being declared dead.
I don't know if this is good or bad.
Ge-z Walgreens your competition.....CVS shares are up 45% this year
and Walgreens...... 75 USD ▼ -1.45 (-13.02%) past month.... IMPRESSIVE job Managment keep it up.
Walgreens ordered to pay $987 million in COVID-19 test contract case.
Keep it going. It's every week now.. Won't be able to last much longer. Now what do you say kool aid drinkers.
Selling assets now too.....
To Pay Down Debt, Walgreens Sells More Cencora Shares For $300 Million. They are hurting more than most are realizing.
Tons of new corporate jobs being listed
On LinkedIn. But… how is this possible if we have no money and there were layoffs in October? Makes no sense.